Written by 3:22 pm Blog, Securities Fraud Articles

More Information on Healthcare Trust of America’s Upcoming IPO.

Healthcare Trust of America, Inc. (“HTA”) recently announced that Wells Fargo Securities, LLC will advise the Company in connection with the listing of its Class A common stock on the New York Stock Exchange (“NYSE”). Wells Fargo will help guide HTA through the listing process and position HTA for its next phase as a publicly-traded REIT.

This follows the announcement on May 17, 2012 that Healthcare Trust of America intends to list its Class A common stock on the NYSE and is expected to be listed on or around June 6, 2012.  According to the announcement, the listing is intended to provide staged, phased-in liquidity to current stockholders.

Although Healthcare Trust of America is seeking an IPO price of at least $10.10 per share, in light of Inland Western REIT’s recent IPO and the fact that the market set the share price considerably lower than Inland Western had anticipated, The White Law Group continues to monitor whether Healthcare Trust of America investors will suffer through the same problem (and experience the same losses that Inland Western REIT investors experienced).

The White Law Group is currently representing numerous non-traded REIT investors in FINRA arbitration claims against the brokerage firm that recommended the products.  If Healthcare Trust of America’s IPO results in losses for investors, these investors may be able to recover their losses by bringing claims against the brokerage firm that put them in to HTA.

Brokerage firms have a fiduciary duty to perform due diligence on any investment before recommending it to their clients and to ascertain whether the investment is appropriate for the particular client in light of the client’s age, income, net worth, and investment experience.

Given the interest that non-traded REITs offer, these investments often appeal to retired or income seeking investors.  However, due to the risks of non-traded REITs, the high commissions non-traded REITs pay to brokerage firms, and the liquidity problems these investments present, non-traded REITs like Healthcare Trust of America are often not suitable for the clients to which they are recommended.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of a risky REIT investment, please contact The White Law Group at 312-238-9650 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 Boca Raton, Florida.

For more information on The White Law Group, visit https://whitesecuritieslaw.com.  For more information on the HTA IPO, visit https://whitesecuritieslaw.com/2012/05/18/recovery-of-healthcare-trust-of-america-losses/ .

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