Search Results: non traded reits

Income distributions suspended? Another Big Loss for Non-traded REITs and for Investors in NorthStar Healthcare Income, Inc.

Jun 26, 2019

NORTHSTAR HEALTHCARE INCOME, INC IS THE LATEST IN A LONG LINE OF PROBLEM REITs ACCORDING TO VERNON LITIGATION GROUP NorthStar Healthcare Income Inc., (NorthStar Healthcare) is the latest in a long line of troubled Non-Traded REITs.  Vernon Litigation Group has been suing brokerage firms for decades over these types of products and has recovered millions of dollars for investors in Non-Traded REITs and even held owners of brokerage firms personally […]

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Investor Should Beware of Brokers Pushing non-traded REITs

May 26, 2014

Billions of dollars are pouring into the coffers of non-traded REITs thanks to fat commissions and even kick back schemes offered to the brokers and firms hawking them. At Vernon Litigation Group, we’ve cautioned investors about the dangers of these high-risk and mostly illiquid investments and reported that securities regulators are increasingly alarmed at the tactics used to sell these products to retail investors. Misrepresentations about these REIT products, which aren’t publicly traded on a […]

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Vernon Litigation Group and Dovin Malkin Ficken Team File Another Claim for the Improper Sale of Non-traded REITs and other Illiquid Investments in a $440,000 Investment Account

May 28, 2013

The law firms of Vernon Litigation Group and Dovin, Malkin & Ficken have once again filed an arbitration claim against ProEquities, Inc. for the inappropriate sale of non-traded REITs and other illiquid and speculative investments to a Minnesota couple.  The claim was filed on the heels of penalties announced by the state of Massachusetts against Ameriprise Financial, Royal Alliance Associates, Commonwealth Financial Network, and Securities America for the improper sale and other compliance related issues of non-traded REITs […]

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Vernon Litigation Group and Dovin Malkin Team File Another Claim on Behalf of Florida Retirees Who Were Improperly Sold Non-Traded REITs

Aug 27, 2012

Naples, Fla. — Paul Larsen, a former VSR Financial Services financial advisor, violated the law and FINRA regulatory rules in deceptively selling non-traded REITs and other alternative investments to a retired Florida couple living in an assisted living community, according to a claim filed last week by the law firms of Vernon Litigation Group and Dovin Malkin and Ficken. After meeting VSR financial advisor Paul Larsen at their Fort Myers, […]

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