Beechwood Bermuda Investigation | Goodman & Nekvasil P.A., May Recover Losses
Beechwood Bermuda Investigation
The Risks of non-traded REITS like Beechwood Bermuda
Many investors are not fully aware of the problems and risks associated with illiquid, high risk, REITSs when they purchase them.
Investments are often riskier and more complicated than traditional investments. These funds are only suitable for high net worth, sophisticated investors. Beechwood Bermuda is an investment associated with Northstar Finanial Services (Bermuda).
Liquidity Issues and High Sales Commissions
RIETs can face several liquidity issues due to their unique characteristics and structure.
Another problem often associated with REITs is the high sales commissions brokers typically earn for selling them. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market.
Unfortunately, in many cases, the high sales commission may influence unsuitable investment recommendations.
Broker Due Diligence
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Firms that fail to do so may be held responsible for any losses in a FINRA arbitration claim.
If you believe that your investments in Beechwood Bermuda may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. If we don’t recover money for you, we charge no attorney’s fee.
Goodman & Nekvasil, P.A. has recovered more than $400 million on behalf of victimized investors. If you lost money on investments in unsuitable investments and would like your case evaluated by a securities attorney, please contact us.