Hartman vREIT XXI, Inc. Reports Going Concern – Goodman & Nekvasil, P.A., May Recover Investor Losses
Hartman vREIT XXI, Inc. reports “going concern” in their November 14, 2022 quarterly filing with the Securities and Exchange Commission. Management concluded that there is, “substantial doubt about the Company’s ability to continue as a going concern”. Hartman vReit XXI, Inc. made the going concern disclosure based on “uncertainty regarding loan maturities”.
The company said if its unable to meet its debt service obligations that the lenders may pursue foreclosure. According to the disclosure, “this would have a material adverse effect on the company’s financial condition”.
Goodman & Nekvasil, P.A., is investigating potential securities claims involving broker dealers who may have unsuitably recommended Hartman vREIT XXI Inc. to its clients.
Non-traded REITs are risky and complicated investments. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments such as Hartman vReit XXI, Inc.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $300 million dollars on behalf of victimized investors. We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
You may have the right to recover your losses from the brokerage firm that sold Hartman vReit XXI, Inc. and other high-risk investments to you.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. If you would like to discuss the possibility of retaining our firm to represent you in an arbitration action, please contact us.
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 money from investment losses, you pay us nothing. Finally, the filing of such a case should not affect your ownership of these investments in any way. We recommend that you act quickly because statutes of limitation can be short in securities cases.
If you incurred losses on your investment in Hartman vReit XXI, Inc. and would like your case evaluated by a securities attorney please contact us.
Some of the information in this blog post was obtained on 12/2/22 directly from the Securities and Exchange Commission without any changes. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.