Business Development Corporation of America (BDCA) Investment Losses – Tender Offer at $2.50 | Goodman & Nekvasil P.A. May Recover Investor Losses
According to Publicly Available Information:
On August 9, 2021, Mackenzie Realty Trust extended an unsolicited tender offer to purchase shares of BDCA for just $2.50 per share. This may mean significant losses for investors as the original purchase price was $10.00 per share.
On March 30, 2020, company reportedly suspended its distribution reinvestment and stock purchase plan, effective immediately. No reason was given for the suspension in a filing with Securities and Exchange Commission, but other non-traded REITs have recently made similar suspensions in response to the Covid-19 global pandemic.
Investors in Business Development Corporation of America (BDCA) May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Business Development Corporation of America (BDCA), Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a St. Petersburg, FL law firm with a national practice representing victimized investors, has recovered more than $200 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses in Business Development Corporation of America (BDCA), and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.