With Activist Campaign Settled, Sexual Harassment Lawsuit Against Cedar Reality Trust Continues

As the “Me Too” movement was getting off the ground this past fall, an activist hedge fund campaign was underway to oust the president of Cedar Realty Trust (NYSE:CDR) a Port Washington, NY-based Real Estate Investment Trust that owns and operates nearly $670 million in primarily shopping malls located in the Washington DC to Boston beltway. While the dispute with the activist hedge fund, Snow Park Capital Partners, has been settled, what remains is a sexual harassment lawsuit that is approaching a pivotal moment in court.

[activistinvesting]

A Brooklyn judge will soon decide if a sexual-harassment and pay-discrimination lawsuit filed...