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https://www.aboutlawsuits.com/apple-reit-class-action-19026/
Jun 22, 2011 · Apple REIT Class Action Lawsuits Filed Against David Lerner Associates June 22, 2011 Written by: Staff Writers 18 Comments; Investors who purchased Apple Real Estate Investment Trust …
https://www.davidlerner.com/about-us/apple-reits
Apple REIT Nine consisted of 86 hotels in 27 states. Our clients invested $2 billion in the program. Apple REIT Nine is now a part of Apple Hospitality REIT and is listed on the New York Stock Exchange with the call letters APLE. Apple REIT Ten consists of 49 hotels in 17 states. Our clients invested more than $1 billion in the program.
https://www.newsday.com/business/david-lerner-associates-to-pay-650-000-in-penalties-for-reit-sales-1.13691350
New Jersey officials said they fielded complaints from investors about three REITs marketed by David Lerner Associates — Apple REIT Seven, Apple REIT Eight and Apple REIT Nine. Those securities ...Author: Ken Schachter
https://www.davidlerner.com/contact-us
+ Apple REITs. Apple Hospitality Two; Apple Hospitality Five; Apple REIT Six; Apple REIT Seven; Apple REIT Eight; Apple REIT Nine; Apple REIT Ten + Seminars. Reserve your seat today + Our Products + Bonds + Tax Free Municipal Bonds. Benefits of Tax-free Investing; Municipal Bonds: Credit Analysis; Taxable Municipal Bonds; Spirit of America ...Founder: David Lerner
https://www.forbes.com/sites/billsinger/2013/04/04/david-lerner-and-apple-reits-defendants-in-stunning-class-action-victory/
Apr 04, 2013 · In a dramatic Eastern District of New York Opinion by Judge Matsumoto, the Apple REITs class action Defendants' Motion to Dismiss was granted. David …Author: Bill Singer
http://securities.stanford.edu/filings-case.html?id=104815
Nov 28, 2011 · Register here to receive weekly email notices about recently-filed securities class action complaints and news in the area of securities class action litigation. Close Clear Form Register Advanced Search ... Case Summary Apple REIT Nine, Inc. Securities Litigation. Case Summary. Case Status: DISMISSED On or around 12/20/2011 (Court's order of ...
https://richmondbizsense.com/2017/03/29/real-estate-firm-settles-shareholder-suit-for-32m/
Mar 29, 2017 · Real estate firm settles shareholder suit for $32M. ... Apple REIT Seven, Eight and Nine. That year, Apple REIT Ten reached $1.05 billion in funds raised from investors and was closed off to new investors. Apple Hospitality owns Marriott and Hilton hotels in 33 states.
https://www.investorclaims.com/apple-reit-ten-center-of-finra-complaint-with-david-lerner-associates/
Jun 02, 2011 · Throughout the past five months, $300 million in Apple REIT Ten shares, which are invested in hotels across the country, have been sold out of an open $2 billion offering. Over the past nine years, David Lerner Associates have sold shares of nine other Apple REIT securities for a profit of $600 million. What are the complaints against Apple ...
https://securitiesarbitrations.com/david-lerner-assoc-defrauds-investors/
Jun 20, 2015 · Since January 2011, David Lerner Associates, Inc. (David Lerner Associates) has recommended and sold over $300 million of a $2 billion real estate investment trust (REIT) — Apple REIT Ten — without performing adequate due diligence in violation of its suitability obligations.
https://thediwire.com/new-jersey-securities-bureau-fines-david-lerner-associates-for-improper-reit-sales/
May 30, 2017 · The New Jersey Bureau of Securities has fined independent broker-dealer David Lerner Associates $650,000 to resolve an investigation into its sales of non-traded real estate investment trusts. The bureau received complaints from investors regarding DLA’s sale of three non-traded REITs – Apple REIT Seven Inc., Apple REIT Eight Inc. and Apple REIT Nine Inc. – …
https://www.revdex.com/reviews/david-lerner-associates-inc/1648176
For background, Apple Nine is an illiquid, unpriced, SEC reporting, non-traded real estate investment trust for which DLA served as the exclusive managing dealer until the program closed. Apple Nine is an entirely separate and independent company from DLA and, as a separate company, it follows the terms of its prospectus.
https://en.wikipedia.org/wiki/David_Lerner_Associates
The portfolio of Apple REIT Six consists of 66 hotels in 18 states and cashed out successfully for its investors. [9] [10] Apple Hospitality was formed in March 2014 with the merger of Apple REIT Seven Inc., Apple REIT Eight Inc. and Apple REIT Nine Inc. and subsequently filed for IPO in April 2015.Headquarters: Syosset, NY, United States
https://www.law360.com/cases/4dfb9e001d1d2e5317000001
Parties, docket activity and news coverage of federal case In re Apple REITs Litigation, case number 1:11-cv-02919, from New York Eastern Court.
https://www.whitesecuritieslaw.com/2015/01/02/investigation-into-apple-hospitality-reit/
Jan 02, 2015 · Have you suffered investment losses in Apple Hospitality REIT, formerly Apple REIT Nine? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment. According to a letter to shareholders, a …
http://nj.gov/oag/newsreleases17/pr20170525b.html
The Bureau received complaints from investors regarding DLA’s sale of three non-traded REITs – Apple REIT Seven, Inc., Apple REIT Eight, Inc. and Apple REIT Nine, Inc. – which raised an aggregate of $4 billion between March 2006 and December 2010 to purchase hotels.
https://wallstreetfraudblog.com/1083/investors-win-first-david-lerner-apple-reit-arbitration-case/
Investors have won the first securities arbitration against David Lerner Associates Inc. regarding the sale of Apple real estate investment trusts (REITS). Financial Industry Regulatory Authority Inc. arbitrator Alvin Green ordered Lerner to pay Joseph Graziose and Florence Hechtel $24,450 after they return their shares of Apple REIT Nine to the firm.
https://www.forbes.com/sites/bradthomas/2019/02/18/crack-open-the-vault-with-5-reits-yielding-7-plus/
Feb 18, 2019 · Apple Hospitality spent approximately $43 million in capital expenditures the first nine months of 2018, with another $25 to $30 million anticipated for the rest of the year, including renovation ...
http://sue-davidlerner.com/
Securities Arbitration is Your Best Chance to Recover ... Apple REIT Nine and Apple REIT Ten. Apple REITs are illiquid, non-listed investments which are not traded in a secondary market. In many cases, the risks associated with investing in REITs are not fully disclosed to investors. In addition to illiquidity risks, some investments allow only ...
http://wallstreetfraudblog.com/1083/investors-win-first-david-lerner-apple-reit-arbitration-case/
Investors have won the first securities arbitration against David Lerner Associates Inc. regarding the sale of Apple real estate investment trusts (REITS). Financial Industry Regulatory Authority Inc. arbitrator Alvin Green ordered Lerner to pay Joseph Graziose and Florence Hechtel $24,450 after they return their shares of Apple REIT Nine to the firm.
http://securities.stanford.edu/filings-case.html?id=104724
Jun 17, 2011 · On March 13, 2012, the Court issued an Order consolidating case number 12-cv-00782 with the current case. The Court also approved the appointment of interim class co-counsel. On April 3, 2013, the Court issued an Order granting the Defendants' motions to dismiss with prejudice. The Clerk of the Court was directed to close this case.
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