Pace Morby being sued for Sub to?

[Jerry Zhang]

Hi,

I spoke with a multifamily seller recently, and he told me that he was involved in a class action lawsuit with Pace Morby with the nature of it seemingly around the Sub-to deals he structures. I wonder if anyone else has heard about this lawsuit. are Sub To creative finance deals highly illegal or litigable in the multifamily space? 

[Chris Seveney]

@Jerry Zhang

Recommend speaking with them and getting the case number and information about the case and post it. As mentioned anyone can sue anyone for anything and curious what he would be sued for.