The judges decision had absolutely nothing to do with whether this company owned real estate properties. Read the decision because it's quite clear that the case was dismissed because the causes of action that were sued upon did not allow a private citizen to pursue these courses of action. Only the SEC can do so. The 10 B5 cause of action was dismissed because the judge believed that the plaintiff did not rely on the audit when he was purchasing the stock. The judges decision has absolutely nothing to do with real estate. Good try, however the fact that this company paid for and owns real estate that is not on the balance sheet is a fact that will not go away.
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