The company known as Strategic Student Senior Housing Trust Inc., which is based in Irvine, California, is in the business of owning and managing places where students and seniors live. This company, which doesn't trade its shares on the usual stock exchanges, had plans to make money and grow by investing in these very specific […]

National Securities Corp Clients Allege Unsuitable Transactions By Securities Broker Shaun Stein According to FINRA BrokerCheck, investors challenged the sales practices of securities broker Shaun Evan Stein (CRD#: 4873578, Jersey City, New Jersey). Evidently, Stein worked for JP Turner Company LLC and National Securities Corporation. The investment disputes reported on BrokerCheck concern his actions at […]

Soreide Law Group, a Securities Arbitration Law Firm, (888) 760-6552, obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, July, 2013.” Debra Kay Littlefield (CRD #2312877, Registered Representative, Inman, South Carolina) was fined $5,000 and suspended from association with any FINRA member in any capacity for two months. Without admitting or […]

FINRA, the Financial Industry Regulatory Authority, will soon publish the latest in a series of warnings to investors, this time about the risks of alternative securities. Richard Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority, told Reuters reporters and editors attending Reuters Global Wealth Management Summit that low interest rates and worries […]

In an article in the Wall Street Journal, Feb. 11, 2013, Matthew Heimer writes that ever since the Federal Reserve started pushing interest rates to new lows, it’s been a common theme for retirees and other conservative investors accepting more risk to get a decent income from their portfolios. Last week LPL Financial Holdings agreed […]

Recently, InvestmentNews.com did an analysis of eight of the largest nontraded real estate investment trusts (REITs). They found that these REITs have lost $11.3 billion, or 37% of their equity value, over the past seven years. On August 14th., CNL Lifestyle Properties Inc., which initially raised $2.7 billion at $10 a share, became the latest […]

Soreide Law Group, PLLC, and Securities Attorney Lars K. Soreide, are investigating James J. Albright, Jr., and Sagepoint Financial, Inc., previously known as AIG Financial Advisers, of Manitowoc, Wisconsin. The alleged claims are based on Albright’s recommendations to his clients to purchase unsuitable, risky and illiquid non-traded real estate investment trusts (“REITs”). Due to the result of Albright’s alleged sales practices, his […]

Today, in a Wall Street Journal article, Craig Karmin writes that the Securities and Exchange Commission (SEC), is currently investigating an $11 billion real-estate company for potential violations of federal securities laws, looking at the business of real estate investment trusts that aren't traded on exchanges. They are looking at the activity of Inland American Real Estate Trust to […]

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 […]