Are you concerned about your investment losses in Resource Real Estate Investors 7, LP? If so, The White Law Group may be able to help you recover your losses through a FINRA arbitration claim against the brokerage firm that sold you the investment.
Resource Real Estate is a global firm specializing in direct real estate investments, commercial real estate lending and global property securities, according to their website.
The White Law Group continues to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase limited partnership interests in real estate debt.
The trouble with private placements, such as Resource Real Estate Investors 7, is that they lack liquidity and are inherently risky. Compared to traditional investments, such as stocks, bonds and mutual funds, private placements are more complex and are better suited for sophisticated and institutional investors. In addition, private placements are exempt from registration with the Securities and Exchange Commission (SEC), therefore they lack the same regulatory oversight as more traditional investments.
Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
If you suffered losses investing in Resource Real Estate Investors 7 LP and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.