ЖЕРТВЫ SYNDICATED ИПОТЕЧНЫЕ ИНВЕСТИЦИИ
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Class Action Law Suits
Current Proposed Class Action Law Suits & Settlements
Lawyers Mitchell Wine, of MSTW Professional Corporation and Margaret Waddell of Sotos joined forces in prosecuting five proposed class actions relating to syndicated mortgage loans (SMLs) promoted by Fortress Real Developments Inc. and Fortress Real Capital Inc.
Five proposed class actions pertain to the following developments:
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Collier Centre – (2012 syndicated mortgage loan only)
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Progress Manors Ten88
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Sutton/The Link
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Harmony Village Lake Simcoe/The Kemp
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Orchard Calgary – only in respect of the charge registered as Registration No. 141 112 373.
Details of the proposed class actions, as well as statements of claims, and settlements can be found on the Sotos website. (search Fortress).
Partial Settlements
There have been 5 settlements thus far. Please refer to the Sotos website, or the FAAN website for details.
https://www.faanmortgageadmin.com/fortress/english
How can I get my
money back?
Many investors have asked us how they can get their money back. We have carefully looked at various avenues for recovery.
Other Class Action Pursuits
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An investigation team comprised of a lawyer, researcher and a forensic accountant had worked diligently with the help of Rose Ray , to create a report that would be used to highlight potential law suits pertaining to Fortress. A potential Class action lawsuit against Lamb Development Corp was filed, however unfortunately the law firm Groia advised they were unable to pursue the lawsuit further. Archived communications regarding this endeavour can be found here.
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Another law firm, Kallochlian Myers LLP filed a Statement of Claim in 2020 against Olympia Trust Company for the registered funds investors. However, on June 19, 2023, the Court of Appeal for Ontario has dismissed the appeal of the order dismissing the motion for certification. A copy of the decision is available here.
If you are an investor who has approached a law firm regarding a class action law suit against other Fortress related parties not mentioned on our website, please let us know.
Коллективные иски
Следственная группа состоял of юрист, исследователь и бухгалтер-криминалист усердно работали с помощью Роуз Рэй над созданием отчета, который будет использоваться для освещения потенциальных судебных исков, касающихся Fortress. Был подан потенциальный коллективный иск против Brad J Lamb Realty Inc./Lamb Development Corp, однако, к сожалению, юридическая фирма Groia решила, что они не могут продолжать судебный процесс. Архивные сообщения об этом начинании можно найтиздесь. Если вы являетесь инвестором и обратились в юридическую фирму по поводу группового иска против других сторон, связанных с Fortress, не упомянутых на нашем веб-сайте, сообщите нам об этом.
Насколько нам известно, в настоящее время 2 группы юридических фирм ведут коллективные иски, которые могут принести пользу некоторым инвесторам синдицированной ипотеки Fortress RDI. Подробности ниже.