Secondary Market Listing – ARC Retail Centers of America
Have you suffered losses investing in ARC Retail Centers of America? If so, the securities attorneys of The White Law Group may be able to help you recover those losses through a FINRA arbitration claim against the brokerage firm or financial advisor that recommended the investment to you.
The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) like ARC Retail Centers of America.
This type of investment is illiquid, and it can often be difficult to find a buyer. According to REITbid.com, a secondary market for non-traded REITs, shares of ARC Retail Centers of America are currently listed for just $8.25/share. The original purchase price was $10.00/share.
Is a non-traded REIT suitable for you?
The White Law Group continues to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase high-risk non-traded REIT investments, like ARC Retail Centers of America. Many investors are not fully aware of the problems and risks associated with these investments before purchasing them.
Real estate investment trusts (REITs) are complex and inherently risky products. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are significantly more complex and often better suited for sophisticated and institutional investors.
Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs – as high as 15%. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations.
Firms that fail to perform adequate due diligence on an investment may be held responsible for any losses in a FINRA arbitration claim.
FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.
If you suffered losses investing in ARC Retail Centers of America the attorneys at The White Law Group may be able to help you. For a free consultation with a securities attorney, please call The White Law Group at (888) 637-5510.
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.