Yes. There are a number of class-action lawsuits against certain non-traded REITs. If your investment is substantial, you may want to file an individual claim against the non-traded REIT. However, many investors and investor’s rights attorneys believe the average investor’s best opportunity for recovery is to file a FINRA Arbitration claim against the brokerage firm that supervised the advisor who sold the non-traded REIT investment. Since every case is different, investors should consider speaking with an attorney to determine whether they have a possible way to recover losses caused by their investment in non-traded REITs.
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