Written by 9:54 pm Blog, Securities Fraud Articles

Lightstone Value Plus REIT | Securities Investigation

Lightstone Value plus REIT investigation, Featured by Top Securities Fraud attorneys, The White Law Group

Lightstone Value Plus REIT – Investigating Claims

Have you suffered investment losses in Lightstone Value Plus REIT? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.

Non-traded REITs, like Lightstone, involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds.These types of investments are more complex, lack liquidity and therefore better suited for sophisticated and institutional investors.

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience.

Tender Offer Price may Indicate Losses for Investors

Mackenzie Capital Management has just extended a tender offer to purchase shares of Lightstone Value Plus REIT for just $6.88 per share. That’s significantly less than the original purchase price of $10.00 per share.

According to Mackenzie’s offer, “although the company redeems shares on a quarterly basis, repurchases are limited to hardship cases like the death or disability of a stockholder.”  At this point in time, the REIT has not shared if or when it plans to liquidate.

If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of Lightstone Value Plus REIT, please contact 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 Franklin, Tennessee. For more information on the firm, visit whitesecuritieslaw.com. 

 

Tags: , , , , , , , , Last modified: October 25, 2023