Right Place Principals in Settlement Talks
Arizona Republic: “Defendants in a high-profile real-estate investment fraud lawsuit stemming from the sale of apartment-conversion condos in Phoenix said they would consider settling the case while continuing to deny any wrongdoing . . . . The former principals of Right Place Properties and Red Door Group [Earl Ricker, Drew Grunwald, Rob Porter and Kevin Peck], two companies that solicited and managed investments in Phoenix-area condo projects, have been accused of misrepresenting the properties’ value and the nature of the investment deals.”