Have you suffered investment losses in Inland American Real Estate Trust? If so, The White Law Group may be able to help you recover your losses through a FINRA arbitration against the brokerage firm that sold you the investment.
The White Law Group continues to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase risky REIT investments.
Real Estate Investment Trusts can be an unsuitable investment for retirees or income seeking investors due to the lack of liquidity. Furthermore, the investment itself can be unsuitably risky because it is entirely dependent on the overall health of the real estate market.
According recent SEC filings, in December 2014 a tender offer was made to repurchase shares for $5.00. Unfortunately for investors they may have trouble finding someone willing to purchase their shares for that amount. Sales of Inland American are currently listed on the secondary market for $3.62, according to Central Trade & Transfer.
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. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
If you suffered losses investing in Inland American Real Estate Trust and would like a free consultation with a securities attorney, please call The White Law Group at (312)238-9650.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.
Tags: Inland American Real Estate Trust distributions, Inland American Real Estate Trust investigation, Inland American Real Estate Trust lawsuit, Inland American Real Estate Trust news, Inland American Real Estate Trust offer, Inland American Real Estate Trust sales, Inland American Real Estate Trust secondary market, Inland American Real Estate Trust share price Last modified: July 7, 2023