The White Law Group is investigating potential claims against the broker dealers that sold high risk investments, like Griffin-American Healthcare REIT III, onto unsuspecting investors.
Griffin-American Healthcare REIT III is a publicly registered, non-traded real estate investment trust (REIT). The REIT is sponsored by American Healthcare Investors and Griffin Capital Company, LLC.
According to Central Trade & Transfer, a secondary market for private placements, shares of Griffin-American Healthcare REIT III interests are currently listed for just $8.02/share. The original offering price for the units is $10.00/share.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be appropriate in light of the investor’s age, risk tolerance, net worth, and investment experience.
If your broker fails to adequately disclose risks or makes unsuitable investment recommendations, they can be held liable for investment losses in a FINRA arbitration claim.
For more information on the firm’s investigation in potential claims, please visit Griffin-American Healthcare REIT III Secondary Market Listing.
If you have invested in Griffin-American Healthcare REIT III and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida. To learn more about The White Law Group visit www.whitesecuritieslaw.com.