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Articles Posted in REIT losses

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SEC Investigates Ex-MVP American Securities Broker Mike Shustek Over REIT Investors’ Losses

Ex-Broker Mike Shustek is Accused of Fraudulently Enriching Himself and the Company Michael Vincent Shustek, an ex-MVP American Securities stockbroker and the CEO of a number of real estate investment trusts (REITs) is facing SEC charges. The ex-broker is being accused of enriching himself and The Parking REIT since 2012. …

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Benefit Street Partners Realty Trust to Merge With Capstead Mortgage Corp.

Benefit Street Partners Realty Trust Investors May Be Looking At More Losses  If you are an investor whose broker unsuitably recommended Benefit Street Partners Realty Trust, you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to recover damages.  On July 26, this publicly registered non-traded real…

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Utah Retirees Files $500K Investor Fraud Claim Over GPB & REIT Losses After Working With Triad Advisors & Broker Michael Payne

Triad Advisors and its Ex-Florida-Based Broker Placed Claimants Funds In Too Risky GPB Capital & REIT Investments   Two Utah retirees have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Triad Advisors, Inc. over losses they suffered from investing in GPB private placements and privately traded real estate investment…

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Brokers May Have Unsuitably Recommended ARC NYC REIT To Retail Investors

After American Realty Capital New York City Real Estate Investment Trust Went Public, Share Price Plunged If you are a retail investor whose broker recommended that you invest in American Realty Capital (ARC) New York City Real Estate Investment Trust (REIT), you may have grounds for an unsuitable investment recommendation…

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Another Customer Files REIT Losses Claim Against Frank Briseno III of FSC Securities and Nettworth Financial

Metairie, LA Broker Allegedly Made Unsuitable Recommendations to Retirees  If you suffered serious investment losses from working with FSC Securities Corp. stockbroker and Nettworth Financial investment advisor, Frank Briseno III, you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to recover your losses. Briseno, who is…

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Ex-Kalos Capital Broker Curtis Whipple Accused of Unsuitability & Misrepresentation Involving UDF IV

Latest FINRA Arbitration Claim Allege REIT Losses  A number of investors recently filed a customer complaint against former Kalos Capital broker, Curtis Leroy Whipple, who was with the firm out of Plymouth, Michigan until this year.  He faces allegations of unsuitability, misrepresentations, and lack of due diligence related to the…

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