“You just walked into hell”: Jona Rechnitz hits back in Black Spruce lawsuits
Jona Rechnitz has hit back at the founder of GO Residential REIT, as a major transaction for the company hits roadblocks. Rechnitz, the former investment advisor for champion boxer Floyd Mayweather Jr., alleges that Josh Gotlib and his Black Spruce Management have been wrongfully withholding funds from Frist Apex, a firm associated with Rechnitz, since February. In a new suit filed Friday in New York County Supreme Court Frist Apex is trying to push Gotlib, who is the founder of GO, and Black Spruce to pay up. Frist Apex alleges in the suit that Gotlib is under “personal financial strain, […]
This article originally appeared on The Real Deal. Click here to read the full story.
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