MANHATTAN (CN) – A federal judge denied class certification of a shareholders suit against the directors of Centerline Holding Co. U.S. District Judge Shira Scheindlin found that because lead plaintiff John Carfagno “lacks standing to pursue his claims for unjust enrichment directly, his motion for class certification is denied.”
Categories /
Uncategorized
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

