As Share Price Falls, Filing A Broker Fraud
Claim May Be Best Chance For Financial Recovery
HOUSTON, Aug. 13,
2024 /PRNewswire/ -- Shepherd Smith Edwards
and Kantas (investorlawyers.com) is offering free, no
obligation case consultations to American Healthcare REIT
(NYSE:AHR) investors. The real estate investment trust saw its
shares drop almost 3% on August 6,
2024 as the lock-up period for legacy non-traded REIT
shareholders concluded. A product of the merger between
Griffin-American Healthcare REIT III, Griffin-American Healthcare
REIT IV, and American Healthcare Investors, in February 2024, AHR arrived on the New York Stock
Exchange with a 56 million share/IPO at $12/share. Meanwhile, legacy investors had
purchased their 66 million shares for $40/share. (American Healthcare REIT's estimated
net asset value (NAV) for Class I and Class T common stock in
March 2023 following a 4-1 reverse
stock split was $31.40/share. )
This real estate investment trust has a portfolio made up of
medical office buildings, skilled nursing facilities, senior
housing, and hospitals collectively valued last September 2023 at about $4.6B. Earlier this year, Comrit made a
third-party tender offer looking to buy 228,136 of the REIT's
shares at a %8% reduction. There was also the suspension of
American Healthcare REIT's share repurchase plan in 2022 (barring
requests related to qualifying disability or death). March 2023, quarterly distributions were reduced
for Class T and Class I common stockholders.
Many investors are wondering whether their brokers may have
improperly recommended American Healthcare REIT. Even non-traded
REITs, which are generally available to retail investors, may be an
unsuitable investment recommendation for someone depending on their
age, risk tolerance level, investing goals, and experience.
REITs tend to garner high commissions (up to 15%) and fees for
financial advisors. This can compel them to inappropriately market
these alternative investments to inexperienced investors and
conservative retirees. Due diligence failures, breach of fiduciary
duty, and supervisory failures by the broker-dealer can also lead
to the unsuitable exposure to these investments which, in turn, can
result in significant losses.
How To Pursue Damages For Your American Healthcare REIT
Losses
https://youtu.be/AJg85qIL8Ok?si=FJeUVsR7U9MuR4_O
Contact Our American Healthcare REIT Loss Law Firm
Today
Over the years, we have helped thousands of investors to
collectively recoup many millions of dollars through arbitration,
mediation, and litigation from negligent and reckless stockbrokers
and their firms.
Call (800) 259-9010 or fill out this form. We represent
investors all over the United
States.
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SOURCE Shepherd Smith Edwards & Kantas LLP