FINRA Arbitration filed against Securities America to recover TIC Losses.

CHICAGO - Aug. 16, 2013 - PRLog -- The claim, filed against Securities America, seeks recovery of investment losses of over $400,000.00.

The claim filed by The White Law Group was submitted on behalf of a Montana investor and alleges claims for fraud, breach of fiduciary duty, negligence, and negligent supervision. The claim specifically alleges that the investor was unsuitably invested in a TIC investment and that Securities America only selected the investment because of the commission generated as a result of the recommendation.  The claim further alleges that Securities America failed to perform the proper due diligence on the TIC investment prior to offering it for sale to its client.  

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 an investment in NNN Three Resource Square (“3 Resource Square”), a commercial property in North Carolina.  

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 Boca Raton, Florida.  

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.