Posts Tagged ‘REIT Fraud’
Crown Capital Securities pays over $250,000 to investor for REIT investments
Fitapelli Kurta is interested in speaking to investors who have complaints regarding Crown Capital Securities or the following REITs: Grubb & Ellis Healthcare REIT, G-REIT, USA Self Storage REIT, CNL Senior Housing REIT, NNN Value Fund REIT, Inland Western REIT or Inland American REIT.
Read MoreAmerican Realty Capital REIT auditor resigns without explanation
According to a recent article in InvestmentNews, Grant Thornton, one of the world’s leading auditing firms, has resigned from eight Real Estate Investment Trusts (REITs) all of which are managed by Nicholas Schorsch, including American Realty Capital. Grant Thornton gave no reason or explanation for this resignations.
Read MoreInvestor warning: American Realty Capital REITs are a sinking ship
November 12, 2014, New York: The nationally renowned securities and investment fraud law firm, Fitapelli Kurta, is continuing its investigation into American Realty Capital Real Estate Investment Trusts (REITs). The firm is interested in hearing from investors who have lost money investing in American Realty Capital and is looking to pursue claims against broker-dealer firms who recommended American Realty Capital.
Read MoreThomas David Sharp, former Ameriprise broker, sanctioned for misleading REIT emails
On July 2, 2014 Thomas David Sharp was fined 5,000 and suspended for 10 business days for sending misleading emails regarding Real Estate Investment Trusts (REITs).
Read MoreGlobal Brokerage’s Robert McKoy mislead customers about REITs
On September 19, 2014, the Financial Industry Regulatory Authority (FINRA) suspended current Global Brokerage Services stockbroker, Robert McKoy, for four months and fined Robert McKoy $10,000.
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