Page Mill investors sue firm over millions | April 2, 2010 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

News - April 2, 2010

Page Mill investors sue firm over millions

Investors claim Palo Alto company committed fraud, misled them in East Palo Alto 'scheme'

by Gennady Sheyner

Palo Alto-based property manager Page Mill Properties committed securities fraud, misled its investors and engaged in an illegal and "morally offensive" plan to gentrify a portion of East Palo Alto, a group of Page Mill's investors is alleging in a lawsuit against the beleaguered real-estate company.

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Staff Writer Gennady Sheyner can be e-mailed at gsheyner@paweekly.com.

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