December 21, 2012 Comments (0) Publications

Phoenix Business Journal: Phoenix REITs Drawn into Investigation of sales, Business Practices

A Phoenix-based company is tangled in a Massachusetts securities investigation in which regulators slapped a large brokerage with a lawsuit last week, claiming dishonest and unethical business practices in dealing with real estate investment trusts.

“The many retired people who own these products certainly care about this,” said attorney D. Daxton White, a partner in the White Law Group in Chicago, which represents investors. “They’re desperately looking for options on how to get their money back.”

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