Pino v. Cardone Capital, LLC, et al.Pino v. Cardone Capital, LLC, et al. Class Action2:20-cv-08499-JFW (KSx)

Welcome to the Pino v. Cardone Capital, LLC, et al. Class Action Website

If you purchased or otherwise acquired an interest in Cardone Equity Fund V or Cardone Equity Fund VI through their public offerings, you may be affected by a class action lawsuit.

What is this Lawsuit about?

The lawsuit alleges that Defendants Cardone Capital, LLC, Grant Cardone, Cardone Equity Fund V, and Cardone Equity Fund VI violated federal securities laws by making misleading statements or omissions in connection with the offering and sale of investments in Funds V and VI. 

Defendants deny Plaintiff’s allegations, including denying that Defendants made any materially false or misleading statement or omission in violation of the federal securities laws. 

At this time, the Court has not decided whether Plaintiff or Defendants are correct. Plaintiff must prove her claim in this lawsuit.

What is the current status of the Lawsuit?

The class notice administrator ("Administrator") is notifying people about the class action lawsuit.

The trial date is currently scheduled on March 9, 2027. During the trial, a jury will hear evidence to help them reach a decision about whether the Plaintiff or Defendants are right about the claims in the lawsuit. 

Who is included as a Class Member?

The Court ruled that anyone who purchased or otherwise acquired an interest in Cardone Equity Fund V or VI through their public offerings is a Class Member. Excluded from the Class are Defendants and their directors, officers, employees, and agents, and anyone who opts-out of the Class per the process described in the notice.

How do I exclude myself (“Opt-Out”) from the Class?

To exclude yourself (“opt-out”) from the Class, click the link below and submit your request for exclusion by no later than July 14, 2026:

Your Legal Rights and Options

Your legal rights are affected whether or not you act. Please review the Long Form Notice carefully.

These deadlines may be moved, canceled, or otherwise modified, so please check this site often for updates.

Option

Due Date

Event

Do Nothing

  • Stay in the Class
  • You may get money or benefits that may come from trial or settlement. No class member will be forced against his will to terminate his investment as a result of this lawsuit. If Plaintiff were to prevail in this lawsuit, you would not receive any money or benefits from the lawsuit unless you choose to tender your shares in Funds V and VI.
  • Be bound by all judgments in this case
  • Give up your right to sue or continue to sue Defendants on your own for the claims in this lawsuit

(See FAQ 5 for more details.)

Ask to be Excluded ("Opt-Out") 

Deadline: July 14, 2026

  • Remove yourself from the Class
  • Get no money or benefits that may come from trial or settlement but continue to retain your investment(s) in the Funds
  • You will not be bound by any judgments in this case
  • Keep your right to sue or continue to sue Defendants, at your own expense, for the claims in this lawsuit

(See FAQ 7 for more details.)

For More Information

Welcome to the official Pino v. Cardone Capital, LLC, et al. Class Action website.

Visit this website often to get the most up-to-date information.

Questions? Contact Us.