-
July 15, 2019
Comments (0)
Blog, Securities Fraud
IMS Securities Inc. to pay $500,000 FINRA Award The White Law Group today announces a FINRA Arbitration panel has awarded a Texas couple over $500,000 in compensatory damages in a FINRA lawsuit filed against IMS Securities in February 2018, alleging unsuitable investments in high risk, non-traded REITs. The retired
Read More »
-
June 13, 2019
Comments (0)
Blog
Are Non-Traded REITs a suitable investment for you? According to Robert A. Stanger & Company, an investment banking firm that publishes The Stanger Report, non-traded REIT sales soared to $869 million in May 2019. Fundraising of $3.6 billion (year-to-date) has doubled from 2018 total of $1.7 billion, according
Read More »
-
December 14, 2018
Comments (0)
Blog, Current Investigations
FINRA Examination Findings: firms need to tighten up supervisory systems. Last Friday, the Financial Industry Regulatory Authority announced examination findings that many brokerage firms have been recommending unsuitable investments without considering the impact that cumulative fees, sales charges and commissions
Read More »
-
October 31, 2017
Comments (0)
Blog, Current Investigations, Securities Fraud
New Jersey Settlement alleges excessive amounts of alternative investments According to reports, the New Jersey Bureau of Securities fined LPL Financial $950,000 and ordered it to pay $25,000 to a state investor education fund. According to the settlement, there was a lack of supervision in regards to suitability
Read More »
-
September 21, 2017
Comments (0)
Blog, Current Investigations, Securities Fraud
Mass. Regulator William Galvin Charges SII Investments with Supervisory Issues Massachusetts’ state securities regulator William Galvin has charged SII Investments with unethical conduct related to the sale of real estate investment trusts, according to an administrative complaint filed by the state. According to
Read More »
-
January 10, 2017
Comments (0)
Blog
Have you suffered losses investing in NorthStar Realty Finance Corp.? If so, the securities attorneys of The White Law Group may be able to help you recover those losses in a FINRA arbitration claim against the brokerage firm that recommended the investment. NorthStar Realty Finance Corp. is a commercial real estate
Read More »
-
August 20, 2015
Comments (1)
Blog, Podcasts, Securities Fraud
Wall Street v. Main Street Podcast – Episode 1 – REITs with Guest Nicholas L. Bruce, Esq. In this episode, Mr. White discusses the issues of non-traded REITs and answers your questions on what a REIT is, the different types of REITs and
Read More »
-
February 26, 2013
Comments (0)
Blog, Securities Fraud
KBS Non-Traded REIT Investment Losses KBS non-traded REIT was quick to file an Amended Free Writing Prospectus (FWP) with the SEC after Keith D. Hall, KBS Capital Advisor co-founder and managing partner, appeared on Fox Business. The document filed on February 20th, 2013 is intended to correct and clarify
Read More »
-
February 27, 2012
Comments (0)
Blog, Securities Fraud
The Financial Industry Regulatory Authority (FINRA) outlined a list of investment products that they will be watching closely in 2012 because they feel that “concerns relative to business conduct and suitability issues are heightened.” This list of investment products comes from FINRA’s January letter outlining
Read More »
-
November 16, 2011
Comments (0)
Blog, Securities Fraud
Behringer Harvard REIT I, Inc. recently issued its latest Form 10-Q quarterly report which is now publicly available through the SEC’s website. The report seems to indicate that the condition of the nontraded REIT is not on a fast track to recovery, but instead continues to struggle to improve the REITs overall
Read More »
