December 3, 2012 Comments (0) Blog, Securities Fraud

Recovery of Behringer Harvard Strategic Opportunity Fund Losses

(Last Updated On: July 17, 2015)

Have you suffered losses in the Behringer Harvard Strategic Opportunity Fund?  If so, the securities fraud attorneys of The White Law Group may be able to help you recover those losses through FINRA arbitration.

According to its website, Behringer Harvard provides innovative alternative investment opportunities by leveraging decades of investment program development, management, performance, and distribution experience.  Notwithstanding these declarations, many of Behringer Harvard’s offerings have suffered catastrophic losses.

For example, in August of this year it was reported that the Behringer Harvard Strategic Opportunity Fund I was under water and its debt apparently far outweighs the fund’s equity.  Launched in 2005, the fund acquired the majority of its assets just before the bubble burst on the real estate market.  Now it appears that investors in the fund have likely lost all or most of their original investment.

The White Law Group continues to file FINRA arbitration claims against the financial professionals and broker-dealers that recommended Behringer Harvard investments to their clients.

Financial advisors and broker-dealers have a duty to their clients to perform the necessary due diligence on an investment before offering it for sale to their clients and to ensure that any investment recommendation that is made is suitable in light of the client’s age, investment experience, net worth, and investment objectives.

Given what is now known about the Behringer Harvard Strategic Opportunity Fund, it is clear that the brokerage firms that sold this product failed to assess the risk and in many cases sold these investments to investors unsuitably.

Although the Financial Industry Regulatory Authority (FINRA) has issued several investor alerts on non-traded real estate investment trusts (REITs), like the Behringer Harvard Strategic Opportunity Fund, calling attention to the unique risks, features and fees of the products, these alerts have not slowed the sale of these products to investors.  REITs like the Behringer Harvard Strategic Opportunity Fund generally pay commissions between 7-10%.  These commissions are some of the highest offered by any investment product sold by financial professionals and can often explain the financial advisor’s true motivation in recommending these products.

If you invested in the Behringer Harvard Strategic Opportunity Fund I and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.

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