TPG RE Finance Trust (TRTX) – Mortgage REITs see Steep Decline amid Coronavirus Turmoil
Concerned about your investment In TPG RE Finance Trust?
Have you suffered losses investing in a Mortgage REIT such as TPG RE Finance Trust? If so, the securities attorneys at The White Law group may be able to help you to recover your losses through FINRA Arbitration.
Shares of mortgage real-estate investment trusts have declined sharply, according to the Wall Street Journal, reflecting growing concerns about firms that “use borrowed money to juice returns at a time when funding markets are in turmoil.”
According to reports on March 24, TPG RE Finance Trust announced that it had still been able to meet margin calls by posting cash collateral, but there would be a delay in paying its previously announced dividend. The REIT reportedly claims it doesn’t believe it would be able to meet future calls.
Unfortunately for investors, TPG RE’s shares are reportedly down -79.03% YTD.
Recovery of Investment Losses
The White Law Group is investigating FINRA arbitration claims involving broker dealers who may have improperly recommended mortgage REITs to investors.
Brokerage firms are required to perform due diligence on any investment they recommend, including mortgage REITs. They must ensure that the investment is suitable for a particular investor in light of that investor’s age, investment objectives, income, net worth, and investment experience. Given the current risk of devaluation of these REITs, such investments are likely only suitable for wealthy and/or sophisticated investors.
If you have suffered losses in a mortgage REIT such as TPG RE Finance Trust, please call the securities attorneys of The White Law Group at (888)637-5510 for a free consultation.
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 firm, please visit https://whitesecuritieslaw.com.
Tags: TPG RE Finance Trust class action, TPG RE Finance Trust complaint, TPG RE Finance Trust investment losses, TPG RE Finance Trust lawsuit, TPG RE Finance Trust recovery, TPG RE Finance Trust share price, TRTX class action lawsuit, TRTX decline Last modified: April 1, 2020