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Litigation

Mar. 1, 2012

Condo buyer alleges developer misled residents

The developers of the upscale Ritz-Carlton Residences at L.A. Live have been hit with a potential class action by a broker who says the company coerced buyers into one-sided purchase contracts.


By Sean Windle


Daily Journal Staff Writer


LOS ANGELES - Developers of the upscale Ritz-Carlton Residences at L.A. Live have been hit with a proposed class action by a real estate broker who says the company misrepresented the size of the condominiums and coerced buyers into one-sided purchase contracts.


The suit was filed last Wednesday in Los Angeles County Superior Court. According to the complaint, the purchase agreement drafted by Olympic ...

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