Columbia Property Trust Securities Investigation
Are you concerned about your investment in Columbia Property Trust? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
Have you suffered investment losses in Columbia Property Trust (CXP) formerly known as Wells REIT II? If so, 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.
Columbia Property Trust reportedly owns, operates, and develops Class-A office buildings in high-barrier U.S. office markets, primarily New York, San Francisco, and D.C, according to its website.
The REIT, formerly known as Wells REIT II, was valued at $29.32 after a 4-for-1 reverse stock split at $29.32, prior to its listing on the New York Stock Exchange. The REIT ‘s public offering opening price was $22.75 in September 2013. Unfortunately for investors, the share price has continued to decline.
Share Price Declines Amid Covid-19 Financial Turmoil
According to Market Watch, shares of CXP closed at $15.60 yesterday. Share price has declined -28.42% in the last 12 months.
Recovery of Investment Losses
The White Law Group has represented numerous investors in claims against the brokerage firm that recommended non-traded REITs to these investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
If you have invested in Columbia Property Trust and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 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, please visit www.whitesecuritieslaw.com.