The White Law Group is investigating potential securities fraud claims on behalf of investors involving broker-dealers recommendation that investors purchase risky investments, including Clearwater Real Estate Investment Company.
According to their website, Clearwater REI is a “full service real estate investment company” located in Eagle, Idaho that “acquires everything from raw land to institutional grade commercial real estate across the United States and structures its offerings to afford accredited investors participation in investments while managing risk.”
FINRA recently announced that it is paying close attention to the sale of real estate investments by financial advisors and broker-dealers, and, in particular, the ways in which broker/dealers marketed and sold the products to investors.
Real estate investments typically pay a high commission – often as much as 15% (which may, in some cases, explain the broker’s motivation in recommending the real estate investment to the investor).
In light of FINRA’s recent concern about real estate investments sold by brokerage firms, The White Law Group is currently looking into what representations were made with respect to the Clearwater REI investment.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of a risky investment, please contact The White Law Group at 312-238-9650.
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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 Boca Raton, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.