A Broward Circuit Court judge has thrown out a proposed class action lawsuit against former foreclosure king David Stern and his company, DJSP Enterprises Inc., that was previously dismissed by a federal judge.
Judge Jack Tuter on Friday granted summary judgment to DJSP, Stern and Kumar Gursahaney, the company’s former chief financial officer, treasurer and executive vice president. They were sued by former shareholders: hedge fund Philadelphia Financial Management of San Francisco LLC and Blue Lion Masters Fund, a Cayman Islands limited partnership.
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