DLP Capital is a private real estate investment services company founded by Don Wenner in 2013. The company has a track record of high returns, but it has also been the subject of a recent lawsuit.
In September 2022, former DLP executive Anthony Ruben filed a lawsuit against the company, alleging that he was owed millions of dollars in profits. Ruben claims that he was promised a share of DLP’s profits, but that he was terminated after seeking compensation.
DLP Capital has denied Ruben’s allegations, claiming that he was not entitled to any profits. The company has also accused Ruben of breaching his employment contract.
The lawsuit is still ongoing, but it has raised concerns about DLP Capital’s business practices. Some investors have expressed concerns that the company may be engaging in fraudulent or misleading activities.
FAQs:
Q: What is DLP Capital?
A: DLP Capital is a private real estate investment services company. The company invests in real estate assets, such as office buildings, apartment complexes, and retail centers.
Q: Why is DLP Capital being sued?
A: DLP Capital is being sued by a former executive who alleges that he was owed millions of dollars in profits. The executive claims that he was promised a share of DLP’s profits, but that he was terminated after seeking compensation.
Q: Is DLP Capital a legitimate company?
A: DLP Capital is a registered company with the Securities and Exchange Commission (SEC). The company has a track record of high returns, but it has also been the subject of a recent lawsuit.
Q: What should I do if I am an investor in DLP Capital?
A: If you are an investor in DLP Capital, you should monitor the lawsuit and contact the company if you have any concerns. You may also want to consult with a financial advisor to discuss your investment options.
Q: What is the future of DLP Capital?
A: The future of DLP Capital is uncertain. The outcome of the lawsuit could have a significant impact on the company’s operations.
Conclusion
The DLP Capital lawsuit is a developing story. It is important to stay informed about the latest developments and to consult with a financial advisor if you have any concerns about your investment.
References:
- The Real Deal: Dream, Live, Pay up? Ex-DLP exec alleges Florida firm owes him millions: https://therealdeal.com/miami/2022/09/13/dream-live-pay-up-ex-dlp-exec-alleges-florida-firm-owes-him-millions/
- SEC Filing: DLP Capital Partners LLC: https://www.sec.gov/Archives/edgar/data/1806014/000114036120019771/brhc10014920part_ii-iii.htm