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 is currently investigating claims on behalf of our clients who may have suffered losses by investing in Amidee Capital and the Inland American REITs. They are non-traded Real Estate Investment Trusts, commonly known as 'REITs', which may have liquidity and redemption risks that may have not been known to investors.    If you or a family member have sustained […]

Soreide Law Group, PLLC, has been conducting investigations into several REITs.  Cornerstone Core Properties REIT was at one time valued around $8.00 per share.  If you were an investor at that price, you have now seen that value tumble to its current approximate value of $2.25.  This non-traded Real Estate Investment Trust has suffered a […]

In an April 4th., 2012, article from InvestmentNews.com, Liz Skinner writes that brokerage firm David Lerner Associates Inc. was ordered to pay more than $3.7 million in fines and restitution for overcharging retail customers on sales of more than 1,500 municipal bonds and 1,700 collateralized-mortgage-obligation transactions. The Financial Industry Regulatory Authority Inc. (FINRA) hearing panel found the […]

Soreide Law Group, PLLC, is currently investigating the following REIT investments. If your stock broker or financial advisor recommended any of the following investments, and you sustained a significant loss of your investment. call 888-760-6552 for a free consultation. - REITS -   Medical Hospitality Group, Inc. American Realty Capital Daily Net Asset Value, Inc. ARC Retail […]

The Financial Industry Regulatory Authority (FINRA) announced that it has fined Wells Investment Securities, Inc. $300,000 for using misleading marketing materials in the sale of Wells Timberland REIT, Inc., a non-traded Real Estate Investment Trust (REIT).   It was noted that Wells was the dealer-manager and wholesaler for the public offering of Wells Timberland REIT, which […]

On October 4, 2011, the Financial Industry Regulatory Authority Inc. or FINRA,  issued an alert to investors that outlines the nontraded real estate investment trusts (REITs) features and potential drawbacks, such as high fees and a lack of liquidity. As the name suggests, nontraded REITs aren't listed on a national exchange writes Bruce Kelly for InvestmentNews.com. “Turbulence in […]