A group of 185 Chinese investors are suing Lewis Brisbois Bisgaard & Smith and an investor client for allegedly failing to protect $92.5 million of invested capital in a $2.5 billion redevelopment project in Century City, Los Angeles, according to a complaint filed this month in California federal court.
The March 14 complaint centers on Lewis Brisbois’ representation of longtime client CMB Export, a lender of the Century Plaza redevelopment project, which allegedly contributed to the loss of the entire $92.5 million investment made by the plaintiffs.
