Investment fraud is far too common as many investors blame themselves for losses and don’t know they can recover their investment losses.
Last year RAIT Financial Trust, a Philadelphia based real estate investment trust (REIT), filed for chapter 11 bankruptcy with the motive of selling its assets to Fortress Investment Group LLC for a hefty amount of almost $175 million. Haselkorn & Thibaut is currently investigating RAIT Financial Trust for investors. Many investors reportedly incurred losses in […]
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New York City REIT, the real estate investment trust also known as American Realty Capital New York City REIT and sponsored by AR Global, listed on the New York Stock Exchange under the symbol NYC crashed 41% on the first day of trading. For the investors that purchased NYC REIT as a non-traded REIT, the
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There have been rumors swirling regarding Chesapeake Energy Corp. (CHK) preparing a potential Chapter 11 bankruptcy filing. Most recently, those rumors have now more recently included a possible missed interest payment to bondholders on at least one tranche of CHK bonds. There is approximately $9 billion in outstanding CHK 2021 unsecured notes, and a bond
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FSEP (FS Energy & Power Fund) investors have been having a rough time over the past few months after the losses that the investment company reported a $1.50/share loss for investors. There is some good news because an investigation has been launched to investigate the firm and lawyers from Haselkorn & Thibaut sided with investors
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Resource Real Estate Opportunity REIT is a risky and complex alternative investment that was a high-commission investment for the broker-dealer and financial advisors selling the products. This investment product was often marketed to individual retail investors as a non-traded real estate investment trust (REIT) and presented as safe, income-producing investments. In that process, the material
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