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Articles Posted in Real Estate Investment Fraud

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Newbridge Securities Sold Hospitality Investors Trust To Customers

HIT REIT Investors Continue to Report Investment Losses It is January 2022 and Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) continues to offer free, no-obligation case consultations to investors who suffered losses in Hospitality Investors Trust. The non-traded real estate investment trust (non-traded REIT), also known as…

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SSEK Law Firm Investigates Losses Involving NorthStar Real Estate Investment Trust (Now N1 Liquidating Trust)

Investors Who Weren’t Advised to Exit Before Merger Have Suffered Losses  If you are an investor who sustained losses in NorthStar Real Estate Investment Trust (REIT), now called N1 Liquidating Trust, you may want to explore your legal options to find out whether your financial advisor gave you improper advice…

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SSEK Law Firm Continues to Investigate Brokers Who Sold Hospitality Investors Trust

Non-Traded REIT Causes Investor Losses of Up To Over 95%   Our non-traded real estate investment trust (non-traded REIT) lawyers are continuing to look into claims of losses by investors whose financial advisors marketed and sold shares in Hospitality Investors Trust (HIT REIT). This investment was previously named American Realty Capital…

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Moody National REIT II Announces Postponement of Valuation of Shares

More Bad News for The Non-Traded REIT’s Investors  Publicly registered non-traded real estate investment trust, Moody National REIT II, announced in August 2021 that its Board had made the decision to postpone the valuation of its shares. Considering that the non-traded REIT has not updated its net asset value (NAV)…

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Cetera Advisors Broker Jeffrey Meyers Accused of Making Unsuitable REIT Investment Recommendations

Hospitality Investors Trust Was One of the REITs Marketed Cetera Advisors Network broker Jeffrey Gerard Meyers, an Overland Park, Kansas financial advisor, is named in two pending customer disputes.  The claimants are accusing him of making unsuitable investment recommendations involving non-liquid real estate investment trusts (REIT). One of the products…

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SEC Investigates Ex-MVP American Securities Broker Mike Shustek Over REIT Investors’ Losses

Ex-Broker Mike Shustek is Accused of Fraudulently Enriching Himself and the Company Michael Vincent Shustek, an ex-MVP American Securities stockbroker and the CEO of a number of real estate investment trusts (REITs) is facing SEC charges. The ex-broker is being accused of enriching himself and The Parking REIT since 2012. …

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Florida Retiree Files $500K REIT Arbitration Case Against Securities America

Broker Alan Douglass Unsuitably Overconcentrated Investor’s Funds in Non-Publicly Traded Products  An investor based in Lutz, Florida has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Securities America. This investor suffered losses in real estate investment trusts (REITs) and other non-publicly traded investments. The claimant, who is a…

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Brokers May Have Unsuitably Recommended Lodging Fund REIT III

SEC Looks at Reimbursements Made to Legendary Capital REIT III If your financial advisor recommended that you invest in Lodging Fund REIT III and you suffered losses, you may have grounds for a broker fraud claim to recover damages.  The publicly registered non-traded real estate investment trust (REIT) disclosed in…

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Utah Retirees Files $500K Investor Fraud Claim Over GPB & REIT Losses After Working With Triad Advisors & Broker Michael Payne

Triad Advisors and its Ex-Florida-Based Broker Placed Claimants Funds In Too Risky GPB Capital & REIT Investments   Two Utah retirees have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Triad Advisors, Inc. over losses they suffered from investing in GPB private placements and privately traded real estate investment…

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Brokers May Have Unsuitably Recommended ARC NYC REIT To Retail Investors

After American Realty Capital New York City Real Estate Investment Trust Went Public, Share Price Plunged If you are a retail investor whose broker recommended that you invest in American Realty Capital (ARC) New York City Real Estate Investment Trust (REIT), you may have grounds for an unsuitable investment recommendation…

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