Lodging Fund REIT III | Goodman & Nekvasil, P.A., May Recover Investor Losses

Lodging Fund REIT III– Goodman & Nekvasil, P.A., May Recover Investor Losses

According to sources Lodging Fund REIT III Inc., a publicly registered non-traded REIT that invests in hotel properties, has disclosed in a filing with the Securities and Exchange Commission that the regulator is conducting an inquiry into the reimbursement of certain expenses to its advisor, Legendary Capital REIT III LLC, as well as its disclosure of reimbursement policies and procedures, according to an article in the DI Wire today. The REIT notes that the inquiry was received in December 2020.

Non-traded REITs such as Lodging Fund REIT III Inc., 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

Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments and has recovered more than $200 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.  All our cases are handled on a purely contingency fee basis.

You may have the right to recover your losses from the brokerage firm that sold Lodging Fund REIT III Inc. and other high-risk investments to you. We strongly recommend that you act quickly, however, because statutes of limitation can be short in securities cases.

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. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.

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 any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. Finally, the filing of such a case should not affect your ownership of these investments in any way.

If you incurred losses on your investment in Lodging Fund REIT III Inc.  and/or other high-risk investments and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.