Have you suffered investment losses in Lightstone Value Plus REIT II? If so, The White Law Group may be able to help you recover your losses through FINRA arbitration.
The White Law Group is investigating potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase high-risk non-traded REIT investments, like Lightstone Value Plus REIT II. Many investors are not fully aware of the problems and risks associated with these investments before purchasing them.
Real estate investment trusts (REITs) are complex and inherently risky products. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are significantly more complex and often better suited for sophisticated and institutional investors.
Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs – as high as 15%. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations.
In addition to the high risks, non-traded REITs, like Lightstone Value Plus REIT II often lack liquidity. Investors looking to sell these investments often have difficulty finding a buyer, and if they are able to find one can suffer significant losses on the sale.
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. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.
If you suffered losses investing in Lightstone Value Plus REIT II 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: Lightstone Value Plus REIT II complaint, Lightstone Value Plus REIT II distributions, Lightstone Value Plus REIT II information, Lightstone Value Plus REIT II investigation, Lightstone Value Plus REIT II lawsuit, Lightstone Value Plus REIT II losses, Lightstone Value Plus REIT II news, Lightstone Value Plus REIT II performance, Lightstone Value Plus REIT II recovery, Lightstone Value Plus REIT II redemptions, Lightstone Value Plus REIT II secondary market, Lightstone Value Plus REIT II value Last modified: July 17, 2015