The White Law Group continues to investigate potential FINRA arbitration claims involving Dividend Capital REIT. Based on the firm's experience, it appears that many brokerage firms that sold Dividend Capital understated or misrepresent the risks and liquidity problems associated with the investment.
Dividend Capital Total Reality Trust Inc. is a non-traded REIT that began by providing investment opportunity in high-quality office, industrial retail, multi-family, and real properties located in North America.
According to Dividend Capital Diversified Property Fund's most current 8-K form filed February 1, 2013 with the U.S. Securities and Exchange Commission, the current Net Asset Value (NYSE:NAV) per share is $6.72. This represents Dividend Capital's "book value." The secondary market value for Dividend Capital is likely much less than this amount and investors in Dividend Capital have likely suffered losses well in excess of 30%.
Prior to making recommendations to an individual investor, brokerage firms are required to disclose all the risks of an investment. A financial advisor should only recommend an investment that is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through securities arbitration.
For more information on The White Law Group's investigation into investors' Dividend Capital REIT litigation options, visit http://www.whitesecuritieslaw.com/2013/02/11/update-on-securities-fraud-investigation-involving-dividend-capital-reit/.
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. The firm offers a free consultation and can be reached at 312/238-9650.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.