The Peiffer Rosca Law Firm Settles Claims on Behalf of Investors in Thompson National Properties - Sponsored Investment Program

CLEVELAND, June 9, 2014 /PRNewswire/ -- Investors in a Thompson National Properties – sponsored real estate investment program, represented by the Peiffer Rosca law firm's securities practice attorneys, have settled their claims arising out of their investment, the Peiffer Rosca attorneys announced. 

The Peiffer Rosca attorneys represent investors in several TNP investment programs such as TNP 2008 Participating Notes, Strategic Realty Trust (formerly known as TNP Strategic Retail Trust, Inc.), and TNP 6700 Santa Monica Boulevard ("TNP Kodak").  They have filed three class actions and a number of FINRA arbitration cases on behalf of their clients, seeking compensation for alleged investment losses.

Attorneys Alan Rosca and Joe Peiffer were the first to file a class action on behalf of TNP investors, according to media reports.  The three class actions are pending. 

"We will continue to vigorously prosecute claims on behalf of investors in TNP – sponsored programs," said attorney Joe Peiffer.  "We will hold liable those securities broker-dealer firms that improperly recommended Thompson National Properties – sponsored investments to their customers," said attorney Alan Rosca.

In their cases, the Peiffer Rosca attorneys have alleged that some of the financial service organizations that recommended certain TNP programs failed in their duties to adequately investigate the TNP investments and determine the investments were suitable and/or appropriate for their customers.

Investors who believe they lost money invested in TNP programs such as TNP 2008 Participating Notes, TNP 12% Notes, Strategic Realty Trust (formerly known as TNP Strategic Retail Trust, Inc.), TNP 6700 Santa Monica Boulevard ("TNP Kodak") or other TNP programs may contact attorneys Alan Rosca or Joe Peiffer for a free, no-obligation evaluation of their recovery options, toll free at 888-998-0520. 

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SOURCE Peiffer Rosca Abdullah Carr & Kane LLC