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May 26, 2026

Riverside jury rejects $200M real estate claim, awards $30M on counterclaim

A Riverside County jury handed Southland Equities a sweeping trial victory after rejecting nearly $200 million in claims brought by Portero Commercial and awarding the real estate investment firm $30 million on fraud- and contract-related counterclaims following an eight-week trial.

A Riverside County jury on Thursday handed California real estate investment firm Southland Equities a trial victory, capping an eight-week courtroom battle in which the company beat back nearly $200 million in claims.

The jury rejected every claim brought by Portero Commercial and awarded Southland Equities $30 million on its counterclaims. Portero Commercial v. Southland Equities, CVRI2302814, (Riv. Co. Super. Ct. filed on May 31, 2023)

Southland Equities was r...

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