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Written by 2:15 pm Current Investigations

KBS REIT Tender Offer from Mackenzie Capital $1.26 per/Share


Recovery of Investment Losses in KBS REIT

Are you concerned about your investment losses in KBS REIT, Inc.? 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.

The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) like KBS REIT. In those claims, the firm has alleged, among other things, that REITs were:

(1) high-risk and unsuitable for our clients given their financial needs and investment objectives

(2) that the risks of the investment were not fully disclosed to them

(3) that the brokerage firms that sold the investments failed to follow FINRA rules to perform adequate due diligence.

On May 8, MacKenzie Capital Management extended a tender offer to KBS REIT investors of just $1.26/share.

KBS REIT estimates that its Shares are now worth $2.475 per Share, but you can’t sell them on the market.

Future liquidation payouts may total just $2.27 per share. After payment of an initial liquidating distribution in March of $1.00 per share, KBS estimates that its shares are now worth between $2.27 and $2.68 per share. More bad news for investors, KBS hasn’t had funds available for ordinary redemptions since April 2009 and does not expect to have funds available to resume ordinary redemptions in the future.

REITS are Risky

Non-Traded REITs are complex products that involve a significant degree of risk and arguably unsuitable for many investors. Brokerage firms that overlooked suitability requirements or failed to disclose the risk when recommending KBS REIT to clients, may be liable for losses.

If you invested in KBS REIT or another non-traded REIT and would like to discuss your litigation options with a securities attorney, 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 Franklin, Tennessee.


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