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American Finance Trust: Changes to Share Repurchase Program

American Finance Trust Share Repurchase Program

American Finance Trust – Recovery of Investment Losses

Are you concerned about the American Finance Trust Share Repurchase Program? If so, the securities attorneys of The White Law Group may be able to help you by filing a FINRA Arbitration Claim against the brokerage firm that sold you the investment.

American Finance Trust, Inc. is a real estate investment trust launched and managed by American Financial Advisors, LLC. It invests in real estate markets of United States.

The fund invests in diversified portfolio of commercial properties comprised primarily of freestanding single-tenant properties that are net leased to investment grade and other creditworthy tenants. It was formerly known as American Realty Capital Trust V, Inc. American Finance Trust, Inc. was formed on January 22, 2013 and is based in the United States, according to Bloomberg.

Bad News for Investors: Amendments to Share Repurchase Program

On June 9, 2017, the board of directors approved certain amendments to the Company’s existing share repurchase program (SRP).

Under the updated American Finance Share Repurchase Program the company will only be honoring redemptions for death and disability claims. This new SRP will become effective on July 14, 2017.

The Trouble with Non-Traded REITs

Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITS, like American Finance Trust, are considerably more complex and involve a high degree of risk. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with REITs.

The White Law Group has represented numerous investors in claims against the brokerage firm that recommended non-traded REITs such as American Finance Trust, to these 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. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.

Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.

If you have invested in American Finance Trust and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 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 Vero Beach, Florida.

For more information on The White Law Group, visit www.whitesecuritieslaw.com.

 

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