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Written by 7:50 pm Blog, Current Investigations

Landmark Dividend Solar Land I DST Securities Investigation

Landmark Dividend Solar Land I DST Securities Investigation, featured by top securities fraud attorneys, The White Law Group

Concerned about your investment in Landmark Dividend Solar Land I DST?

Are you concerned about your investment in Landmark Dividend Solar Land I DST? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

Landmark Dividend acquires real property interests underneath cell towers, billboards, wind turbines and solar projects, offering payments to property owners in exchange for long-term ground leases and real property easements under these essential operating assets, according to its website. Landmark Infrastructure Partners LP (NASDAQ: LMRK), a publicly-traded subsidiary of Landmark, acquires, owns and manages a diversified, growing portfolio of real property interests.

According to SEC filings, the company filed a Form D to raise capital from investors in 2018.  The entity type was purportedly Delaware Statutory  Trust and the total offering amount was purportedly $17,259,000.

Delaware Statutory Trusts, or DSTs, are an alternative for 1031 exchange investors seeking replacement properties, allegedly offering the potential for monthly income and diversification without any on-going landlord duties.

DSTs are not appropriate for all investors, as they come with a few disadvantages, compared to owning a property outright. 1031 DSTs cannot raise new capital, leaving investors holding the bag if expensive repairs are needed. The investors also have no control over the property, or the ability to make decisions about the property. While the sponsor may welcome feedback from the investor, they don’t allow any actions to be taken by said investor.

Additionally, 1031 DSTs are illiquid, and it can often be difficult to find a buyer when the investor is ready to sell.

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly recommending high-risk DST investments to investors.

Despite the risks of investing in DSTs, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.

Fortunately, FINRA does provide for an arbitration forum for investors to resolve disputes if a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment. It is possible that they could be found liable for investment losses in a FINRA arbitration claim.

Free Consultation with a Securities Attorney

If you are concerned about your investment in Landmark Dividend Solar Land I DST, please call the securities attorneys at The White Law Group at 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 Franklin, Tennessee.

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.

 

 

 

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