Have you suffered investment losses in a 1600 Barberry Lane – TIC investment? If so, The White Law Group may be able to help you recover your losses through FINRA arbitration.
The White Law Group is investigating potential securities fraud claims against the broker-dealers that improperly or unsuitably recommended tenant in common (TIC) investments to its clients.
TICs may seem like a straight forward investment, when in fact, they are complexly structured and inherently risky. Not only are they dependent on the continual performance and condition of the property but also the over all health of the real estate market.
Due to the relatively high interest or dividend offered by TICs, retired investors are often attracted to these products. Unfortunately, TICs are generally unsuitable for retired or income seeking investors. TIC investments are generally illiquid, severely limiting the investors’ ability to access their funds should the need arise.
In Addition, TICs typically pay a high commission – often as much as 10% (which often explains the stockbroker’s motivation in recommending the TIC investment to the investor).
To determine whether you may be able to recover investment losses incurred as a result of your purchase of 1600 Barberry Lane, please contact The White Law Group at 312-238-9650.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.