Our Delaware Statutory Trust Investment Loss Recovery Lawyers Are Here For You

The law firm Shepherd Smith Edwards and Kantas is offering free case evaluations for investors who suffered financial losses in The Nine @Memphis, a Delaware Statutory Trust (DST) student housing complex linked to a broader $56M investment fraud scheme involving Versity Investments/Crew Enterprises. Investors can seek to recover their principal, fees, interest, and other damages by pursuing FINRA arbitration claims against the brokerage firms that unsuitably marketed or sold these risky offerings.

If you are a The Nine @Memphis investor who suffered losses in this Delaware Statutory Trust (DST), a Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. This 114-unit luxury student housing complex, located close to the University of Memphis in Tennessee, was originally founded by Nelson Brothers Professional Real Estate. It is now part of Versity Investments/Crew Enterprises, whose leadership is accused of running a more than $56M investment scam.

Our Delaware Statutory Trust investor attorneys are representing investors who suffered losses in a Versity Investment that was sold to them by their broker. If you want to explore your legal options, contact us today to request your free case assessment.

What Are The Fraud Allegations Against Versity/Crew Enterprises?

• Versity/Crew Enterprises is facing not just a $56M fraud lawsuit, but also other lawsuits by lenders, as well as civil complaints.
• Allegations include misappropriation, such as the diversion of funds from DSTs to unrelated real estate transactions and toward personal expenses.

Why Are Brokers Being Sued For Selling Versity DSTs To Customers?

• Brokerage firms earned a multi-layer of fees of up to 29%. for selling Versity Delaware Statutory Trust investments to customers.
• Many Versity investors are looking at serious losses, including from suspended distributions.
• There have been allegations against brokers of making unsuitable investment recommendations, misrepresentations and omissions of the risks, due diligence failures, breach of fiduciary duty, negligence, Regulation Best Interest violations, and more.
• Your financial advisor is not supposed to expose you to investment scams even if they had nothing to do with the fraud.

Shepherd Smith Edwards and Kantas DST Recovery Lawyers are representing Versity DST investors against brokerage firms. We are seasoned FINRA lawyers that know how to represent investors in this particular forum.

What Kind of Damages Might You Be Able To Obtain By Suing Your Broker-Dealer Over Your The Nine @Memphis Losses?

Depending on the type of broker misconduct involved, you may be entitled to the following:

• Getting back the principal you paid to invest
• Interest or a reasonable rate of return for money you could have earned if only your funds were suitably invested
• Upfront fees and commissions you paid
• Legal fees and arbitration costs
• Rescission
• Statutory damages
• Punitive damages
• Pre-award and pre-judgment interest

Why Do You Need to Hire Knowledgeable Versity DST Lawyers To Represent You?

• Delaware Statutory Trusts are Regulation D offerings and private placements. You need seasoned DST recovery lawyers who understand this type of complex investment and have a solid strategy for maximizing your chances for full financial recovery.
• Your brokerage firm will have their own legal team representing them. You want a securities law firm that can fight for you while protecting your right to financial recovery.
• The ruling by the FINRA arbitration panel on your claim will be final. This is why you have to make sure you have an experienced team like Shepherd Smith Edwards and Kantas working on your case from the start.

Schedule Your Free Case Consultation With Us Today

Call our DST Recovery Lawyers at (800) 259-9010 or fill out this online form.