{"id":19650,"date":"2021-04-05T09:01:05","date_gmt":"2021-04-05T14:01:05","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19650"},"modified":"2021-04-21T09:54:26","modified_gmt":"2021-04-21T14:54:26","slug":"mml-investors-services-reit-fraud-claim","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/mml-investors-services-reit-fraud-claim\/","title":{"rendered":"Georgia Retiree Files Non-Traded REIT Fraud Claim Against MML Investors Services"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Allegedly Unsuitable Recommendations Caused Senior Investor Loss of Savings<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A Brunswick, Georgia retiree has filed a Financial Industry Regulatory Authority (FINRA) arbitration case against broker-dealer MML Investors Services, LLC. The investor contends that a broker from the firm overconcentrated his IRA and a non-IRA account in CNL Lifestyle Properties, which is an illiquid, privately traded real estate investment trust (<\/span><a href=\"https:\/\/www.investorlawyers.com\/non-trade-or-privately-traded-reits.html\"><span style=\"font-weight: 400;\">non-traded REIT<\/span><\/a><span style=\"font-weight: 400;\">).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This caused him to lose a large portion of his savings. Now, the investor is alleging <\/span><a href=\"https:\/\/www.investorlawyers.com\/failure-to-supervise.html\"><span style=\"font-weight: 400;\">failure to supervise<\/span><\/a><span style=\"font-weight: 400;\">, unauthorized transactions, securities fraud, broker negligence, breach of duty, breach of contract, violation of state securities laws, and other claims.\u00a0 He is seeking up to $100K plus interest and costs.\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/mml-investors-services-reit-fraud-claim\/\"  title=\"Continue Reading Georgia Retiree Files Non-Traded REIT Fraud Claim Against MML Investors Services\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Allegedly Unsuitable Recommendations Caused Senior Investor Loss of Savings A Brunswick, Georgia retiree has filed a Financial Industry Regulatory Authority (FINRA) arbitration case against broker-dealer MML Investors Services, LLC. The investor contends that a broker from the firm overconcentrated his IRA and a non-IRA account in CNL Lifestyle Properties, which is an illiquid, privately traded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4509,3759],"tags":[3231,4541,4334],"class_list":["post-19650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mml-investors","category-reits","tag-mml-investors","tag-mml-investors-services","tag-reit-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Retiree Files REIT Fraud Claim Against MML Investors Services | SSEK Law Firm<\/title>\n<meta name=\"description\" content=\"MML Investors Services are facing a FINRA arbitration claim from a Georgia retiree over losses in a non-traded REIT. Find out more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/mml-investors-services-reit-fraud-claim\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Retiree Files REIT Fraud Claim Against MML Investors Services | SSEK Law Firm\" \/>\n<meta name=\"twitter:description\" content=\"MML Investors Services are facing a FINRA arbitration claim from a Georgia retiree over losses in a non-traded REIT. 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