Hospitality Investors Trust Real Estate Investment Trust Lawsuit
Did you invest in Hospitality Investors Trust REIT ? Stock Loss Recovery Lawyer
If you invested in Hospitality Investors Trust REIT you were recently advised that the company filed for Chapter 11 bankruptcy on May 19, 2021, and you are now facing the loss of a significant portion of your investment.
We can help you recover damages for these losses by pursuing your claim, on a contingent fee basis, in a FINRA arbitration.
Call us now or fill out the contact form at the bottom of the page and we will call you for a no charge evaluation of your case.
What kind of investment is Hospitality Investors REIT?
Hospitality Investors Trust is a non-publicly traded investment. This means it is illiquid and cannot be readily sold on any of the major exchanges, should an investor need or desire to raise cash. This type of investment is generally only suitable for experienced wealthy investors, however, due to the high commissions generated by this type of product brokers, financial advisors and brokerage firms often recommend it for the obvious reason–it generates profit for the firm and the broker.
The Securities & Exchange Commission and FINRA (The Financial Industry Regulatory Authority) have published investor alerts warning the public of the special risks associated with investing in REITs. Those risks include:
- Lack of Liquidity
- Share Value Transparency-the difficulty of valuing a non-traded investment
- Conflicts of Interest
- Front End Fees
Brokers and financial advisors have a duty to make suitable recommendations to investors. Brokerage firms are required to supervise their brokers to assure that only suitable recommendations are made to customers. A breach of this duty forms the basis of liability for investor claims. FINRA arbitration is generally much more expedient than court litigation with most cases being resolved in 12-18 months. We generally do our work on a contingent fee basis, meaning that we are only paid if we are successful.
Contact us now for a free case evaluation with an experienced securities attorney.
Florida-561 391 1900
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