American Hospitality Properties Fund III Investigating Potential Lawsuits
Are you concerned about your investment in American Hospitality Properties Fund III? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, reportedly sponsored the $50 million Regulation D offering, American Hospitality Properties Fund III LLC, which funded the purchase of 17 upper-midscale and upscale select-service hotels.
Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration.
High commissions could be a motivating factor for unscrupulous financial advisors to sell this type of offering regardless of whether the investment is in line with the client’s investment objectives and profile. Moreover, the total commissions and expenses make it difficult for alternative investments to perform in line with the market.
Free Consultation with a Securities Attorney
If you are concerned about your investment in American Hospitality Properties Fund III, please call the securities attorneys of 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 White Law Group, visit https://www.whitesecuritieslaw.com.