Hospitality Investors Trust Bankruptcy Recovery

Boca Raton, Florida--(Newsfile Corp. - June 2, 2021) - The Securities Law Firm of Menzer & Hill, P.A. (www.menzerhill.com) announced today that it is pursuing claims against those brokerage firms that sold Hospitality Investors Trust (f/k/a) American Realty Capital Hospitality Trust to their clients. HIT, a publicly registered non-traded real estate investment trust ("REIT"), owns a portfolio of hotel properties throughout the United States.

On May 19, 2021, HIT and its operating partnership, Hospitality Investors Trust Operating Partnership, L.P., each filed for petitions for relief under Chapter 11 of the US Bankruptcy Code.

Fortunately, those investors that incurred losses investing in HIT, or any other non-traded REITs, may be able to recover those losses through the FINRA arbitration process. Under FINRA rules and regulations, Broker-Dealers are responsible for conducting proper due-diligence on those investments recommended to their clients and therefore, may be held liable for losses related to failures in their due-diligence.

The Securities Law Firm of Menzer & Hill, P.A. has already prevailed in a multi-million-dollar award on behalf of investors that sustained damages involving other non-traded REITs.

For a free case evaluation or to discuss any other investment losses, please contact the Securities Law Firm of Menzer & Hill, P.A., at 888-923-9223, or visit us on the web at www.menzerhill.com.

Contact

The Securities Law Firm of Menzer & Hill, P.A.
Gary Menzer - 888-923-9223
info@menzerhill.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86130