Non-Traded REIT disaster: A retired couple’s story
After more than 40 years of marriage and running a business together, a Florida couple sold their business and earned proceeds of $500,000. It was May 2008 and the economy was cracking. For years, the...
View ArticleFinancial Advisor Improperly Sold High Risk, Non-Traded REITs, Vernon...
A financial advisor seeking high commissions for himself instead of the financial well being of his widowed school teacher client improperly sold her high risk non-traded REITs and other unsuitable...
View ArticleDilemma for Investors in Non-Traded Reits: Sell for Big Loss or Hold
Investors who find themselves trapped in an unproductive and illiquid non-traded REIT investment and stiff REIT losses are now faced with an emerging and confusing trend: lowball tender offers made by...
View ArticleFor investors in KBS REIT I the trouble continues
More and more non-traded REITs continue to announce devastating losses for investors. KBS REIT I is a repeat offender. Investors in the KBS Real Estate Investment Trust I were told last week that...
View ArticleVernon Litigation Group and Dovin Malkin Ficken file $2.3 million in claims...
Naples, Fla. — A group of brokers registered with VSR Financial fraudulently misrepresented illiquid and speculative non-traded REITs and alternative investments that they sold to three clients,...
View ArticleVernon Litigation Group and Dovin Malkin Team File Another Claim on Behalf of...
Naples, Fla. — Paul Larsen, a former VSR Financial Services financial advisor, violated the law and FINRA regulatory rules in deceptively selling non-traded REITs and other alternative investments to...
View ArticleVernon Litigation Group and Dovin Malkin & Ficken Law Firms File Another...
NAPLES, Fla., Oct. 4, 2013 — This week, the law firms of Vernon Litigation Group and Dovin Malkin & Ficken filed another multimillion dollar FINRA arbitration relating to the sale of...
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