Dallas Police and Fire Pension, Former Real Estate Advisors Settle Lawsuit

The failing Dallas Police and Fire Pension System has reached a settlement in a lawsuit against its former real estate advisors, who pension officials had accused of leading the retirement fund astray.CDK Realty Advisors and the pension system both agreed to drop all claims and counterclaims with prejudice, according to court records filed Tuesday. The only explanation given in the court record is that they "have now resolved their differences."Stuart Reynolds, an attorney for CDK, declined to comment Wednesday. Pension officials were not immediately available for comment.  Continue reading...

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