Cannabis enterprise Cura Cannabis emerged from the wreckage of the Iris fraud and in the long run marketed for $400 million. Portland attorney Nick Slinde retained a stake in the business enterprise, obtained in payment for his function representing Iris. Hans Pennink | AP Image
Portland lawyer Nick Slinde is going through new allegations that he hid his position in a infamous Oregon actual estate rip-off, placing his have interests in advance of his client’s and reaping hundreds of thousands of bucks when investors’ money was redirected into a marijuana small business in which Slinde owned a stake.
The new accusations are in a scathing letter to the Oregon Point out Bar from the court docket-appointed receiver overseeing the dissolution of Iris Funds, the investment fund that spurred the scandal and cost Oregon retirees $1 million in price savings. The bar affiliation has been investigating Slinde because 2019.
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