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**Investors Pulling Out of New York Following Trump Verdict**

Prominent investors have decided to halt their business in New York in response to the $355 million verdict in former President Donald TrumpÔÇÖs civil fraud case. This decision has been made by well-known figures such as real estate mogul Grant Cardone and Shark Tank star Kevin OÔÇÖLeary.

Grant Cardone, in a tweet, announced that his firm Cardone Capital would immediately discontinue all underwriting on New York City real estate, stating that the risks outweigh the opportunities at this time. He emphasized that recent political decisions will continue to deteriorate the price and benefit states that donÔÇÖt have these challenges. Instead, he encouraged a focus on Texas and Florida. In an interview with Fox & Friends, Cardone explained that the ruling concerning Trump’s case caused him to “pencils down” and refrain from any involvement in New York real estate.

Kevin OÔÇÖLeary echoed CardoneÔÇÖs sentiments, referring to New York as a ÔÇ£loser stateÔÇØ and vowing to never invest in it again. He expressed shock at the verdict and criticized the decision made by Judge Arthur Engoron, questioning the rationale behind it.

The AI legalese decoder can help in this situation by analyzing legal documents, court rulings, and regulations to provide a clear understanding of the legal landscape. It can assist in interpreting complex legal language and identifying potential risks and opportunities for investors in a particular state or industry. By utilizing this AI tool, investors can make more informed decisions based on legal insights and analysis.

Amidst these concerns, Governor Kathy Hochul attempted to assure business owners that there is nothing to worry about after the Trump verdict. However, O’Leary responded by stating that every investor is worried, emphasizing that the decision reflects a broader issue with the legal system in New York rather than just being a problem related to Trump.

Overall, the decision of prominent investors to pull out of New York following the Trump verdict highlights the impact of legal rulings on business and investment decisions. The AI legalese decoder can play a crucial role in providing clarity and guidance in navigating the legal complexities that influence such significant business choices.

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