Have you suffered losses in Columbia Property Trust? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.
According to its website, Columbia Property Trust is an investment management company with a $5+ billion portfolio comprising of more than 60 Class-A office properties in key markets nationwide. Columbia Property Trust was founded in Norcross, Georgia, a suburb of Atlanta, under the former name Wells REIT II, Inc.
Based on reports, it appears that the share price of Columbia Property Trust (Wells REIT II) has declined by 30% or more. The White Law Group is investigating the liability that brokerage firms may have for selling Columbia Property Trust.
Brokerage firms have a fiduciary duty to perform adequate due diligence on any investment before offering it for sale to their clients. Additionally, broker-dealers must evaluate the investor’s age, investment objectives, investment experience, and net worth in order to determine whether a specific investment recommendation is suitable. Given the performance of Columbia Property Trust and how non-traded REITs are often sold as low risk, income producing investments, it appears that the firms that sold this investment may be liable for the resulting loss.
If you invested in Columbia Property Trust (Wells REIT II) 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 firm, visit http://www.whitesecuritieslaw.com.