30 sue Donald Trump for failed tower project – FL
More lawsuits are piling up in the wake of the failed Trump Tower Tampa.This week, 30 individuals and companies filed a joint suit against The Trump Organization and Donald Trump personally, claiming they were duped into investing millions of dollars in the project in 2005, thinking Trump himself was building the property.”In truth,” the suit claims, Trump “only sold the ‘Trump’ name to use in inducing buyers to purchase units,” in the 52-story tower that would have gone up at 103 Ashley St.The real developer was SimDag/Robel LLC, something not fully revealed until 2007, and Trump was merely leasing his name to the project, they claim in a suit filed in Thirteenth Judicial Circuit court. That arrangement only became public in May 2007 amid media reports, the suit notes, and Trump himself sued SimDag in May 2007, seeking “millions of dollars in unpaid fees” from his name-leasing arrangement.An attorney for The Trump Organization said the developer was disclosed.