One of the allegations that we often hear from investors in Desert Capital REIT is that the principals of the firm were selling shares of Desert Capital shortly before investors were told that the firm would no longer be offering redemptions. Any time a principal of a company buys or sells stock in that company, the individual is required to disclose that information to the SEC.
If you would like to see each time the principles of Desert Capital REIT bought or sold shares in Desert Capital, you can access this information here:
If you have questions about investments you made in Desert Capital REIT, the securities attorney of The White Law Group may be able to help. The firm is currently representing many Desert Capital REIT investors in claims against the brokerage firm that recommended the investment.
To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.