Prock v. Thompson National Properties, LLC, et al., a securities class action filed on behalf of investors in the TNP 6700 Santa Monica Boulevard, a real estate investment program that raised approximately $17 million from the investing public. Claims are predicated upon alleged material misrepresentations and omissions in the program’s offering documents by its sponsor and officers and directors of the sponsor.
Hanson v. Berthel Fisher & Company Financial Services, Inc., et al., a securities class action filed on behalf of investors in a real estate investment program that raised approximately $26 million from the investing public. Claims are predicated upon the role played by Berthel Fisher, the managing broker-dealer of the program, that allegedly organized and oversaw the securities offering by the Program while aware of misrepresentations and omissions in the Program’s offering documents.
Booth, et al. v. Strategic Realty Trust, Inc. (f/k/a TNP Strategic Retail Trust, Inc.), et al., a securities class action filed on behalf of investors in a real estate investment program that raised approximately $90 million from the investing public. Claims are predicated upon alleged material misrepresentations and omissions by the issuer, its sponsor, and its officers and directors, in the Program’s offering documents.