Lodging Fund REIT III Investigating Potential Lawsuits
Are you concerned about your investment in Lodging Fund REIT III? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Lodging Fund REIT III was reportedly formed in April 2018 to invest in limited-service, select-service and extended stay hotel properties located in the geographic area from North Dakota to Texas and the Appalachian Mountains to the Rocky Mountains.
The White Law Group is investigating potential securities claims involving FINRA registered brokerage firms who may have unsuitably recommended alternative investments such as Lodging Fund REIT III REITs to investors.
These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors. They often have high fees and sales commissions, making them an attractive product for financial advisors to sell.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Despite the risks of investing in this type of alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
Free Consultation with a Securities Attorney
If you are concerned about your investment in Lodging Fund REIT III, The White Law Group may be able to help. Please call 888-637-5510 for a free consultation with a securities attorney.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit?https://www.whitesecuritieslaw.com.
Tags: finra lawsuit, high commissions, Lodging Fund REIT III class action lawsuit, Lodging Fund REIT III complaints, Lodging Fund REIT III I distributions, Lodging Fund REIT III investigation, securities investigation, unsuitable investment advice Lodging Fund REIT III lawsuits Last modified: March 20, 2020