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Rex Securities Law-BLOG

Nationwide representation of victims of stockbroker fraud and the malpractice of investment professionals.

Notice to Investors with Accounts at Northern Trust Securities, Inc.

Notice to Investors with Accounts at Northern Trust Securities, Inc. 150 150 Rex Securities Law

The Financial Industry Regulatory Authority (FINRA) found that from October 2006 through October 2009, Northern Trust Securities, Inc.  failed to monitor customer accounts for potentially unsuitable levels of concentration in…

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Ameriprise- REIT Sales History & Hines REIT

Ameriprise- REIT Sales History & Hines REIT 150 150 Rex Securities Law

  In July 2009, Ameriprise Financial Services, Inc., an American Express subsidiary, was sanctioned by the Securities & Exchange Commission and ordered to pay over $17 million dollars for their…

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How Much is Your Inland Western REIT Worth Now?

How Much is Your Inland Western REIT Worth Now? 150 150 Rex Securities Law

Sometimes these things work, sometimes they don’t. The recent attempt to salvage value by way of a reverse merger of non traded REIT Inland Western Retail Real Estate Trust into…

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Invest in KBS REIT I in 2006? Time is Running Out to Bring Claim.

Invest in KBS REIT I in 2006? Time is Running Out to Bring Claim. 150 150 Rex Securities Law

On January 27, 2006, KBS Real Estate Investment Trust (KBS REIT I) launched its initial public offering. KBS I ceased offering shares in primary offering on May 30, 2008. A…

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David Lerner Fined $2.3 Million by FINRA

David Lerner Fined $2.3 Million by FINRA 150 150 Rex Securities Law

  FINRA fined David Lerner Associates, the New York based brokerage firm recently in the headlines for the sale of the Apple REITs, $2.3 million. FINRA’s ruling, which can be…

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Rex Securities Law Investigates Richard Sandru on Behalf of Victimized Investor .

Rex Securities Law Investigates Richard Sandru on Behalf of Victimized Investor . 150 150 Rex Securities Law

Rex Securities Law Investigates Richard Sandru on Behalf of Victimized Investor . UPDATE April 2013- Since the post below was published in April of 2012, our investigation has expanded substantially.…

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Non-Traded REITs–Cause for Concern?

Non-Traded REITs–Cause for Concern? 150 150 Rex Securities Law

What is a non-traded REIT?A REIT is a real estate investment trust, with certain tax advantages, that purchases and sometimes operates real estate like office buildings and shopping centers. Non-traded…

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THE DAILY TALE OF WOE FOR REITS

THE DAILY TALE OF WOE FOR REITS 150 150 Robert H. Rex

For the third day in a row, the Investment News has featured the ongoing problems with REITs (Real Estate Investment Trusts. We featured both of these prior reports, one which…

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KBS REIT I CEASES DISTRIBUTIONS-VALUE DOWN 50%

KBS REIT I CEASES DISTRIBUTIONS-VALUE DOWN 50% 150 150 Rex Securities Law

KBS Real Estate Investment Trust Inc.( KBS REIT I) just  informed investors  it is ceasing the payment of distributions to investors. This no doubt is bad news for those who…

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