Aucoin v VSR Financial Services - $307,000 non-traded REIT / DPP Award
In February 2016, a FINRA arbitration panel in New Orleans, LA ordered VSR Financial Services to pay $307,000 in compensatory damages over non-traded REITs, promissory notes, limited partnerships and oil drilling programs. You can read the award here. Dr. Henderson testified on liability and damages over VSR's sale of the non-traded REITs and other investments to the Claimant.
Dr. Henderson's "An Empirical Analysis of Non-traded REITs" forthcoming in the Journal of Wealth Management can be downloaded here and SLCG's blog posts on non-traded REITs can be found here .