Soreide Law Group, PLLC, is conducting an investigation into Behringer Harvard REIT I.
Earlier this year, Behringer Harvard REIT I lost two properties in Minnesota and St. Louis to foreclosure. At midyear, the company listed $3.98 billion in assets and $2.509 billion in liabilities.
There are now lawsuits stating that share values in the REIT have fallen from about $10 in the original offering to currently as little as $2.40 in the secondary market. Some of the claims in the lawsuit allege that the Behringer Harvard REIT’s officers misrepresented its financial results and prospects. Other claims in the suit state that officers charged excessive fees and “compensated themselves handsomely out of the proceeds they have raised from the offerings.”
If your stock broker or financial advisor sold you Behringer Harvard Strategic Opportunity Fund I, and you sustained a significant loss of your investment, call Securities Lawyer, Lars Soreide, at 888-760-6552 for a free consultation, or visit Soreide Law Group’s website at: https://www.securitieslawyer.com.CONTACT US