Recovery of Investment losses in Griffin Capital Palomar Investors LLC Tenants in Common
The White Law Group is investigating potential securities fraud claims on behalf of investors involving TICs (Tenants in Common). If your broker-dealer recommended that you purchase a risky TIC investment, such as Griffin Capital Palomar Investors LLC Tenants in Common, you may be able to recover your losses through FINRA arbitration.
According to its Form D SEC filing, Griffin Capital Corporation applied for Griffin Capital Palomar Investors LLC Tenants in Common in El Segundo, CA. The Form D was filed in 2007.
Griffin Capital Palomar Investors LLC Tenants in Common is a TIC. A TIC investment is defined as a property that is sold to multiple investors who then own fractional interests in the property as co-owners. The co-owners enjoy their share of the “pro rata” share of the net income (or expenses), appreciation, and share of the proceeds at the sale of the property. Tenants in common investors are not involved in the day to day management of the property but do retain certain other rights regarding the management of the property.
It’s important to understand the potential risks, costs, and advantages of a TIC, such as Griffin Capital Palomar Investors LLC Tenants in Common, before investing. Generally offered as a 1031 exchange tax deferral, financial professionals often misrepresent the risks and benefits of these investments. Moreover, the investments are often marketed to conservative and retired investors. TIC investments also typically pay a high commission, sometimes more than 10%, which may explain another reason a financial advisor may recommend clients to invest in them.
Is a TIC investment suitable for you?
The financial advisor should ensure that the investment that is being recommended is suitable for their clients. Liquidity needs, time horizon, risk tolerance, age, income, are just a few categories an advisor should take into account prior to recommending any investment. The brokerage firm must ensure that due diligence was completed at every level of each investment.
Recovery of Investment Losses
If you have suffered losses investing in Griffin Capital Palomar Investors LLC Tenants in Common, the securities attorneys of The White Law Group may be able to help you recover the investment losses through FINRA arbitration.
For a free consultation with a securities attorney, please call 888-637-5510.
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 Franklin, Tennessee.
For more information on the firm and its representation of investors in FINRA arbitration claims, visit https://whitesecuritieslaw.com.
Tags: Chicago securities attorney, Griffin Capital Corporation LLC class action, Griffin Capital Corporation LLC complaints, Griffin Capital Corporation LLC Direct Invest Tenants in Common, Griffin Capital Corporation LLC investigation, Griffin Capital Corporation LLC lawsuit, Griffin Capital Corporation LLC TIC losses, Griffin Capital Palomar Investors LLC Tenants in Common, Griffin Capital Palomar Investors LLC Tenants in Common bankruptcy, Griffin Capital Palomar Investors LLC Tenants in Common class action, Griffin Capital Palomar Investors LLC Tenants in Common investigation, Griffin Capital Palomar Investors LLC Tenants in Common lawsuit, Griffin Capital Palomar Investors LLC Tenants in Common losses, Griffin Capital Palomar Investors LLC Tenants in Common recovery, Griffin Capital Palomar Investors LLC Tenants in Common t complaints, securities fraud attorney, tenancy in common interest losses, Tenants in Common interest class action, Tenants in Common interest investigation, Tenants in Common interest lawsuit, Tenants in Common interest losses, TIC attorney, TIC class action, TIC complaints, TIC investigation, TIC lawsuit, TIC losses, TIC recovery options, Vero Beach securities attorney Last modified: May 4, 2017
