Have you suffered investment losses in Resource Real Estate
Investors 7, L.P.? If so, The White Law Group may be able to help you recover your losses through a FINRA arbitration against the brokerage firm that sold you the investment.
The White Law Group continues to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase limited partnership interests in real estate debt.
According to a letter from Mackenzie Realty Capital, a recent tender offer of $5.00 was made to purchase shares of Resource Real Estate Investors 7, L.P. Unfortunately for many investors, this appears to be a significant loss on their capital investment.
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 Resource Real Estate Investors 7 L.P. 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.