Have you suffered investment losses in Lightstone Value Plus REIT? If so, 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.
Non-traded REITs, like Lightstone, involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds.These types of investments are more complex, lack liquidity and therefore better suited for sophisticated and institutional investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience.
Investors looking to sell a REIT investment often have difficulty finding a buyer, and can suffer significant losses on the sale. According to LPsales.com, shares of InvenTrust were for sale at $8.75 per unit in July 2015.
If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Lightstone Value Plus REIT, please contact 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 Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.