Trump can’t appeal court decision he misled Toronto investors

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Trump can’t appeal court decision he misled Toronto investors; Sarbjit Singh and Se Na Lee says they were misled to believe units in the Toronto hotel would result in returns ranging from
Topic Started: Mar 10 2017, 10:13 AM (95 Views)
goldengal	Mar 10 2017, 10:13 AM Post #1
Mistress, House of Dogs Posts: 11,674 Group: Member Member #715 Joined: March 31, 2010	Quote: OTTAWA — Canada’s highest court is upholding a lower-court ruling in favour of investors who launched a lawsuit alleging they were misled by U.S. President Donald Trump and a real estate development firm. The Supreme Court of Canada has decided it will not hear an appealed by defendants Trump, Talon International Development and its former executives, in relation to the Trump International Hotel and Tower in downtown Toronto. The plaintiffs — Sarbjit Singh and Se Na Lee — allege they were sold units in the hotel under false pretenses and misled to believe their investments would result in returns ranging from 7.74 per cent to 20.90 per cent. Instead, the two investors lost a combined $1.2 million, according to a decision by the Ontario Court of Appeal last year. https://www.thestar.com/business/2017/03/09/trump-cant-appeal-court-decision-he-misled-toronto-investors.html Take care, Pat



heatseeker	Mar 10 2017, 02:31 PM Post #2
Veteran Member Posts: 10,320 Group: Member Member #713 Joined: March 30, 2010	He will probably be attacking the corrupt Canadian judicial system on twitter.



Trotsky	Mar 12 2017, 01:58 AM Post #3
Big City Boy Posts: 38,319 Group: Member Member #79 Joined: September 8, 2005	Quote: misled to believe their investments would result in returns ranging from 7.74 per cent to 20.90 per cent. The poor dears read the prospectus too quickly and completely missed the minus sign on the projected returns. How can somebody hold a developer guilty if their condominium loses value? Edited by Trotsky, Mar 12 2017, 02:04 AM.



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