David Lerner Associates Inc. won the dismissal of a lawsuit by investors who accused the brokerage of misrepresenting the value and returns of more than $6.8 billion worth of holdings in real estate investment trusts.
His company, which has five locations including Wall Street, Teaneck, N.J., and Coral Springs, Fla., helps investors create retirement portfolios consisting mainly of conservative, fixed-income vehicles. Mr. Lerner is a graduate of the City University of New York, where he also earned a master's degree.
