Concerned about Investment Losses in American Finance Trust and ARC Retail Centers of America?
Have you suffered investment losses in American Finance Trust (AFT) and/or American Realty Capital Retail Centers of America, Inc.? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.
Recently we told you about the proposed merger between American Finance Trust, Inc. (AFIN) and American Realty Capital – Retail Centers of America, Inc.
On February 14, 2017, American Finance Trust and ARC Retail Centers of America announced that the respective shareholders of the companies had approved the merger of ARC RCA with and into AFIN. According to the September 6, 2016, merger agreement, ARC RCA shareholders will receive 0.385 common shares of AFIN and $0.95 in cash in exchange for their ARC RCA common stock.
Non-Traded REITs are Risky
Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITS, like American Finance Trust and American Realty Capital are considerably more complex and involve a high degree of risk. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with REITs.
The White Law Group has represented numerous investors in claims against the brokerage firm that recommended non-traded REITs to these 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. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
If you have invested in American Finance Trust and ARC Retail Centers of America and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 for a free consultation.
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.