David Lerner Associates is back on the feeding circuit. We’ve learned that yet another round of steak dinners is planned.
Last time the steak dinners failed miserably (see our Blood Bath blog post). This time the firm undoubtedly will try to make excuses as to why Apple REITs now show no estimated value on customer monthly statements, and undoubtedly will try to explain why the Apple REITs cannot satisfy this quarter’s redemption requests of investors wanting out.
It’s time for David Lerner Associates to stop making excuses.
Moreover, we fear that investors contacting their David Lerner Associates brokers are being told that Apple REITs still are valued at $11 or so per share, or that distributions are coming from profits – not loans or return of investors’ own money. Investors who are told any of these things should contact us right away.
If you are an investor who is trying to get out of the Apple REITs, please contact one of our attorneys at 312-332-0000. Our attorneys are representing investors who have suffered losses investing in the Apple REITs along with those who are seeking to rescind (get out of) their investment in these products.
Eccleston Law represents individual and institutional investors nationwide to recover their investment losses caused by unsuitable investment recommendations, breach of fiduciary duty, negligence or other misconduct. We have extensive experience representing investors in arbitration and litigation disputes with securities broker-dealers and investment advisory firms, and have recovered tens of millions of dollars for investors.
FinancialCounsel.com, hosted by James J. Eccleston, is a companion website to this blog, along with EcclestonLaw.com. It contains complementary material of general interest to investors and financial services professionals. Investors will find material on securities arbitration to recover investment losses; industry and financial markets intelligence; and strategies for estate planning. Professionals have access to material on broker/adviser registration, regulation, compliance and disciplinary proceedings; industry and financial markets intelligence; strategies for estate planning; and broker/adviser employment litigation and injunctions, including defamation and non-competition/solicitation issues. 
