Maryland Litigation Updates – Memorandum Opinion from Judge 1.21.2025

Al Hartman’s most recent communication to shareholders sent 1.17.2025, is one in a long communication campaign to spread false information and misstatements to undermine the Executive Committee of Silver Star Properties REIT.  After a recent email Mr. Hartman sent to shareholders, our CEO Mr. Haddock decided that Silver Star would let the Court respond for us, and that has now occurred.

The Maryland Court’s written memorandum, which is included in this email and available on the company website states what we have asserted all along, that Al Hartman was not fit to serve as CEO and Executive Chairman of Silver Star Properties REIT and was removed to protect ultimately the shareholders.

The opinion sites the Plaintiff, Al Hartman, as not being credible no less than five times and draws references to him admitting to making misstatements to the court as a part of his depositions. It also clearly details how the Plaintiff filing an improper lis pendens caused Silver Star to incur “substantial cost as a result.” 

We are currently working on a State of the Union Review Podcast to be delivered by Mr. Haddock. We will also be sending out a Press Release detailing our most recent dispositions and other pertinent company information and expect to have both to you shortly.

 

Memorandum Opinion on Claims 1-3 and 5

Memorandum Opinion – Highlights