Are you concerned about losses investing in InvenTrust Properties (formerly Inland America)? If so, 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.
As we told you recently, Highlands REIT is a non-traded real estate investment trust formerly known as InvenTrust Properties Corp. In April 2016, each InvenTrust stockholder received one share of Highlands common stock for every share of InvenTrust common stock.
InvenTrust stockholders now own shares in both InvenTrust and Highlands. The number of InvenTrust shares held by stockholders did not change as a result of the distribution of Highlands common stock.
The trouble with non-traded REITs, like InvenTrust Properties and Highlands REIT, is that they are complex and inherently risky products.
Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those 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.
Lack of liquidity is often problematic for many investors. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.
LPSales.com, a secondary market for non-traded investments, offered just $2.05 per unit in December 2016 for shares of InvenTrust Properties. Unfortunately for many investors, this bid price would represent a significant loss on their capital investment.
If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.
For more information on The White Law Group’s investigation of InvenTrust Properties, see InvenTrust Properties Corp Investment Recovery Options
To determine whether you may be able to recover investment losses incurred as a result of your purchase of InvenTrust Properties or Highlands REIT, please contact 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 Franklin, Tennessee. For more information on the firm, visit www.WhiteSecuritiesLaw.com.