Posts tagged ‘Paladin Realty Income Properties news’
Have you suffered investment losses in Paladin Realty Income Properties? If so, the REIT fraud attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.
According to reports, Paladin Realty Income Properties Inc. recently told investors it is ending the sale of its stock next month — after raising $78.7 million over more than four years — because it lacks the scale needed to cover expenses. This news is just more bad news for the non-traded REIT sector.
The White Law Group is continuing to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase risky non-traded REIT investments, including Paladin Realty Income Properties.
FINRA has stepped up its regulation of the sale of REITs and, in particular, the ways in which broker/dealers marketed and sold the products to investors. In many cases, and notwithstanding the risk of REIT investments, broker-dealers marketed these investments as safe and secure.
REITs typically pay a high commission – often as much as 15% (which often explains the stockbroker’s motivation in recommending the REIT investment to the investor).
Due to the relatively high interest or dividend offered by non-traded REITs, retired investors are often attracted to these products. Unfortunately, in addition to be risky investments, non-traded REITs are also illiquid (limiting investors’ ability to access their own money for unforeseen expenses).
To determine whether you may be able to recover investment losses incurred as a result of your purchase of a risky REIT investment, please contact 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 with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.