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Class Action Complaint Filed on Behalf of Minority Public Unitholders of NTS Realty Holdings LP
Class Action Complaint Filed on Behalf of Minority Public Unitholders of NTS Realty Holdings LP
On February 12, 2013, a class action complaint was filed in the Delaware Court of Chancery on behalf of the minority public unitholders of NTS Realty Holdings Limited Partnership challenging the entire fairness of a proposed going-private squeeze-out merger by NTS’s controlling unitholder and Chairman, Defendant Jack Dale Nichols.
For further details about this litigation, please click here.