Argus Realty and Associated Firms Allegedly Ripped Off Investors with High Fees, False Data
|Argus CEO Richard Gee|
In other words, within months, the investment was a total bust.
The Argus companies allegedly misrepresented the facts of the original transaction, their supposed $1 billion in commercial real estate acquisitions and more than 9 million square feet under management, claims the suit, which accuses Argus CEO Richard Gee and other company officers of misrepresentations and omissions about the securities.
Investors are represented by Mark Slater with Slater Hersey & Lieberman in Irvine.
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