BECKER v. INLAND AMERICAN REAL ESTATE TRUST, INC.

Case No. 13 C 3128.

JAMES BECKER and SASANNA BECKER, on Behalf of Themselves and All Others Similarly Situated, Plaintiffs, v. INLAND AMERICAN REAL ESTATE TRUST, INC., J. MICHAEL BORDEN, THOMAS F. GLAVIN, BRENDA G. GUJRAL, DAVID MAHON, THOMAS F. MEAGHER, ROBERT D. PARKS, PAULA SABAN and WILLIAM J. WIERZBICKI, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

November 18, 2013.


MEMORANDUM OPINION AND ORDER

HARRY D. LEINENWEBER, District Judge.

I. BACKGROUND

This case involves real estate investment trusts ("REITs"). A REIT is an entity that combines the capital of many investors to acquire or invest in commercial real estate; that allows investors to invest in a real estate portfolio under professional management through the purchase of shares; that must pay distributions...

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