Have you suffered losses investing in Industrial Logistics Properties Trust (ILPT)? If so, the securities attorneys at the White Law Group may be able to help you.
Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust focused on owning and leasing “high quality distribution and logistics properties that serve the growing needs of e-commerce,” according to Yahoo Finance. As of March 31, 2022, ILPT’s portfolio consisted of 412 properties containing approximately 59.7 million rentable square feet located in 39 states.
According to reports, the company reported a net loss of $0.10 per share in the first quarter after its highly leveraged $3.8 B acquisition of Monmouth Real Estate Investment in February of this year.
Further, its funds from operations (FFO) reportedly fell from $0.47 to $0.42 per share in one year and has seen downgrades from several analysts. According to analyst reports, Industrial Logistics Properties Trust’s share price is hovering around $14/per share after hitting a 52-week high of nearly $29/per share last November.
Filing a Complaint against your Brokerage firm
Your financial advisor or broker may have recommended chasing yield due to rising interest rates. But these assets come with higher risks.
Brokerage firms and investment advisors are required to make investment recommendations that are suitable for their clients in light of their clients’ particular investment situation – net worth, investment objectives, income, and investment experience. Brokerage firms or advisors who fail to adequately disclose the risks of the investments can be held accountable for losses suffered through a FINRA arbitration claim.
If you have concerns regarding your investment in Industrial Logistics Properties Trust (ILPT) and would like to speak with a securities attorney about your litigation options, please call The White Law Group at (888) 637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington.
To learn more about The White Law Group visit www.whitesecuritieslaw.com.
Tags: Industrial Logistics Properties Trust (ILPT) complaints, Industrial Logistics Properties Trust (ILPT) investigation, Industrial Logistics Properties Trust (ILPT) lawsuit, Industrial Logistics Properties Trust (ILPT) losses, Industrial Logistics Properties Trust (ILPT) review, Industrial Logistics Properties Trust (ILPT) stock, Securities Attorney Last modified: July 3, 2023
