Have you suffered investment losses in TIER RIET? If so, The White Law Group may be able to help you recover your losses through FINRA arbitration.
The White Law Group continues to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase risky REIT investments, such as Tier REIT.
According to TIER REIT’s third quarter report ended in September 30, 2014, the estimated per share value is up 7%. However, the value is a megar $4.48. Moreover, investors trying to sell their shares will be lucky to find a buyer willing to pay the full value. According to Central Trade & Transfer, Shares of TIER REIT are currently offered at $2.45 and $2.50 per share.
REITs (or real estate investment trusts) can be an unsuitable investment for retirees or income seeking investors. The investment itself can be unsuitably risky because it is entirely dependent on the overall health of the real estate market.
Brokerage firms that sell REITs are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success. Furthermore, they need to evaluate whether the investment is 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 Tier REIT 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 www.whitesecuritieslaw.com.