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WeWork’s first investor used his stock as collateral. Now his lenders are suing him

WeWork’s first investor, who pledged his stock in the company as collateral on loans, is being accused of short-changing his lenders. Joel Schreiber, a landlord whose firm Waterbridge Capital owns a vast portfolio of buildings in New York, used his stake in WeWork and properties he owned to back loans totalling almost $ 3.3 million, which he later defaulted on, according to two lawsuits filed Thursday. One plaintiff, Vikram Kuriyan, says that he provided Schreiber with


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