Did you endure REIT investment losses? Rest assured, Halling & Cayo, S.C. has a team of Securities Lawyers who can potentially aid you in recovering your losses.
Potential claims against broker-dealers are currently being investigated by our Securities Lawyers concerning the recommendation of non-traded REIT investments, including FS Global Credit, to investors. Non-traded REITs are complex investment products that are not traded on securities exchanges such as the NYSE or Nasdaq. Consequently, these investments lack liquidity, which exposes investors to high levels of risk. Should adverse events occur, investors may find themselves without any means to sell the investment. Even if a buyer is eventually found in the secondary market, the sale price is often heavily discounted. Additionally, non-traded REITs are frequently marketed with promises of returns, without adequately explaining the substantial risks involved. If you purchased FS Global Credit without your Broker providing a proper explanation of its illiquid and highly risky nature, you may have grounds for a FINRA arbitration claim against your Broker for their failure to adequately disclose the risks prior to the sale. Broker-dealers are obligated to conduct thorough due diligence on recommended investments and ensure their suitability for investors. Failure to fulfill these obligations may result in liability for any resulting losses in a FINRA arbitration claim.
If you have experienced losses in your investments with FS Global and would like to receive a free consultation with a securities attorney, we encourage you to contact The Securities Lawyers at Halling & Cayo, S.C. at (414) 755-5020.