Soreide Law Group Files Lawsuit Against TRIAD ADVISORS LLC

Soreide Law Group filed a FINRA arbitration on behalf of our clients (Claimants) against:
TRIAD ADVISORS LLC (Respondent)
The Claimants reside in New Jersey and at all times relevant maintained accounts with TRIAD ADVISORS, a member of FINRA, with offices around the country.
The lawsuit alleges that the Claimants bring this claim to recover the losses due to conduct of the Respondent.
Allegedly, TRIAD ADVISORS solicited the Claimants to invest in a non-traded REIT called Northstar Healthcare REIT. Allegedly, TRIAD ADVISORS failed to adequately advise the Claimants regarding the risk of the recommendation, and the high commissions the Respondent received for selling the REIT. Northstar Healthcare REIT has suspended dividends and cannot be liquidated on the market.
The Claimant, the lawsuit alleges, has suffered significant damages of at least $99,000 during a time when the financial markets have enjoyed record returns. 
The lawsuit is alleging: negligent supervision, breach of fiduciary duty, violation of FINRA rules, breach of contract and negligence.
The Financial Industry Regulatory Authority, Inc., also known as FINRA, operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute. The resolution of problems and disputes is accomplished through two non-judicial proceedings: arbitration and mediation.
Arbitration and mediation are two distinct ways of resolving securities and business disputes between and among investors, brokerage firms and individual brokers. According to FINRA’s website, in 2017, through their vigilance, FINRA brought 1,369 disciplinary actions against registered brokers and firms. FINRA levied $64.9 million in fines and ordered $66.8 million in restitution to harmed investors. FINRA also referred more than 850 fraud and insider trading cases to the SEC and other agencies for litigation and prosecution.
If you or a family member have experienced financial losses due to TRIAD ADVISORS LLC , contact Soreide Law Group and speak to an experienced securities lawyer at no cost to you, regarding the possible recovery of your investment losses through a FINRA arbitration at:  888-760-6552. 
Soreide Law Group represents clients nationally before FINRA.  We operate on a contingency fee basis—no fee if no recovery.