Federal Judge Dismisses Investor’s Complaint Over Alleged Online Misstatements

(October 12, 2023, 1:15 PM EDT) -- LOS ANGELES — A federal judge in California dismissed with prejudice the second amended complaint filed by a late investor’s daughter who continued to argue that a real estate company misled investors while seeking crowdfunding through social media statements after the investor’s death, finding that the daughter had failed to adequately plead falsity and that amending the complaint would be futile....