Investigation of ARC Global Trust II Merger with Global Net Lease (GNL)
Have you suffered losses investing in ARC Global Trust II? If so, The White Law Group may be able to help.
As we told you in August, (ARC Global Trust II: Merger Leads to Loss for Investors), American Realty Capital Global Trust II, Inc. recently announced that its Board of Directors unanimously approved a definitive agreement to merge with Global Net Lease, Inc. (“GNL”) to create a premier, global, single-tenant net lease REIT with a pro forma enterprise value of $3.3 billion.
Investors originally paid $25 per share for ARC Global Trust II, which had its initial public offering from August 2014 to last November. That’s when the wholesaling broker-dealer, Realty Capital Securities, was charged with proxy fraud by the Massachusetts Securities Division and AR Global products ceased to be sold, according to reports.
Last week, Global Net Lease’s (GNL) CEO Scott Bowman reported during the Q3 2016 Earnings Summary, “… I’m happy to announce that on November 8, we received SEC approval to go effective with the merger proxy statement for acquisition of American Realty Capital Global Trust II or Global Trust II.”
The White Law Group is investigating potential securities fraud claims involving broker-dealers’ improper recommendation that some investors purchase high-risk alternative investments like ARC Global Trust II. Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives.
Recovery of Investment Losses
If you suffered losses investing in ARC Global Trust II and would like a free consultation with a securities attorney, please call The White Law Group at (888) 637-5510.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.Tags: American Realty Capital Global Trust II investigation, American Realty Capital Global Trust II lawsuit, American Realty Capital Global Trust II lawyer, American Realty Capital Global Trust II losses, American Realty Capital Global Trust II merger, ARC Global Trust II class action, ARC Global Trust II complaint, ARC Global Trust II Global Net Lease, ARC Global Trust II investigation, ARC Global Trust II lawsuit, ARC Global Trust II losses, ARC Global Trust II merger, ARC Global Trust II performance, ARC Global Trust II price, ARC Global Trust II returns, ARC Global Trust II reviews, ARC Global Trust II risks, ARC Global Trust II value, Global Net Lease class action, Global Net Lease information, Global Net Lease investigation, Global Net Lease lawsuit, Global Net Lease litigation, Global Net Lease merger, Global Net Lease reviews Last modified: December 5, 2022