Investigation Update on Schorsch REIT Empire

Wednesday, December 24th, 2014

According to InvestmentNews, Massachusetts securities regulator has expanded their investigation. Secretary Galvin began investigating the wholesaling broker-dealer arm of Nicholas Schorsch REIT empire, Realty Capital Securities, earlier this year.

The Commonwealth was investigating the way REITs were sold to Massachusetts residents. Specifically, what information was given to investors and what investors were told about accounting at the REITs. The investigation was launched shortly after the alleged accounting error at American Realty Capital Properties (ARCP) that was intentionally not corrected.

According to InvestmentNews, the investigation will now include three additional entities controlled by Schorsch: American Realty Capital Properties (ARCP),American Realty Capital, and RCS Capital Corp. The expanded investigation also aims to uncover what knowledge certain executives knew regarding the accounting error and when they knew it.

The widening investigation coincides with a defamation lawsuit filed against ARCP, Schorsch and former CEO, David Kay. According to InvestmentNews, the lawsuit by Lisa McAlister, former ARCP chief accounting officer, alleges that she and another executive were made scapegoats to cover-up the $23 million accounting error.

The White Law Group continues to investigate potential claims on behalf of investors to recover losses in ARCP and other REITs. If you own interests in REITs and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312-238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. Our offices are located in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit the firm’s website at www.WhiteSecuritiesLaw.com.

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Recovery of Morgan Stanley Cushing MLP High Income Exchange-Traded Notes Losses

Saturday, December 20th, 2014

Have you suffered losses investing in Morgan Stanley Cushing MLP High Income Exchange-Traded Notes?   If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

Exchange-Traded Notes (ETN) are senior, unsecured debt obligations of Morgan Stanley and are intended to provide access to various indices.  The Morgan Stanley Cushing MLP High Income Exchange-Traded Notes track the performance of the Cushing MLP High Income Index.

Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it.  Over the last four weeks, the Morgan Stanley Cushing MLP High Income Exchange-Traded Notes is down 21.63%.

Structured products, like Exchange-Traded Notes, are extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

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 Exchange-Traded Notes that are linked to the Energy Sector and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

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 http://www.whitesecuritieslaw.com.

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Recovery of Morgan Stanley S&P 500 Crude Oil Linked Exchange-Traded Notes Losses

Saturday, December 20th, 2014

Have you suffered losses investing in Morgan Stanley S&P 500 Crude Oil Linked Exchange-Traded Notes?   If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

Morgan Stanley S&P 500 Crude Oil Linked Exchange-Traded Notes (ETN) are linked to the S&P 500 Oil Hedged Index.

Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it.  The S&P 500 Oil Hedged Index is down 35.61% this quarter-to-date.

Structured products, like Exchange-Traded Notes, are extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

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 Exchange-Traded Notes that are linked to the Energy Sector and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

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 http://www.whitesecuritieslaw.com.

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Recovery of JPMorgan Contingent Income Auto-Callable Securities Based on the Value of the S&P GSCITM Brent Crude Oil Index Excess Return Losses

Saturday, December 20th, 2014

Have you suffered losses investing in JPMorgan Contingent Income Auto-Callable Securities Based on the Value of the S&P GSCITM Brent Crude Oil Index Excess Return?  If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

JPMorgan Contingent Income Auto-Callable Securities Based on the Value of the S&P GSCITM Brent Crude Oil Index Excess Return are linked to the S&P GSCITM Brent Crude Oil Index.  Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it.  The S&P GSCITM Brent Crude Oil Index is down 38.64% this quarter-to-date.

Structured products, like Contingent Income Auto-Callable Securities, are extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

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 Contingent Income Auto-Callable Securities that are linked to the Energy Sector and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

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 http://www.whitesecuritieslaw.com.

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Recovery of JPMorgan Buffered Return Enhanced Notes Linked to the JPMorgan Commodity Curve Index – Crude Oil Excess Return Losses

Saturday, December 20th, 2014

Have you suffered losses investing in JPMorgan Buffered Return Enhanced Notes Linked to the JPMorgan Commodity Curve Index – Crude Oil Excess Return?  If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

JPMorgan Buffered Return Enhanced Notes Linked to the JPMorgan Commodity Curve Index – Crude Oil Excess Return are are senior unsecured obligations of JPMorgan.  The JPMorgan Buffered Return Enhanced Notes Linked to the JPMorgan Commodity Curve Index – Crude Oil Excess Return are designed for investors who seek a return of 1.5 times the appreciation of JPMorgan Commodity Curve Index — Crude Oil Excess Return up to a maximum total return on the notes that will not be less than 31.00% or greater than 34.00% at maturity.  Investors should be willing to forgo interest and dividend payments and, if the Index declines by more than 15%, be willing to lose up to 85% of their principal.

Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it.  Over the last quarter, crude oil has been down 30% to 40%.

Structured products, like Buffered Return Enhanced Notes (BREN), are extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

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 Buffered Return Enhanced Notes that are linked to the Energy Sector and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

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 http://www.whitesecuritieslaw.com.

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