Have you or your loved ones suffered losses as a result of purchasing Behringer Harvard Short Term Opportunity Fund I LP?
We may be able to help you recover some or all of your losses.
The Investment News recently reported that as of December 2011, investors in the Behringer Harvard Short Term Opportunity I LP (which originally sold for $10 per share) have seen the value of shares drop to just $.40 from the $6.48 value a year earlier.
According to the Investment News article, one elderly investor who had invested nearly $50,000 in this rapidly plummeting REIT from Capital Financial Services, Inc. , was inspired to contact FINRA and the Texas State Securities Board for an explanation why she had lost 96% of her investment. She complained that there was no warning of the upcoming losses or explanation therefore. According
to this investor, an elderly widow, Behringer Harvard “keeps sending me stuff that shows my money is gone.”
Interesting to note, according to article, is that the broker who sold the investment is helping this lady pursue her inquiry with the regulators. It is possible that brokers were misled by the wholesalers of these funds who convinced them to sell these products to their clients.
Many investors were convinced to purchase these investments with promises that distributions would be steady and dependable. Now distributions have ceased, net asset values are plummeting and converting the asset to cash is difficult.
If you were misled about the nature of REIT investments, you may be able to recover your losses.
If you have suffered losses in Behringer Harvard Short Term Opportunity Fund I LP, please do not hesitate to contact us .
Rex Securities Law , located in Boca Raton, FL, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
561 391 1900