National investment loss and securities lawyers KlaymanToskes issues an important notice to investors who purchased KBS Strategic Opportunity REIT, Inc./Pacific Oak Strategic Opportunity REIT Inc. at Centaurus Financial with broker Kelley Slaught, broker Michael Morando, and/or any other financial advisor. If you suffered significant losses in KBS/Pacific Oak REIT, Contact KlaymanToskes at 888-997-9956 or by email at investigations@klaymantoskes.com for a free and confidential consultation to discuss your potential recovery options.
Pacific Oak Strategic Opportunity REIT (formerly KBS Strategic Opportunity REIT), is a Non-traded Real Estate Investment Trust (“REIT”) that closed its initial public offering in 2012. Recently, the REIT has lost over 25% of its market value, and has faced a number of challenges including the suspension of its Share Repurchase Program. The brokers and financial advisors who sold KBS Strategic Opportunity REIT/Pacific Oak Strategic Opportunity REIT may be liable for any losses incurred by investors.
Financial advisors and their firms must act in the best interest of their customers and are responsible for providing suitable investment advice. Investment firms may be held liable for any losses incurred by their customers if they fail to act in best interest of their customers, make unsuitable investment recommendations, misrepresent or omit material facts, and/or overconcentrate the customer’s portfolio in one particular investment, class, or market sector. Further, financial professionals and their firms cannot disregard a customer’s risk-tolerance when making investment recommendations.
Customers of Centaurus Financial who suffered losses in KBS/Pacific Oak Opportunity REIT due to unsuitable recommendations by their financial advisor are encouraged to contact attorney Steven D. Toskes at (888) 997-9956 or by email at investigations@klaymantoskes.com
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Steven D. Toskes, Esq.
888-997-9956
investigations@klaymantoskes.com
www.klaymantoskes.com