The suit, filed by three victims of the Nightingale Properties fraud perpetrated via the CrowdStreet platform, claims the Austin-based firm operated for years as an unregistered broker-dealer, selling and marketing securities and collecting fees without taking the proper steps to protect investors. The investors are asking...
Angry investors are going after crowdfunding platform CrowdStreet, seeking to recoup more than $1 billion in funds. Three victims in Elie Schwartz’s Nightingale Properties case, who each lost at least $25,000, filed a class-action lawsuit in Texas, where CrowdStreet is based, Bisnow reported. Former CrowdStreet chief...
Investors say real estate crowdfunding platform CrowdStreet helped facilitate a multimillion-dollar fraud by way of a Chicago office building, and now they want a refund. A group of 125 investors is taking legal action against the Austin-based investment platform, alleging it facilitated fraud in Nightingale Properties’...
A group of CrowdStreet investors is coming after the real estate crowdfunding platform, accusing it of negligence in an attempt to recoup their investment in Nightingale Properties' $130M purchase of a Chicago office building. In a statement of claim filed this week with the Arbitration Service...
Attorneys: CrowdStreet Aggressively Marketed Failed Investment Fund Without Proper Due Diligence; Offering Was Venture of Nightingale Properties, Currently at Center of Separate SEC and DOJ Fraud Cases Involving Other CrowdStreet Offerings. PORTLAND, OR – MARCH 5, 2025 – 125 investors brought a major action against the...
Real estate crowdfunding platform CrowdStreet is coming under fire after tens of millions of investor dollars allegedly went missing from accounts connected to Nightingale Properties. The dramatic disclosure, made last week by a fiduciary for the retail investors, related to two Nightingale deals in Atlanta and...
Call Us Now