停车房地产投资人投资者可能能够提起FINRA诉讼

许多似乎在涉嫌非交易的REIT骗局中损失了超过50%的投资

我们的非交易房地产投资信托(非交易房地产投资信托基金)投资者损失律师are investigating The Parking REIT (now called Mobile Infrastructure Corp.) for possible investment fraud. If you are a The Parking REIT investor who would like to explore your legal options, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) 今天。

移动基础设施公司的名称更改为2021年下半年。停车位不再是房地产投资信托,也不必再向股东分配资金。

It was in July 2021 that the US Securities and Exchange Commission (SEC) filed fraud charges against The Parking REIT CEO Michael Schustek and his investment advisory firm Vestin Mortgage LLC. The regulator contends that Schustek allegedly “fraudulently enriched himself” and the Parking REIT at cost to two publicly traded REITs, Vestin Realty Mortgage I and Vestin Realty Mortgage II, which he both founded. This purportedly included channeling $29M from both of them into The Parking REIT and allegedly putting into effect “money-losing transactions” that involved six buildings being “resold” over and over.

The Commission contends that Schustek allegedly engaged in transactions that got both companies to pay him nearly $10M while purportedly misleading investors through misrepresentations and omissions.

什么是停车位?/移动基础设施?

Established in a merger of MVP REIT and MVP REIT II in 2015, The Parking REIT/ Mobile Infrastructure invests mostly in garages and parking lots in the US. Some of the key developments:

2018:停车房地产投资信托基金暂停分配和共享其共同股东的回购。这是同一年提出的1亿美元IPO,并指出它打算在纳斯达克上列为Park。此外,在2018年4月,由于内部调查涉及涉及Shustek的不当行为的指控,停车位井未提交2017年的年度报告。

2019:A stockholder filed a class action securities fraud lawsuit related to proxy statements meant to garner shareholder approval for the MVP REIT Merger that allegedly included false and misleading statements. At least two other class action cases against The Parking REIT have since been filed. Also, The Parking REIT withdrew its IPO while claiming this was in the public interest and to protect investors. It said it would use IPO proceeds to pay back about $9.1M in debt and for other uses.

2020年:停车房地产投资信托(REIT)暂停了A系列和系列1首选股票,原因是Covid-19引起的问题。REIT还停滞了计算其净资产价值(NAV)/份额)。

2021:一月份,停车房地产投资信托基金的价值下降了50%以上,宣布其中大部分将出售给Bombe Asset Management。该交易于8月完成,替代资产管理公司购买了将近155万美元的停车房地产投资信托普通股,价格为11.75美元/股。考虑到有些投资者以原始$ 25的股票购买了停车房地产投资信托基金股票,由于其流动性不足的性质,他们无法出售其股票,因此他们可能损失了超过50%的本金。

此外,巡回法院法官批准了为停车房地产投资信托股东的班级和派生诉讼的925万美元和解。这包括多达15%的流通普通股。

2022:In July, Mackenzie Realty Capital launched a tender offer to buy common stock shares for $7.25/share after a merger between Mortgage Infrastructure Trust and Mortgage Infrastructure Corporation was announced. It also offered to pay $700/share for 1 Preferred or Series A stock. The original stock offering price for this had been $1000/share.

11月,停车房地产投资信托基金宣布,净和解基金中无人认领的资金已“按比例分发”给所有合格的和解班成员。

如果您的经纪人出售您在停车位置的投资,您该怎么办:

您可以通过立即联系我们精明的REIT投资损失律师来要求免费,无义务案件评估。这是一些经纪交易商的名单,他们可能因出售我们正在调查的停车位数而获得赔偿:

  • Centaurus Financial
  • Crown Capital Securities
  • 沿海股票
  • NI Advisors
  • Great Point Capital
  • Sandlapper证bob200体育券

许多投资者在停车房地产投资信托基础/移动基础设施中遭受了巨大损失。在Shepherd Smith Edwards和Kantas,我们的经纪公司的疏忽律师发现misrepresentations and omissions可能是由将这项投资销售给客户的财务顾问制造的。同样,对于许多投资者来说,鉴于他们的风险承受能力水平,投资经验和财务目标,投资非交易的房地产投资信托基金不适合其投资组合。

It is important that you determine whether you have grounds for a Financial Industry Regulatory Authority (FINRA) lawsuit against your broker-dealer. Non-traded REITs are alternative investments that charge high commissions and fees to brokerage firms and their financial advisors. These are risky investments that can prove illiquid and may lead to significant investment losses as it appears to have done for many The Parking REIT investors who were unable to get rid of their shares and lost over 50% of their investment. Alleged conflicts of interests may also have been at play if brokerage firms unsuitably sold this non-traded REIT to customers because the former stood to earn big commissions instead of because it was in the latter’s best interests.

Filing your ownFINRAlawsuitagainst your broker-dealer, rather than joining a class action lawsuit against The Parking REIT, could maximize your chances for greater financial recovery.

Call Shepherd Smith Edwards and Kantas at(800)259-9010今天。

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