Essential Properties Realty Trust (EPRT) Securities Investigation
Have you suffered losses investing in Essential Properties Realty Trust at the advice of your financial advisor? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.
U.S. REITs have drawn down massive lines of credit as of the end of the first quarter of 2020, as much as $61.9 billion, according to FactRight, a due diligence site focused on alternative investments. Apparently, there was a huge push to gain liquidity to survive the COVID-19 global pandemic, particularly amongst retail and hotel REITs.
Essential Properties Realty Trust, Inc. engages in the acquisition, ownership, and management of single-tenant properties that are net leased on a long-term basis to middle-market companies, which operate service-oriented or experience-based businesses, according to MarketWatch.
According to S&P Global, rent collections for the month of May were down significantly for publicly traded REITs. In the case of Essential Properties Realty Trust, 65% of May rents were paid as of June 1, according to S&P Global.
Unfortunately for investors, the share price of Essential Properties Realty Trust is down -27.49% YTD, according to MarketWatch.
Aggressive financial advisors may have unsuitably recommended EPRT in an effort to chase yield. Investors who buy solely on the basis of the dividend may experience losses as the dividend is cut and the stock price declines in response.
If your financial advisor over-concentrated your portfolio, you may have a viable claim to recover your losses. Financial advisors are required to make suitable investment recommendations, accounting for your age, income, net worth, investment experience, and investment objectives. Diversification is the key to reducing risk. As such, over-concentrated exposure to any sector can be unsuitable for many investors.
Free Consultation with a Securities Attorney
If you are concerned about your investment losses in Essential Properties Realty Trust, the White Law Group may be able to help you. Please call the offices at 888-637-5510 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.
Tags: EPRT share price, Essential Properties Realty Trust (EPRT), Essential Properties Realty Trust class action lawsuit, Essential Properties Realty Trust complaints, Essential Properties Realty Trust investigation, Essential Properties Realty Trust investment loss, Essential Properties Realty Trust lawsuit, Essential Properties Realty Trust recovery options Last modified: June 16, 2020