Strategic Student & Senior Housing Trust, Inc. is a public, non-traded REIT focused on student and senior housing. SSSHT was first marketed to investors in 2017 through a private placement and went public in May 2018, raising about $110 million from investors. SSSHT advertises that it is intended to provide “stability, diversification, income, and potential […]
On June 9, 2021, the United States District Court for the Northern District of California entered a final judgment against Bingqing Yang, the CEO of Luca International, LLC, in a previously-filed action against eight defendants alleging an affinity fraud scheme that generated more than $68 million from illegal sales of securities in an oil and […]
Lordstown Motors Corp.’s shares dipped on Monday as the electric truck startup’s two top executives stepped down after the company’s board found evidence of inaccurate statements to investors. The onetime star special purpose acquisition company’s stock took its biggest one-day drop ever. Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from […]
As our Mediating and Arbitrating FINRA Claims program is coming up, we wanted to shine the spotlight on our outstanding panel. Our first panelist, Phil Aidikoff, is a Partner of Aidikoff, Uhl & Bakhtiari, an AV rated firm which has represented customers, executives and brokers in claims against the Financial Services Industry for more than […]
Aidikoff, Uhl & Bakhtiari is investigating potential claims for investors in the Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ:IQDNX) and Infinity Q Diversified Alpha Fund Investor Class (NASDAQ:IQDAX), collectively (“Infinity Q”). The investigation concerns whether brokerage firm sales practices and due diligence conducted in connection with the recommendation to purchase or hold Infinity Q […]