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18 May 2026

  • 21:5021:50, 18 May 2026 diff hist +4,280 N Former LuxUrban CEOs Agree to $3M Settlement Over Alleged Investor Fraud 34705Created page with "Former LuxUrban CEOs [https://axlnews.com/article/former-luxurban-ceos-agree-to-3m-settlement-over-alleged-investor-fraud wedgie] Brian Ferdinand and Shanoop Kothari have reached a $3 million settlement to resolve a class-action lawsuit alleging they defrauded investors by fabricating hotel lease agreements. The deal, funded through corporate insurance, follows the company’s 2025 collapse into Chapter 7 liquidation and the founder’s personal bankruptcy filing. The S..." current