The White Law Group is investigating possible securities fraud claims involving Morgan Stanley’s multi-billion dollar real estate investment funds.
Specifically, we are investigating whether Morgan Stanley misled investors about the strategy of its real estate funds, the value of the underlying holdings in these funds, and the value of the funds prior to Morgan Stanley’s recent announcement of staggering losses. One fund, labeled MSREF VI, reportedly lost $5.4 billion (nearly two-thirds of the fund’s entire assets). Other Morgan Stanley real estate funds include MSREF I, MSREF II, MSREF III Domestic, MSREF IV and MSREF V and MSREF VII.
Not only has Morgan Stanley’s funds suffered staggering losses, but Morgan Stanley reportedly paid itself hefty fees including $104 million in “transaction fees,” $22 million in “fund-management fees,” $13 million in “financing fees,” $36 million in “real-estate management fees,” and $21 million in “financial advisory fees.”
If you have any information that may assist The White Law Group in its investigation, please contact our Chicago office at 312-238-9650.
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 Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.
Tags: Boca Raton, broker fraud, Chicago, financial advisory fees, FINRA, Florida, fund-management fees, Illinois, investment funds, investment losses, investor protection, misrepresentation, Morgan Stanley, MSREF I, MSREF II, MSREF III Domestic, MSREF IV and MSREF V, MSREF VII, NASD, real estate, real estate investment funds, SEC, Securities Attorney, Securities Lawyer, The White Law Group, transaction fees Last modified: December 2, 2022