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Written by 12:49 am Blog, Securities Fraud Articles

KBS $1.75 Tender Offer

Vertical Capital Income Fund Investment Losses, Featured by Top Securities Fraud Attorneys, The White Law Group

Concerned about KBS REIT Investment Losses?

Have you suffered investment losses in KBS REIT? 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.

KBS Real Estate Investment Trust launched its initial public offering in January 2006 for up to 200 million shares of common stock and 80 million DRIP shares. The REIT raised $1.7 billion in its primary offering before its closing in May 2008, and $233.7 million under its dividend reinvestment plan which was terminated in April 2012. The company’s portfolio consists of 188 real estate properties, three real estate loans receivable, and a participation interest in a real estate joint venture.

According to a letter from Mackenzie Realty Capital, a recent tender offer of $1.75 was made to purchase shares of KBS. Unfortunately for many investors, this would be a significant loss on their capital investment.

Unfortunately, many investors did not fully understand what they were purchasing. Due to the high commissions associated with nontraded REITs, some financial advisors failed to adequately disclose all the risks and liquidity problems of these investments.

The White Law Group has represented numerous KBS investors in claims against the brokerage firm that recommended the REIT to these investors.

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all 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.

Recovery of Investment Losses

If you have invested in the KBS Real Estate Investment Trust, or another KBS investment, and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 888-637-5510 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 Vero Beach, Florida.

For more information on The White Law Group, visit www.whitesecuritieslaw.com.

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