RAIT Financial Securities Fraud
Friday, August 29th, 2008
If you purchased RAIT Financial Securities, you may have paid too much!
A class action has been commenced in the United States District Court for the Eastern District of Pennsylvania on behalf of shareholders who purchased or otherwise acquired RAIT Financial Trust common stock (NYSE: RAS) during the Class Period. If you purchased any of these securities during the Class Period and would like to represent a class of purchasers of those securities in this litigation, please fill out the form on this site.
The complaints charge RAIT Financial Trust and certain of its officers and trustees with violations of the Federal Securities Laws. RAIT Financial Trust is a real estate investment trust, providing comprehensive debt financing options to the real estate industry including bridge and mezzanine loans, preferred equity investments, trust preferred securities (“TruPS”) and subordinated debt for private and corporate owners of commercial real estate, REITs and real estate operating companies and their intermediaries throughout the United States and Europe.
