Annaly Capital – Mortgage REITs see Steep Decline amid Coronavirus Turmoil
Have you suffered losses investing in a Mortgage REIT such as Annaly Capital? If so, the securities attorneys at The White Law group may be able to help you to recover your losses through FINRA Arbitration.
Shares of mortgage real-estate investment trusts declined sharply last Wednesday, according to the Wall Street Journal, reflecting growing concerns about firms that “use borrowed money to juice returns at a time when funding markets are in turmoil.”
Annaly Capital Management, Inc. engages in the investment and financing of residential and commercial assets, according to Market Watch. It operates through the following investment groups: Agency, Residential Credit, Commercial Credit, and Middle Market Lending. The Agency group reportedly invests in agency mortgage-backed securities.
Unfortunately for investors, shares of Annaly Capital are down -39.18% in the past month.
Recovery of Investment Losses
The White Law Group is investigating FINRA arbitration claims involving broker dealers who may have improperly recommended mortgage REITs to investors.
Brokerage firms are required to perform due diligence on any investment they recommend, including mortgage REITs. They must ensure that the investment is suitable for a particular investor in light of that investor’s age, investment objectives, income, net worth, and investment experience. Given the current risk of devaluation of these REITs, such investments are likely only suitable for wealthy and/or sophisticated investors.
If you have suffered losses in a mortgage REIT such as Annaly Capital, please call the securities attorneys of The White Law Group 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 firm, please visit https://whitesecuritieslaw.com.
Tags: ALY investment losses, Annaly Capital class action, Annaly Capital complaint, Annaly Capital lawsuit, Annaly Capital losses, Annaly Capital mortgage reit, Annaly Capital recovery options Last modified: March 25, 2020