Concerned about your investment in Evolution RE Hall Arts Hotel LP?
If your financial advisor unsuitably recommended investing in Evolution RE Hall Arts Hotel LP (Hall Arts Hotel) and you incurred losses, you may be able to recover your losses by filing a FINRA Arbitration claim.
Hall Arts Hotel, a real estate investment based in Dallas, Texas, reportedly filed a Form D to raise capital from investors in 2016. The total offering amount was purportedly $25,000,000.
Risks of Alternative Investments
Unfortunately brokers may not always adequately explain the risks and liquidity problems involved in purchasing alternative investments.
These investments are considerably more risky than traditional investments such as stocks, bonds, or mutual funds. They also often come with high fees and commissions. In this case, the estimated sales commissions paid to the broker-dealers were 7% and the selling agent received an underwriting fee of 3%.
The White Law Group is investigating the liability that some broker dealers may have for improperly recommending Evolution RE Hall Arts Hotel LP to investors.
Your financial advisor has a responsibility to perform due diligence on any investment before recommending it to you. If your advisor made unsuitable recommendations to you and you lost money, 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.
For a free consultation with a securities attorney, please call the offices at 888-637-5510.
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.
Please visit our website for more information on the firm, www.whitesecuritieslaw.com.