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Lawsuit filed for Investors in securities of RealtyShares, Inc

02-06-2020 04:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in RealtyShares, Inc securities over alleged securities laws violations.

A lawsuit was filed on behalf of investors in RealtyShares, Inc securities over alleged securities laws violations.

The Shareholders Foundation announced that an investor, who purchased securities of RealtyShares, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by RealtyShares, Inc in connection with certain allegedly false and misleading statements.

Investors who purchased securities of RealtyShares, Inc.: (1) relating to loans involving Franchise Growth, LLC; (2) including the loan regarding the Church's Chicken in Owensboro, KY; (3) or relating to Ingersoll Financial, LLC (the "Nationwide SFR Package") have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges that the defendants' solicitation of investors made false and/or misleading statements and/or failed to disclose that defendants had not done effective due diligence to substantiate Franchise Growth's "track record" or "extensive experience", and that the loans were not structured to protect investors insofar as the proceeds were not disbursed in a series of installments, spread over time so that the loan-to-cost ratio would at all times be kept within acceptable parameters.

Those who purchased securities of RealtyShares, Inc have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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