Recovery of Investment Losses in Strategic Realty Trust
The White Law Group continues to investigate FINRA arbitration claims involving Strategic Realty Trust f/k/a TNP Strategic Retail Trust.
Unfortunately for investors it appears that many financial advisors/brokerage firms that sold REITs such as Strategic Realty Trust, may have understated or misrepresented the risks and liquidity problems.
Strategic Realty Trust is a non-traded real estate investment trust (REIT) which owns a portfolio of shopping centers that are anchored by such grocers as Publix, Kroger, and Wal-Mart. It is a non-traded REIT sponsored by Thompson National Properties, LLC and launched in 2008 as TNP Strategic Retail Trust.
Secondary Market Listing Price could Suggest Losses for investors
According to Central Trade & Transfer, a secondary market website, shares of Strategic Realty Trust are currently listed for just $4.40 per share.
Unfortunately for many investors, it appears that the secondary market price would represent a loss on their initial capital investment. The original offering price was $10.00/share.
Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration.
High commissions could be a motivating factor for unscrupulous financial advisors to sell REITs regardless of whether the investment is in line with the client’s investment objectives and profile. Moreover, the high commissions and expenses could make it difficult for many REITs to perform in line with the market.
Free Consultation with a Securities Attorney
If you invested in a Strategic Realty Trust and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 888-637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle Washington.
For more information on The White Law Group, visit http://whitesecuritieslaw.com.
Tags: Chicago FINRA attorney, Chicago investment fraud attorney, Chicago securities attorney, Chicago securities lawyer, Strategic Realty Trust current value, Strategic Realty Trust distributions, Strategic Realty Trust Inc. complaints, Strategic Realty Trust Inc. investigation, Strategic Realty Trust Inc. lawsuit, Strategic Realty Trust Inc. losses, Strategic Realty Trust Inc. news, Strategic Realty Trust Inc. recovery options, TNP Strategic Retail Trust buyback, TNP Strategic Retail Trust investigation, TNP Strategic Retail Trust lawsuit, TNP Strategic Retail Trust losses, TNP Strategic Retail Trust tender offer Last modified: December 9, 2021