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Lawsuit filed for Investors in the Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC Investor Alert:

09-29-2020 01:09 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC.

A lawsuit was filed on behalf of investors in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC.

An investor in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made.

If you invested in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC, you have certain options and for certain investors are short and strict deadlines running. Deadline: November 20, 2020. Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants violated Sections 12(a)(2) and 15 of the Securities Act of 1933. The complaint alleges that defendants made materially false and misleading statements and omissions of material fact regarding, among other things, investors' expected rates of return on their investment. In this action, plaintiff seeks, among other things, an award of rescission or rescissory damages and prejudgment interest.

Those who purchased shares of Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC) 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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