This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Securities Arbitration Law Firm Of Klayman & Toskes Files Claim Against Berthel Fisher As It Continues To Investigate Claims On Behalf Of Inland Western REIT N/k/a Retail Properties Of America Investors

The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.reitfraudloss.com, announced today that it filed a claim against Berthel Fisher & Co. Financial Services (“Berthel”) to recover damages sustained in Inland Western REIT n/k/a Retail Properties of America (NYSE: RPAI). The securities arbitration claim was filed with the Financial Industry Regulatory Authority (“FINRA”).

According to the claim, in maintaining accounts with Berthel, the Claimant had always made it clear that he did not want to expose his assets to significant risk, and that he was willing to accept a lower rate of return in order to keep his hard-earned money safe. In response, Berthel recommended Inland Western REIT. The firm’s advisor represented to Claimant that the REIT would be a “sure thing” with a guaranteed dividend of 5% for the first 5 years. The investment was marketed as a low risk, fixed income product that would preserve Claimant’s principal investment. The reality, however, was that the REIT was speculative and exposed Claimant’s portfolio to more risk than he was willing to assume. As a result, Claimant sustained substantial damages.

Investors who purchased Inland Western REIT or other direct investments from Berthel Fisher or other brokerage firms can contact K&T to explore their legal rights and options. K&T is presently pursuing claims on behalf of investors from across the country who sustained losses by purchasing these types of products.

If you wish to discuss this announcement or invested $250,000 or more Inland Western or other direct investments, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956, or visit us on the web at www.reitfraudloss.com.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs