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Our law firm is investigating claims on behalf of current and former customers of Ellen Erenstein and Investors Capital Corp. in connection with the sales of Tenant In Common (“TIC”) investments. These include Doral Court and Shoreview Corporate Center TICs. Over the past several years, billions of dollars worth of TICs were sold to retail investors at firms like Investors Capital Corp. However, in many instances, the sales of these products were unsuitable and/or firms failed to perform adequate due diligence into the products before approving them for sale to their customers. Moreover, many investors purchased these products without being advised of the true risks associated with TICs.Ellen Erenstein entered the securities industry in August 2003 as a General Securities Representative with a FINRA registered firm. Between August 2003 and October 2006, Erenstein was registered in the same capacity with Investors Capital Corp. (f/k/a Eastern Point Advisors, Inc.), and between October 2006 and July 2010, Erenstein was registered in the same capacity with Workman Securities Corporation, both FINRA registered firms. In September of 2012, Erenstein was barred permanently from the securities industry. Her CRD report reveals at least six customer complaints regarding the sale of TIC investments.
If you invested with Ellen Erenstein and purchased TICs, you may be able to recover your losses by filing an individual securities arbtiration claim.