Have you suffered investment losses in the Standard Life Investment Property Income Trust? 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.
According to Bloomberg, Standard Life Investment Property Income Trust Limited is a real estate investment trust specializing in the industrial and logistics property sector.
According to reports, three of the largest commercial property funds in the UK (M&G Investments, Aviva Investors and Standard Life Investments) have halted withdrawals because they don’t have enough cash to immediately repay investors, raising the question of whether investors in these funds will suffer substantial investment losses as the fund sponsors are forced to liquidate properties to meet withdrawal requests.
Given the Brexit vote and the devaluing of the pound, substantial declines in real estate investments in the UK appear quite possible.
The White Law Group is investigating the liability that US based brokerage firms may have for improperly over-concentrating investors in UK based investments like the M&G Property Portfolio Fund.
Broker dealers are required to perform adequate due diligence on all investment recommendations to ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience. If a broker dealer over-concentrates their client in one particular sector they can be held responsible for the resulting losses in a FINRA arbitration claim.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of the Standard Life Investment Property Income Trust, please contact The White Law Group at 1-888-637-5510 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. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.