Monthly Archives: December 2017

Investor Alert – JHFG Multifamily Opportunity Fund LLC 

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JHFG Multifamily Opportunity Fund LLC JHFG Multifamily Opportunity Fund LLC – Securities Investigation

The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended high risk private placement investments such as JHFG Multifamily Opportunity Fund LLC to investors.

JHFG Multifamily Opportunity Fund LLC is a limited liability company organized in 2010 in Newport Beach, CA, according to a Form-D filed with the SEC.  The entity is sponsored by JH Financial Group.

Are Alternative Investments Suitable for you?

JHFG Multifamily Opportunity Fund LLC, and other limited liability companies, generally involve a much greater risk compared to traditional investments, such as stocks, bonds or mutual funds. Interests in limited liability companies (LLC) are often sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.

Additionally, some brokers may have downplayed the risks associated with alternative investments and misled investors into thinking that they are “safe” investment products.

The high sales commission brokers earn for selling interests in limited liability companies may have provided some brokers with enough incentive to push the product to unsuspecting investors.

Broker dealers are required to perform adequate due diligence on all investment recommendations. They must ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.

If your financial advisor makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.

FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.

Free Consultation

Are you concerned about your investment in JHFG Multifamily Opportunity Fund LLC or another private placement investment? If so, the attorneys at The White Law Group may be able to help you.

For a free consultation with a securities attorney, please contact The White Law Group at 1-888-637-5510.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.

 

 

KBS REIT – Securities Investigation – Final Liquidation

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KBS REITKBS REIT – Dissolution of the Company

Did you lose money investing in KBS REIT at the advice of your financial advisor? If so, the securities attorneys may be able to help you.

The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) including KBS REIT.

KBS Real Estate Investment Trust, Inc., publicly registered non-traded REIT, went effective in January 2006 and closed its offering in May 2008 after raising $1.7 billion in investor equity.

Stockholders of KBS REIT approved a plan of complete liquidation and dissolution of the company in January 2017, according to SEC filings.

According to SEC filings last week, the board of KBS REIT authorized a $2.40 per share liquidating distribution to the company’s stockholders of record on December 14, 2017. The distribution is expected to be paid this week and will be funded from proceeds from asset sales.

As a result of the distribution, the board approved an estimated value of $0.00 per share for the company’s common stock, effective December 14, 2017.

The Trouble with Non-Traded REITs

KBS REIT is a non-traded REIT. These investments are complex and inherently risky products.

Broker dealers are required to ensure that their recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience. They are also required to inform clients of the risks associated with investment recommendations. Firms that fail to do so may be held responsible for any losses through FINRA Arbitration.

FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.

Lack of liquidity can also be a problem for many investors.  Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.

If you are concerned about investment losses in KBS REIT or another non-traded REIT, you may be able to recover your losses. Please call The White Law Group at 1-888-637-5510 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on The White Law Group, please visit www.whitesecuritieslaw.com.