Real Estate Investment Trusts

FSC Securities Corp. Father and Son Financial Advisor Duo Allen McKell and Ryan McKell Accused of Non-Traded REIT Losses

Posted on Thursday, May 23rd, 2019 at 12:22 pm    

Erez Law is currently investigating FSC Securities Corp. financial advisor Allen McKell (CRD# 2494700) and Ryan McKell (CRD# 5386486) regarding investment losses. Allen McKell was registered with FSC Securities Corp. in Valencia, California since from 2013 to 2017. Ryan McKell has been registered with FSC Securities Corp. in Valencia, California since 2014. According to public […]

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NorthStar Healthcare Income REIT Stops Distributions And Investors Face Massive Losses

Posted on Tuesday, May 14th, 2019 at 3:01 pm    

Erez Law is currently investigating financial advisors across the country who recommended their clients invest in NorthStar Healthcare Income Real Estate Investment Trust (REIT), a non-traded REIT that was formed to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate. According to the website, “NorthStar Healthcare […]

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Former Voya Financial Advisors, Inc. Financial Advisor James Flynn REIT Losses

Posted on Tuesday, May 14th, 2019 at 2:49 pm    

Former Voya Financial Advisors, Inc. financial advisor James Flynn (CRD# 3082615) is alleged to recommend unsuitable REITs and illiquid investments. Flynn was registered with IFS Securities in Greenville, South Carolina from February 2017 to February 2018, when he was terminated regarding, “Client alleges trading ahead of authorization.” Previously, he was registered with Voya Financial Advisors, […]

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Former NewBridge Securities Customer Files FINRA Arbitration for GPB Capital Holdings Investment Losses

Posted on Friday, May 3rd, 2019 at 9:21 am    

In March 2019, a former client of NewBridge Securities filed a FINRA arbitration for losses sustained from GPB Capital Holdings offerings. The client was sold units of GPB Automotive Fund, L.P. as well as non-traded real estate investment trusts (REITs) that were issued by American Realty Capital. According to the claim, it is alleged that […]

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Investors Face Major Losses in Uniti Group Inc. Stocks

Posted on Friday, April 12th, 2019 at 12:42 pm    

Erez Law is currently investigating financial advisors across the country who recommended their clients invest in stocks of Uniti Group Inc. It is alleged that brokers from Raymond James and other brokerage firms across the country recommended their clients invest in Uniti. Uniti is a real estate investment trust (REIT) that focuses on the acquisition […]

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Did Former Investors Capital Financial Advisor Robert Ginsberg Recommend You Unsuitable REITs?

Posted on Tuesday, April 9th, 2019 at 12:32 pm    

Financial advisor Robert Ginsberg (CRD# 5177531) is accused of recommending unsuitable real estate investment trusts (REITs). Ginsberg has been registered with Woodbury Financial Services, Inc. in Wallingford, Connecticut since September 2016. Previously, he was registered with Investors Capital Corp. in Wallingford, Connecticut from 2008 to 2016. According to public information, a former client of Ginsberg […]

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Next Financial Group, Inc. Financial Advisor Stephen Williams Investment Losses

Posted on Thursday, December 13th, 2018 at 8:41 am    

Have you suffered investments losses due to recommendations from Next Financial Group, Inc. financial advisor Stephen Williams (CRD# 2395948)? Williams has been registered with Next Financial Group, Inc. in Madison, Alabama since 2007. Williams has been the subject of eight customer complaints between 2004 and 2018, one of which was denied, according to his CRD […]

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Woodbury Financial Services, Inc. Financial Advisor Robert Ginsberg Accused of Recommending Unsuitable REITs

Posted on Monday, November 26th, 2018 at 10:33 am    

Erez Law is currently investigating Woodbury Financial Services, Inc. financial advisor Robert Ginsberg (CRD# 5177531) regarding losses due to investments in real estate investment trusts (REITs). Ginsberg has been registered with Woodbury Financial Services, Inc. in Wallingford, Connecticut since September 2016. Previously, he was registered with Investors Capital Corp. in Wallingford, Connecticut from 2008 to […]

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FINRA Awards $1,019,211 to Investors for Unsuitable Investment Recommendations in High-Risk REITs

Posted on Monday, November 26th, 2018 at 9:25 am    

In November 2018, a FINRA arbitration panel awarded eight investors $963,836 for compensatory damages plus $5,000 in costs, $50,000 in attorneys’ fees and the $375 non-refundable filing fee, for a total award of $1,019, 211. The case was regarding unsuitable investment recommendations in three high-risk, illiquid shares in three REITs: United Mortgage Trust, United Development […]

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Warning to Investors: Centaurus Financial Financial Advisors Ricky Mantei, Cindy Chiellini and Kathy Nishnic

Posted on Monday, November 19th, 2018 at 1:08 pm    

Erez Law is currently investigating Centaurus Financial financial advisors Ricky Mantei (CRD# 1098981), Cindy Chiellini (CRD# 1015592) and Kathy Nishnic (CRD# 2499553) who are alleged to make unlawful recommendations. According to public records, a former customer of Centaurus Financial and Mantei, Chiellini and Nishnic filed a FINRA arbitration for unlawful recommendations. According to claim, the […]

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