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Tenants in Common Lawyers

Although most tenants in common investors know that there is no such thing as a guarantee when it comes to investing, that does not stop some financial advisors from marketing certain products as being completely safe. Unfortunately, people who invested in TICs (Tenants In Common) are learning that their money may not be as safe as they thought. Millions of dollars have been lost by investors who thought TICs were a safe investment.

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Tenants In Common Stock Losses

Investment LossPart of the problem is the economy--many properties are not nearly as viable as they once were. Other properties cost a lot of money to run, so the chances of making a profit are small. The other part of the problem is that advisors were given high commissions to sell the TICs, so they had great financial incentive to push the investments as much as possible, meaning there was also incentive to misled investors.

Of course, if the TICs were not suitable for investors and financial advisors pushed the product on them regardless, then the financial advisors should be held accountable for not properly advising their clients. For example, TICs have limited liquidity and no active secondary market. These issues should have been explained to investors before they made the decision to put their money in TICs.

In the current economic climate, a lot of investments are losing their money and, sadly, it is the investor left to deal with the financial crisis. Most investors were simply looking for some place safe to put their money, some place that they did not run a risk of losing everything and where their money could stay until they needed it. TICs may have seemed like a safe investment originally--many companies made a lot of money from offering them--but in truth they carried some risk, and possibly more risk than investors could tolerate.

If you invested in TICs and are now learning that they are not as safe as you were told they were, you may be eligible to file a complaint against the person or organization that sold you the TIC. Financial advisors and financial services companies have a responsibility to be completely honest with their clients regarding the true nature of the risks involved in their investment products.


Tenants In Common Stock Loss Legal Help

If you or a loved one has suffered losses from Tenants In Common (TIC) investment advice, please click the link below and your complaint will be sent to a lawyer who may evaluate your claim at no cost or obligation.
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TENANTS IN COMMON STOCK LOSS LEGAL ARTICLES AND INTERVIEWS

Another Tenant In Common Company in Trouble
Another Tenant In Common Company in Trouble
January 9, 2009
The founder and chief executive of a company that offered tenants in common (TIC) investment opportunities has filed for bankruptcy. Sunwest Management founder Jon Harder filed for Chapter 11 bankruptcy on New Year's Eve, following lawsuits against himself and company management. This follows news from 2008 that DBSI, a different company that also dealt with TICs, had filed for bankruptcy. READ MORE

Tenants in Common Losses have Lots in Common with other Squeezed Investors
Tenants in Common Losses have Lots in Common with other Squeezed Investors
December 22, 2008
Here we go again—yet another example of how someone may have been promised a bill of goods, only to be sold something else. In this latest example: investments of tenants in common, or Tenants in Common TIC investments. These are products tied to the commercial real estate sector. Needless to say, Tenants in Common stocks have been hammered of late, and not for quite the same reasons as an investment in the stock market might be exposed. READ MORE

Tenants in Common Bankruptcy Causing Problems for Investors
Tenants in Common Bankruptcy Causing Problems for Investors
December 16, 2008
Investors with money in tenants in common (TIC) agreements through DBSI are frantically trying to determine what their next move should be. Since they suffered TIC losses, related to DBSI's bankruptcy filing, they are now hiring advisors to help them figure out how and if they can regain their lost funds. Unfortunately, many investors lost a lot of money in their tenants in common investments. READ MORE

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