CNL Lifestyle Properties Investment Losses
Are you concerned about your losses investing in CNL Lifestyle Properties? If so, The White Law Group may be able to help you recovery losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.
Unfortunately for investors, LPsales.com, a secondary market for private placements, sold shares of CNL Lifestyle Properties in October for only $1.73 per share. That’s more than 80% less than the original purchase price of $10.00 per share.
The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) like CNL Lifestyle Properties.
Risks of Non-traded REITs
In The White Law Group’s recent claims, the firm has alleged, among other things, that REITs were:
(1) high-risk and unsuitable for our clients given their financial needs and investment objectives,
(2) that the risks of the investment were not fully disclosed to them,
(3) that the brokerage firms that sold the investments failed to follow FINRA rules to perform adequate due diligence.
Non-Traded REITs are complex products that involve a significant degree of risk and arguably unsuitable for many investors. Brokerage firms that overlooked suitability requirements or failed to disclose the risk when recommending CNL Lifestyle Properties to clients may be liable for losses.
If you invested in CNL Lifestyle Properties or another non-traded REIT and would like to discuss your litigation options with a securities attorney, please call The White Law Group at 1-888-637-5510 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information about our firm and its representation of investors please visit our website, www.whitesecuritieslaw.com.