Have You Experienced Losses with CIP Leveraged Fund Advisors, LLC?

Soreide Law Group, PLLC, is investigating claims against brokerages who sold their clients CIP Leveraged Fund Advisors, LLC. These investments may have been misrepresented to a more conservative client, as safe or low risk. Also, it is alleged that some brokers may have over-concentrated CIP in their clients' portfolios.

CIP Leveraged Fund Advisors, LLC, also known as CIP, which stands for Cornerstone Industrial Properties, (managing partner Cornerstone Ventures) is a real estate investment fund manager for leveraged real estate investment funds. CIP also created and sold three non-traded, illiquid REITs, which may have tied their value into the performance of these funds--Cornerstone Healthcare Plus REIT (CHP), Cornerstone Healthcare Real Estate Funds (CHREF), and Meadowbrook Healthcare Properties (MHP). 

Unfortunately for investors, CIP interests are now worthless. In February, 2010, Pacific Cornerstone Capital, Inc., of which CIP is an affiliated business, and it's former CEO, Terry Roussel, were fined $750,000 for failing to provide investors with complete information on CIP Leveraged Fund Advisors, LLC. 

The following firms have sold CIP Leveraged Fund according to the SEC's Form D:

Advisory Group Equity Services, Ltd.

American Investors Company

Capital Financial Services, Inc.

Cullum & Burks Securities, Inc.

Cascade Financial Management Inc.

Pacific Cornerstone Capital, Inc.

Sammons Securities Company, LLC

Investors Capital Corp.

Equity Services, Inc.

Intervest International Equities Corporation

Private Consulting Group, Inc.

Investment Management Corporation

Royal Securities Company

Sigma Financial Corporation

USAllianz Securities, Inc.

Financial West Group

Harvest Capital LLC

Northland Securities, Inc.

Ameritas Investment Corp.

RBC Dain Rauscher Inc.