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 […]

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 […]

Soreide Law Group Investigating GLOBAL NET LEASE (GNL) Investors are growing more concerned about the viability of Global Net Lease (NYSE: GNL). Apparently, GNL, which is a Triple Net Lease real estate investment trust, may not be able to continue paying its present $2.13 dividend given its substantial capital expenditures associated with a large office […]

Suffered Losses From AMERIPRISE FINANCIAL SERVICES, AFTAB AHMAD? Soreide Law Group is reviewing possible claims of unsuitability and misrepresentation against Ameriprise Financial Services, Inc. general securities representative Aftab Ahmad (CRD#: 3148243, Bethesda, Maryland). According to the FINRA BrokerCheck, at least one investor came forward with a complaint involving Ahmad. This raises allegations of Ahmad selling […]

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 […]