In case you have encountered REIT investment losses, Halling & Cayo, S.C.’s Securities Lawyers are here to offer potential assistance in recovering your losses.
Our Securities Lawyers are currently examining potential claims against broker-dealers for recommending non-traded REIT investments, including Hospitality Investors Trust, Inc., to investors. Non-traded REITs are intricate investment products that do not trade on securities exchanges like the NYSE or Nasdaq. Consequently, these investments lack liquidity, making them highly risky for investors. In the event of adverse occurrences, investors may have no opportunity to sell their investments. Even if a buyer is eventually found in the secondary market, the sale price is often heavily discounted. Furthermore, non-traded REITs are frequently promoted with promises of returns without adequately explaining the substantial risks involved. If you were sold Hospitality Investors Trust, Inc. without your Broker adequately explaining the illiquid and highly risky nature of the investment, you may have a potential FINRA arbitration claim against your Broker for their failure to sufficiently disclose the risks prior to the sale. Broker-dealers have an obligation to conduct thorough due diligence on recommended investments and ensure their suitability for investors. Failure to meet these obligations may result in liability for any losses in a FINRA arbitration claim.
In the event that you have incurred losses by investing in Hospitality Investors Trust, Inc. and wish to consult with a securities attorney free of charge, please reach out to The Securities Lawyers at Halling & Cayo, S.C. by dialing (414) 755-5020.
David Seth Hill focuses his practice on securities litigation and commercial litigation.
Seth is a 2009 graduate of Thomas M. Cooley Law School. While in law school Seth was a legal intern for the Innocence Project. He also served as an editor of the Law Review. He received his undergraduate degree in Psychology from Montana State University in 2005.
Seth Hill is a Shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and part of its Securities Litigation team.
Attorney Hill’s practice focuses on investor’s rights and securities litigation within the FINRA arbitration forum.
Contact him at 414-271-3400 or via e-mail at DSH@hallingcayo.com to see if he can help recover funds.