United Mortgage Trust Securities Fraud Investigation
Have you suffered losses investing in United Mortgage Trust? If so, the attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
United Mortgage Trust is a real estate investment trust (REIT). According to their website, “We invest in residential real estate loans. Investor funds are pooled to acquire and own these assets that might otherwise be outside the means of a typical investor. We seek to produce net interest income from our mortgage investments while maintaining strict cost controls in order to generate net income for monthly distribution to our shareholders. “Despite the positive spin of the letter, for many investors, this is just more bad news.
The White Law Group continues to investigate potential claims involving United Mortgage Trust. Specifically, the firm is investigating the liability that brokerage firms may have for improperly recommending the investment.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be appropriate in light of the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses in a FINRA arbitration claim.
If you have invested in United Mortgage Trust and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 for a free consultation.
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 Vero Beach, Florida. To learn more about The White Law Group visit www.whitesecuritieslaw.com.Tags: UMT independent audit, UMT investigation, UMT lawsuit, UMT recovery options, UMT update letter, United Mortgage Trust cash flow, United Mortgage Trust class action, United Mortgage Trust distributions, United Mortgage Trust independent audit, United Mortgage Trust investigation, United Mortgage Trust lawsuit, United Mortgage Trust litigation options, United Mortgage Trust redemption program, United Mortgage Trust reporting requirements, United Mortgage Trust status, United Mortgage Trust UDF, United Mortgage Trust update letter Last modified: June 13, 2017