REIT Fraud Attorneys

Retiree Sues Independent Financial Group Over Moody National REIT II Losses. His Non-Traded REIT Fraud Lawsuit Alleges Overconcentration and Misrepresentations

Shepherd Smith Edwards and Kantas REIT Fraud Attorneys (investorlawyers.com) is representing an investor who entrusted his retirement savings to Independent Financial Group and one of its brokers.

Unfortunately, instead of receiving prudent investing advice, the respondent unsuitably recommended investment products that were too risky, such as Moody National REIT II, which is a non-traded real estate investment trust. This kind of privately traded real estate venture is particularly bad for retirees looking to take on low-to-no risk. Now, our client is seeking up to six figures in damages for the financial losses he suffered.

Florida Investor Sues J Alden Associates Over RAD Diversified Losses. Our Non-Traded REIT Fraud Attorneys Are Representing This Claimant In Her Six-Figure Lawsuit

Shepherd Smith Edwards and Kantas REIT Fraud Attorneys (investorlawyers.com) are representing an investor who is seeking up to $500K in damages from broker-dealer J Alden Associates. This claimant is an older novice investor and a soon-to-be retiree with health issues. We believe that her J Alden broker Nathan Daniel Goad unsuitably recommended too risky products, including RAD Diversified and Key Capital while overconcentrating her portfolio. Goad is also a Florida investment adviser with the Alden Investment Group.

In her FINRA lawsuit, our client is alleging unsuitable investment recommendations, misrepresentations and omissions, failure to supervise, excessive concentration, negligence, gross negligence, breach of contract, and more. She contends that she made it clear about not wanting to take on any undue risk and needed safety. Meanwhile, her J Alden broker purportedly told her the accounts would be structured prudently to satisfy her investment goals. Instead, her money ended up in risky, unproven, illiquid investments that tied up the majority of her assets. These were investments that paid high commissions to this financial advisor.