Soreide Law Group, a Securities Arbitration Law Firm, is investigating claims against broker/dealers who sold Behringer Harvard Strategic Opportunity Fund I. InvestmentNews reported, that the Strategic Opportunity Fund I was "underwater," meaning that it is now worthless. InvestmentNews added that “its liabilities are greater than its assets.”
The Behringer Harvard Strategic Opportunity Fund I, first offered in 2005, raised $65 million and was involved in investing in six properties. Among these properties were a Los Angeles hotel, and an office building in Amsterdam. Behringer Harvard Opportunity REIT I saw its value decline 46% at the end of 2011 to $4.12 a share, from $7.66 one year earlier. In June, 2012, one property in the REIT went into bankruptcy protection.
If you were an investor who purchased Behringer Harvard Strategic Opportunity Fund I at the recommendation of your broker/dealer who told you that it was a safe, low risk investment, and placed a substantial portion of your portfolio in this very risky investment, you may be able to recover your losses of Behringer Harvard Strategic Opportunity Fund I. For a free consultation on how to potentially recover your losses, and to speak directly with an attorney call Soreide Law Group at 888-760-6552.
Soreide Law Group is investigating potential investor claims involving sales practice violations by securities brokers and financial advisors related specifically to Next Level Holdings LLC and its affiliated Yield Wealth investment products. These offerings—including Next Level Notes and Yield Term Deposits—were promoted as high-yield, income-generating investments with purported principal protection. However, significant adverse information has […]
Investors have reportedly disputed the sales practices of securities broker David Robert McCain [CRD: 2039283, Johnson City, Tennessee], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McCain worked for Woodbury Financial Services Inc. from September 4, 2009, to January 19, 2024, Osaic Wealth Inc. from January 19, 2024, to August 22, 2024, and […]
Investors apparently complained about securities broker Ian Christopher McElreath [CRD: 4754189, Atlanta, Georgia], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McElreath worked for Ameritas Investment Company LLC from November 26, 2019, to April 6, 2021; 20/20 Capital Management, Inc from January 17, 2020, to April 20, 2021; Emerson Equity […]
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