Virtus Student Housing Qualified LP – Securities Investigation
Concerned about your investment in Virtus Student Housing Qualified LP?
Are you concerned about your investment in Virtus Student Housing Qualified LP LLC? If so, the securities 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.
Virtus Real Estate Capital, a real estate investment firm, reportedly focuses on niche property types such as Senior Living, Medical Office, Student Housing, Workforce Housing, Self-Storage, and Education Assets.
The company filed a form D to raise capital from investors with the offering Virtus Student Housing Qualified LP in 2011. The total amount of the offering was purportedly $150,000,000.
Investments such as these are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.
The problem with private placement investments is that they typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds. ?
Filing a Complaint against your Brokerage Firm
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly recommending high-risk private placements to investors.
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 have concerns regarding your investment in Virtus Student Housing Qualified LP you may be able to file a complaint against your brokerage firm. Please call The White Law Group at 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.
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