The Miami-based homebuilder was the victim of corporate sabotage that put its shares under attack.
April 01, 2015 at 12:55 AM
1 minute read
Lennar Corp. once again triumphed Wednesday over California developer Nicolas Marsch III, a former business partner accused of corporate sabotage that caused the Miami-based homebuilder’s stock value to plummet.
The Third District Court of Appeal upheld a final judgment in favor of Lennar, which in 2013 won a $1 billion jury award against Marsch and his financial advisory firm, Briarwood Capital LLC.
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