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http://www.bankslawoffice.com/attention-non-traded-reit-owners-how-well-do-you-really-understand-your-investment
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Banks Law Office announces investigation of non-traded real estate investment trusts (REITs) for non-disclosure of investment risks. The investigation began shortly after an action brought by the Financial Industry Regulatory Authority (FINRA) against David Lerner & Associates (DLA) for selling non-traded REIT called Apple REIT cos. Inc. to seniors without disclosing the risks of the investment, violating federal securities laws.
Investors who were sold these non-liquidable investments may have an opportunity to recover their investments in individual cases through FINRA arbitration. If you wish to discuss this action, or have any questions concerning this notice or your rights, contact Banks Law Office toll-free at (800) 647-8130, or by email at
[email protected].