FINRA Arbitration filed against Lasalle St. Securities to recover TIC investment losses

CHICAGO - March 4, 2015 - PRLog -- The claim, filed against Lasalle St. Securities, seeks recovery of investment losses of over $1,000,000.00.

The claim filed by The White Law Group was submitted on behalf of several Illinois investors and alleges claims for fraud, breach of fiduciary duty, negligence, and negligent supervision. The claim specifically alleges that the investors were unsuitably invested in a tenant in common investments and that Lasalle St. Securities only selected the investments because of the commission generated as a result of the recommendations.  The claim further alleges that Lasalle St. Securities failed to perform the proper due diligence on the investments prior to offering them for sale to its clients.

Broker-dealers have a fiduciary duty to research investments prior to recommending them for sale to its clients and to ensure that the investments in recommends are appropriate for the client in light of the clients age, investment experience, net worth, and investment objectives.

The claim involves investments in:

TSG Real Estate TIC

DBSI SouthTrust Tower

DBSI Republic Insurance Building

NNN Met Center 10

NNN Sienna Office Park 1

NNN Church Street Office Center

NNN Northmark Business Center II

NNN Satellite Building

For more information on the claim filed by The White Law Group, please contact the firm's Chicago office at 312-238-9650.

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 and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.