Robert H. Rex Arbitration Law Blog on Lawyers.com

Rex Securities Law Investigates VSR Financial Broker Dennis Van Patter

Wednesday, November 28, 2012 by Robert H. Rex

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We
are investigating stockbroker Dennis Van Patter on behalf of one of his former
customers whose account suffered significant losses. The subject account
of our elderly lady client was invested in a number of alternative
investments that appear unsuitable given her age, limited net worth and
lack of financial sophistication.



The investments in real estate investment trusts (REITs), oil and gas
limited partnerships and tax credit entities include the following:





  • Behringer Harvard REIT 1
  • Retail Properties of America
  • KBS REIT
  • MPF Income Fund
  • ATEL Fund

  • Atlas Oil and Gas LPs
  • APC 2003B
  • Boston Capital Series L.P. 16-29

  • Independence Tax Credit L.P.





According to FINRA records, Van Patter is registered with VSR Financial
Services, Inc. a broker dealer with offices nationwide. Van Patter
operates through First Financial Services in Plano, Texas.



Real estate investment trusts, especially those not traded on a
conventional exchange, as well as other alternative investments such as
oil and gas and other limited partnerships are generally not considered
suitable for retired conservative investors.



If you have information which you feel may be of assistance to our investigation , we would appreciate hearing from you.



Robert H. Rex, Esq. been helping investors recover investment losses for over twenty years.


We represent clients nationwide.


Rex Securities Law

561 391 1900
 
Posted at 15:27 PM
Topic: Arbitration
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