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News and Articles on RAIT Investment Trust (RAS)
Scott+Scott, LLP Files Securities Class Action Lawsuit Against RAIT Financial Trust (f/k/a RAIT Investment Trust) On Behalf of Investors -- RAS Sep 16, 2007 Sept. 15, 2007 (PRIME NEWSWIRE) -- On September 15, 2007, Scott+Scott, LLP, filed a class action against RAIT Financial Trust (f/k/a RAIT Investment Trust) (``RAIT'' or the ``Company'') (NYSE: - ) and certain officers and directors in the U.S. District Court for the Eastern District of Pennsylvania. The action is on behalf of RAIT common stock purchasers during the period January 10, 2007 through July 31, 2007, inclusive (the ``Class Period''), for violations of the Securities Exchange Act of... (Primezone Releases)
Resource Capital shares drop by $1 Feb 8, 2006 Betsy Cohen, the family matriarch, is chief executive officer of the Bancorp Inc., a commercial bank, and RAIT Investment Trust, also a mortgage REIT. Another son, Daniel G. Cohen, is leading an initial public offering of Taberna Realty Finance, a mortgage REIT.. Private investors launched Resource Capital and Taberna last year, hoping to capitalize on a flood of commercial real estate deals. (Philly.com -- Business)
Fertile financial family's new fund Jan 2, 2006 RAIT Investment Trust, a mortgage REIT run by Betsy Cohen, 63, the family matriarch, was the laggard ... "They are very talented people," said Arthur Makadon, chairman of Ballard Spahr Andrews & Ingersoll L.L.P., the Philadelphia law firm, and a director of RAIT Investment Trust ... The firm's Kensington Select Income Fund is a major shareholder in Betsy Cohen's RAIT Investment Trust, which holds commercial real estate loans, and also owns restricted stock in Taberna. (Philly.com -- Business)
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