Peiffer Wolf Securities Attorneys Investigating Sales Practices of Sun 1031 TIC Investments
The Peiffer Wolf securities practice attorneys are investigating the sales practices of investment advisors that recommended and sold Sun 1031 TICs to their customers. Specifically, the investigation focuses on whether investment professionals that sold Sun 1031 TIC products to their customers disclosed all risks surrounding that invesment and ensured that the investment was suitable to their customers’ investment profile.
TICs are a form of property ownership where two or more parties own an interest in the property. TICs are used as an investment vehicle due to their ability to provide investors with a stream of regular income when the property associated with the TIC is leased to a third party.
However, TICs are not liquid investments and their lack of liquidity calls into question their suitability for certain investors who require access to their investment funds.
The Peiffer Wolf attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They are currently investigating the possibility of assisting SUN 1031 TIC investors with the recovery of their investments. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of investment fraud or misconduct may contact the securities lawyers at Peiffer Wolf, James Booker or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (216) 589-9280.