Recovery of losses in United Development Funding Land Opportunity Fund Investors LP
Did you invest in United Development Funding Land Opportunity Fund Investors LP at the recommendation of your broker and lose money? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
United Development Funding Land Opportunity Fund Investors LP is a non-traded real estate investment trust (REIT) sponsored by United Development Funding.
The White Law Group continues to investigate potential securities fraud claims against broker-dealers for improper recommendation of non-traded REIT investments such as United Development Funding Land Opportunity Fund Investors LP or United Development Funding IV.
Unfortunately for some investors limited partnerships and real estate investment trusts (REIT) sponsored by UDF were not as “safe” as their broker led them to believe.
The Trouble with Non-Traded REITs
The trouble with non-traded real estate investment trusts (REITs) like United Development Funding Land Opportunity Fund Investors LP, is that they lack liquidity and are inherently risky. Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITs are more complex and are better suited for investors that can afford to risk the total losses of their investment.
Brokers often earn extremely high sales commission selling non-traded REITs, sometimes as high as 15%. Unfortunately, the high sales commissions associated with non-traded REITs often provides some broker dealers with enough incentive to overlook suitability requirements.
In addition, brokers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor and are in line with the clients risk tolerance, age, net worth, and investment experience.
If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of United Development Funding Land Opportunity Fund Investors LP, please contact The White Law Group at (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. For more information on the firm, visit www.WhiteSecuritiesLaw.com.
Tags: Chicago securities attorney, Chicago securities lawyer, UDF class action, UDF complaints, UDF investigation, UDF lawsuit, UDF litigation, UDF losses, United Development Funding Land Opportunity Fund Investors LP distributions, United Development Funding Land Opportunity Fund Investors LP dividend program, United Development Funding Land Opportunity Fund Investors LP history, United Development Funding Land Opportunity Fund Investors LP home, United Development Funding Land Opportunity Fund Investors LP investigation, United Development Funding Land Opportunity Fund Investors LP lawsuit, United Development Funding Land Opportunity Fund Investors LP losses, United Development Funding Land Opportunity Fund Investors LP news, United Development Funding Land Opportunity Fund Investors LP performance, United Development Funding Land Opportunity Fund Investors LP price, United Development Funding Land Opportunity Fund Investors LP recovery, United Development Funding Land Opportunity Fund Investors LP reimbursement, United Development Funding Land Opportunity Fund Investors LP returns, United Development Funding Land Opportunity Fund Investors LP reviews, United Development Funding Land Opportunity Fund Investors LP sales, United Development Funding Land Opportunity Fund Investors LP secondary market, United Development Funding Land Opportunity Fund Investors LP securities fraud attorney, United Development Funding Land Opportunity Fund Investors LP share price, United Development Funding Land Opportunity Fund Investors LP update, United Development Funding Land Opportunity Fund Investors LP value, Vero Beach securities attorney, Vero Beach securities lawyer Last modified: May 25, 2017