SAN FRANCISCO, CA, July 18, 2013 /24-7PressRelease/
-- The FINRA case numbers include: #13-00414, #13-00637, #13-00516, and #12-01016.
TIC investments are often presented by financial advisors as involving minimal risk and great benefits for retirees. However, Bradley asserts that TIC investments are actually incredibly risky. If financial advisors recommend these investments to clients without discussing their risks, the advisors can potentially be held liable for their clients' losses.
"Investors who invested in TIC funds may not have been told by their broker of the greater risks associated with these illiquid investments, and that the investments were unsuitable," says Attorney Bradley. "My clients were not told of the inherent risks of the TIC investments, and I have filed several FINRA arbitration claims against the brokerage firms which sold the TICs. Investors should act quickly to protect their legal rights, as certain claims may be barred by the passage of time."
According to Bradley, some of the most common facts about TIC investments that brokers fail to disclose include: (1) that TIC commissions and fees usually outweigh any possible tax benefits, (2) that TICs violate the most important principle of sound investing - to diversify, (3) that TICs are not suitable for retirees, because they have no secondary market and essentially "lock" investors into their investment regardless of their needs, (5) that TIC income projections are frequently misleading since they are based on unrealistic assumptions of low vacancy and increasing leasing rates, and finally, (6) that TIC investors often pay far more than the current fair market value for TIC properties in order to cover the cost of the commissions and fees.
TIC investors who believe they have lost money because of their broker's failure to discuss this important information can obtain a free confidential case evaluation with Thomas C. Bradley.
About The Law Office of Thomas C. Bradley
Thomas C. Bradley has over 25 years of experience providing powerful legal representation for victims of securities fraud and financial misconduct. As a Certified Arbitrator for FINRA, Attorney Bradley is qualified to help resolve investors' claims of broker misconduct, and has a proven track record of recovering large amounts of stock market losses caused by financial misconduct.
Attorney Thomas Bradley was named a Top Trial Lawyer by the American Trial Lawyers Association, and has received the highest rating possible ("AV") by Martindale-Hubbell for several years in a row. He has assembled an experienced team of stock market experts to assist with each case.
For more information about The Law Office of Thomas C. Bradley, please visit www.stockmarketattorney.com