Litigation
Mar. 24, 2012
Jury sides with real estate billionaire
After a two-week trial in a San Diego Superior Court that pit a prominent business leader and philanthropist against members of his own family, lawyers for real estate billionaire Ernest Rady on Wednesday secured a jury defense verdict.
Daily Journal Staff Writer
After a two-week trial in a San Diego Superior Court that pit a prominent business leader and philanthropist against members of his own family, lawyers for real estate billionaire Ernest Rady on Wednesday secured a jury defense verdict.
Eight members of Rady's family filed the suit in 2009 for $272 million, claiming he reneged on a contract to buy out their shares of American Assets, Inc. But juror...
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