Soreide Law Group is currently investigating claims from investors who have experienced financial losses due to the recommendations of their broker/dealers or financial advisors in the purchase of shares of the non-traded Real Estate Investment Trust (non-traded REIT), Watermark Lodging Trust. On April 13, 2020, Carey Watermark Investors 1 and Carey Watermark Investors 2 merged […]

Broker Clement Chichester Targeted In Disputes About Alternative Investments The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of misconduct by securities broker Clement Chichester (CRD#: 1255275, Westlake Village, California). It appears that three or more investors complained about Chichester, who worked for Western International Securities from 2012 to 2017 when the firm disaffiliated with […]

Investors Dispute CFS Broker Jacqueline Hanson's Sales Practices Investor Alert! Soreide Law Group is investigating possible investor lawsuits to be brought against securities broker Jacqueline L. Hanson (CRD#: 2903017, Newark, New Jersey). Mainly, the Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of sales practice violations by Hanson, who worked for CUSO Financial Services (“CFS”) […]

Losses By Investing In Oaktree REIT? Soreide Law Group is reviewing potential complaints or lawsuits against financial advisors who might have recommended Oaktree Real Estate Investment Trust (Oaktree REIT). Notably, Oaktree REIT is a risky, non-traded real estate security which might be inappropriate for certain investors’ investment portfolios. Here’s more about the REIT and what […]

Broker Dean Nowak Under Fire For Bad Advice At Taylor Capital Management Investor Alert! Soreide Law Group provides this update in regard to a problem securities broker by the name of Dean R. Nowak (CRD#: 1091819, Winter Park, Florida). Notably, FINRA BrokerCheck shows that the securities broker, who worked for Taylor Capital Management and Newbridge […]

Investors Of Hines Global REIT (HGR Liquidating Trust) Possibly Suffered Big Losses As a non-listed real estate investment trust (REIT), Hines Global REIT owned and managed a domestic and foreign real estate portfolio. The company, created in 2009, at one point owned 45 real estate related investments or properties in places like the United States, […]

LPL Financial's Nicholas Travascio Allegedly Recommended Unsuitable REITs Investors are voicing complaints and serious concerns in regard to Nicholas Travascio [CRD#: 2581756, Hurst, Texas]. Supposedly, the securities broker, who worked for LPL Financial between May 1999 and December 2018, discloses 3 investor disputes on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck. Namely, LPL Financial clients indicate […]

MERCER HICKS (MERCER HICKS III, TOBY MERCER HICKS III, TOBY HICKS III) CRD# 245170, was recently named in a complaint filed by the Financial Industry Regulatory Authority’s Department of Enforcement, alleging that Hicks made unsuitable recommendations to five of his senior clients, including three widows, and made high-risk investments that violated FINRA rules and cost […]

Did Your Broker Or Advisor Sell You SMARTSTOP SELF STORAGE REIT? Soreide Law Group is reviewing possible investor claims against brokers or financial advisors who may have inappropriately recommended SmartStop Self Storage REIT Inc. (f/k/a Strategic Storage Trust II). Evidently, the board of directors of this non-traded REIT, which focuses on “stabilized self-storage facilities and […]