Have you suffered investment losses in Inland America? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
According to SEC filings, a tender offer dated November 7, 2014 offered to purchase shares for $5.00. Unfortunately for many investors, this represents a 50% loss on the original value of the shares.
REITs, like Inland America, are high risk investment products that often lack liquidity. Compared to traditional investments, such as stocks, bonds and mutual funds, REITS are considerably more complex and not suitable for most investors. Unfortunately many investors were not made adequately aware of the risks and lack of liquidity associated with REITs prior to purchase.
Broker dealers are required to perform adequate due diligence on all investment recommendations to ensure that all recommendations are suitable for the investor and inline with the investor’s age, risk tolerance, net worth, and investment experience.
Unfortunately, the high sales commissions associated with REITs often provides some broker dealers with enough incentive to overlook suitability requirements (broker dealers earn extremely high sales commission for selling private placements, sometimes as high as 15%).
Brokers that fail to perform adequate due
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Inland America 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 Franklin, Tennessee.
For more information on the firm, visit www.WhiteSecuritiesLaw.