{"id":396,"date":"2016-10-08T15:25:54","date_gmt":"2016-10-08T19:25:54","guid":{"rendered":"http:\/\/elderfinancialfraudattorneys.com\/?p=396"},"modified":"2018-10-04T15:28:49","modified_gmt":"2018-10-04T19:28:49","slug":"as-the-sole-distributor-of-a-real-estate-investment-fund","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/as-the-sole-distributor-of-a-real-estate-investment-fund\/","title":{"rendered":"As the sole distributor of a Real Estate Investment Fund"},"content":{"rendered":"<p>As the sole distributor of a Real Estate Investment Fund, David Lerner Associates allegedly solicited thousands of customers without determining if it was suitable for investors. In addition, FINRA states the firm targeted &#8220;unsophisticated investors&#8221; and the elderly. In 2012, FINRA ordered the firm to pay $12 million in restitution to affected customers who purchased shares. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the sole distributor of a Real Estate Investment Fund, David Lerner Associates allegedly solicited thousands of customers without determining if it was suitable for investors. In addition, FINRA states the firm targeted &#8220;unsophisticated investors&#8221; and the elderly. In 2012, FINRA ordered the firm to pay $12 million in restitution to affected customers who purchased [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1101],"tags":[],"class_list":["post-396","post","type-post","status-publish","format-standard","hentry","category-recent-investigations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>As the sole distributor of a Real Estate Investment Fund &#8212; Securities Arbitration Lawyers Blog &#8212; October 8, 2016<\/title>\n<meta name=\"description\" content=\"As the sole distributor of a Real Estate Investment Fund, David Lerner Associates allegedly solicited thousands of customers without determining if it was &#8212; October 8, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/as-the-sole-distributor-of-a-real-estate-investment-fund\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"As the sole distributor of a Real Estate Investment Fund &#8212; 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