On September 17, 2008 Toby Tobin, a Florida real estate reporter, advised that another lawsuit has been filed against Ginn Development Company, LLC and some of its subsidiaries. The lawsuit was filed on September 12, 2008 in St. Lucie County, Florida.
The 17 Ginn/Tesoro plaintiffs claim that the company violated Florida’s Deceptive and Unfair Trade Practices Act.
Previous Ginn lawsuits allege that the company violated SEC regulations and the Interstate Land Sales Full Disclosure Act.
The Ginn Company is currently developing Laurelmor in Western North Carolina.