Have you suffered losses investing in Highlands REIT?
Are you concerned about your losses investing in Highlands REIT? If so, The White Law Group may be able to help you by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.
Highlands REIT is a non-traded real estate investment trust formerly known as InvenTrust Properties Corp. In April 2016, each InvenTrust stockholder received one share of Highlands common stock for every share of InvenTrust common stock.
InvenTrust stockholders now own shares in both InvenTrust and Highlands. The number of InvenTrust shares held by stockholders did not change as a result of the distribution of Highlands common stock.
Unfortunately for investors, CFX Alternative Trading, a secondary market for private placements, is offering shares of Highlands REIT for just $0.26 per share.
The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) like Highlands REIT.
The Trouble with Non-traded REITs
The trouble with non-traded REITs, like Highlands REIT, is that they are complex and inherently risky products.
Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience. Firms that fail to do so may be held responsible for any losses.
Lack of liquidity is often problematic for many investors. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.
Recovery of Investment Losses
If you invested in Highlands REIT or another non-traded REIT and would like to discuss your litigation options with a securities attorney, please call 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.
For more information on The White Law Group and its investigations, visit www.whitesecuritieslaw.com.