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trof

(54,256 posts)
Sat Mar 11, 2017, 10:30 AM Mar 2017

Canada's highest court upholds ruling that Donald Trump did mislead investors [View all]

Source: Independent (U.K.)

A lawsuit alleging that Donald Trump and a real estate development firm misled investors, has been upheld by Canada's highest court.
 
Sarbjit Singh and Se Na Lee alleged they were sold units in Toronto's, Trump International Hotel, under false pretences.  The pair claimed they were misled to believe their investments would see returns ranging from 7.7 per cent to 20.9 per cent. Instead, they said they lost a combined C$1.2m (£732,810).
 
The Ontario Court of Appeal last year, sided with them in their case against Mr Trump, Talon International Development and former executives of that firm. 


Read more: http://www.independent.co.uk/news/world/americas/donald-trump-lawsuit-canada-court-approves-legal-case-against-us-president-a7623566.html

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