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Story summary
- Investors filed a lawsuit alleging securities fraud and racketeering by Tosh Berman, Michael Tanha, and Mahdiar Karamooz over Casa Madera in West Hollywood.
- The suit accuses them of misusing funds for extravagant purchases.
- It also alleges they overcharged for Toca Madera Las Vegas during Super Bowls LVII (2023) and LVIII (2024).
- Investors were denied access to financial records and seek millions in damages plus a trust over the defendants' assets.
