Antitrust & Trade Reg.
Apr. 2, 2024
Investors can pursue antitrust claims against Solano County landowners
The investor group, which spent six years buying up thousands of acres of land under the name Flannery Associates LLC, alleged a group of landowners engaged in a conspiracy by text and other means to drive up the sales prices of their properties.
A group of Silicon Valley investors can continue to pursue antitrust claims against a group of Solano County landowners that they say are trying to drive up land prices because of a planned city.
The ruling comes as California Forever is ramping up its political campaign to build the new city on agricultural land. The investor group, which spent six years buying up thousands of acres of land under the name Flannery Associates LLC, alleged...