Securities Lawyer, Lars Soreide, of Soreide Law Group, is currently investigating the following investments. If your stock broker/financial advisor recommended the following investments you may be able to pursue a claim through a FINRA arbitration. Many of the brokerage firms that sold these investments carry errors and omissions insurance which may offer some level of redress for your investment losses if you qualify. Call (888) 760-6552 for a free consultation or visit www.SecuritiesLawyer.com for more information.
REEF Oil & Gas Income & Development Fund II - Stopped distributions July, 2009.
Core-Governor's Pointe TIC - Reduced distributions April, 2009, and stopped distributions June, 2010. Recently stopped paying mortgage.
GK Properties Fund III - Stopped distributions Dec., 2009.
Core-Northridge Promenade TIC- Facing foreclosure
Moody-Fairfield Inn, Meadowlands TIC - Facing foreclosure
TSG Series 2007-A Debenture - TSG President, Rob Hannah prohibited from selling securities in Illinois, based in part on his failure to disclose pending litigation in the PPM for the TSG Series 2007-A Debenture. Washington State Department of Financial Institutions found that TSG made material misrepresentations or omissions in selling investments. TSG accepted a consent order so as to resolve this issue.
Small Business Co. -CEO Karen Person charged by SEC and FBI with mail and wire fraud. Faces 20 year prison term if convicted.
Desert Capital REIT-Desert Capital was forced into involuntary bankruptcy by its creditors.
Striker Petroleum Series B3 Debenture - Litigation Release No. 21325 / December 4, 2009Securities and Exchange Commission v. Striker Petroleum, LLC, et al., Civ. Action No. 3:09-CV-2304-D (United States District Court for the Northern District of Texas, Dallas Division).Court Appoints Receiver for Dallas Oil and Gas Company and Enters Injunctions Against the Company and its Principals for Conducting Fraudulent $57 Million Debenture Offering
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.