Have you suffered investment losses in CNL Lifestyle Properties? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
In recent month investors may have received letters regarding tender offers. According to a letter from CNL, a recent mini-tender offer of $2.50 per share was made by CMG Partners, LLC. The letter made note that the SEC has cautioned investor about mini-tender offers.
SEC files also indicated a tender offer of $3.00 was made by KM Investments, LLC.
Unfortunately for many investors, both offers would result in a significant loss on their capital investment.
Unfortunately, many investors did not fully understand what they were purchasing. Due to the high commissions associated with nontraded REITs, some financial advisors failed to adequately disclose all the risks and liquidity problems of these investments.
The White Law Group has represented numerous CNL investors in claims against the brokerage firm that recommended the REIT to these investors.
Brokerage firms have a fiduciary duty to its clients to perform adequate due diligence on an investment prior to recommending it for sale to its clients, as well as to ensure that any investment recommended is appropriate in light of the investor’s age, investment experience, net worth, and investment objectives.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of CNL Lifestyle Properties, please contact the REIT fraud attorneys of The White Law Group 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 Vero Beach, Florida.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.