Monthly Archives: April 2012

RPAI IPO Lawsuit: Retail Properties of America Lawsuit to Recover RPAI Losses

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Real Estate Investors in Retail Properties of America, Inc. (RPAI), formerly Inland Western, may be able to recover their RPAI losses. Contact our securities attorneys toll free at (888) 252-0048 for a free consultation.

Free Consultation for Investors with RPAI REIT Losses

Retail Properties of America (RPAI) REIT Investigation

RPAI Inland Western REIT Losses Lawsuit

RPAI Inland Western REIT Losses Lawsuit

Did you sustain financial losses because of an investment in Retail Properties of America, Inc. (RPAI) REIT? In April 2012, early investors in the RPAI REIT, who had paid $10 for each of their shares, were caught off-guard by its initial public offering price of just $8 per share. Thanks to a stock split, some investors in Retail Properties of America may have lost more than 70% of their initial investment when it went public. Not surprisingly, some RPAI REIT shareholders now suspect they were taken advantage of, and are exploring legal avenues for recovering their losses.

If you lost money in the Retail Properties of America (RPAI) REIT, you may have an actionable claim to recover those investment losses through a RPAI REIT Lawsuit or FINRA arbitration. For over 40 years, the REIT Investment Loss Attorneys at Gilman Law LLP have represented investors in all major aspects of REIT lawsuits, non-traded REIT lawsuits, securities litigation, including stock manipulation, securities fraud, and shareholder rights violations. Our securities fraud lawyers are offering free legal consultations to any investor who suffered financial losses stemming from an investment in Retail Properties of America (RPAI) REIT. If you or someone you know purchased shares in the RPAI REIT, and you’re concerned about the investment, we urge you to contact our securities fraud lawyers today TOLL FREE at (888) 252-0048 or complete our free consultation form online for a free case review.

Inland Western / Retail Properties of America (RPAI) REIT IPO

Retail Properties of America, the nation’s third-largest shopping center REIT, holds property assets in 35 states. Prior to its April 5, 2012 IPO, the real estate investment trust was a non-traded REIT known as Inland Western REIT. According to some reports, Inland Western / Retail Properties of America, Inc. had been in trouble since 2005, when it stopped accepting capital. When the real estate market crashed in 2008, the RPAI REIT’s investment portfolio was extremely overvalued. As a result, dividend yields were cut from 6.4% to 1% by 2010. Unfortunately, like most non-traded REITs, Inland Western Properties was highly illiquid, leaving investors little choice but to hold onto their shares.

When the RPAI IPO was announced in March 2012, the initial valuation of the RPAI REIT’s shares at just $8 per share fell well below the expected price of $10 to $12. Even worse, the disappointing $8/share valuation was the result of a 10-to-1 reverse stock split and distribution plan. For investors who had originally bought into the Retail Properties of America REIT at $10/share, the actual split-adjusted value of the stock was less than $3 per share – a decline in value of more than 70%. According to some analysts, even when total dividend distributions of nearly $4 per share, accumulated over the full length of the investment period, are included in their returns, early investors were still only seeing about 80 cents back for every dollar they invested in the RPAI REIT.

Free Consultation for Investors with RPAI REIT Losses

Legal Help for Investors in Retail Properties of America REIT

The REIT Lawsuit Attorneys at Gilman Law LLP have extensive experience representing both individual and institutional investors in securities class action suits, and has recovered over a billion dollars for its clients. Our securities fraud lawyers are ready to assist investors who have suffered losses in the Retail Properties of America REIT. For a free evaluation of your case, please complete our free consultation form online for a free case review or CALL TOLL FREE (888) 252-0048.

KBS REIT I Lawsuit: How to Recover KBS Real Estate Investment Trust (REIT) Losses

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KBS Real Estate Investment Trust Lawsuit: If you invested in KBS REIT I, you may be able to recover your KBS REIT Losses, but you must act quickly! Call our REIT Attorneys Toll Free at (888) 252-0048 for a Free Consultation.

Free Consultation for Investors with KBS REIT I Losses

KBS REIT Lawsuit and KBS REIT I Investigation

KBS REIT Lawsuit

KBS REIT Lawsuit

The REIT Investment Losses Division of Gilman Law LLP is seeking to represent investors who sustained financial losses in the KBS REIT I, a non-publicly traded real estate investment trust focused on commercial real estate, KBS realty advisors, KBS-CMG, or other responsible parties. The KBS Real Estate Investment Trust I (KBS REIT 1) has stopped paying distributions to its investors, seen a sharp drop in its valuation, and suspended redemptions. Most investors who purchased shares in the KBS REIT I did so believing that it was a safe and secure investment which would generate income without placing their principal at risk.

For over 40 years, the Investment Loss Attorneys at Gilman Law LLP have represented investors in all major aspects of public REIT lawsuits, non-traded REIT lawsuits, securities litigation, including stock manipulation, securities fraud, and shareholder rights violations. Our securities fraud lawyers are offering free legal consultations to any investor who suffered financial losses stemming from an investment in the KBS REIT 1. If you or someone you know purchased shares in this REIT, and you’re concerned about the investment, we urge you to contact our securities fraud lawyers today by calling toll free at (888) 252-0048.

KBS REIT I Valuation Drop

The offering price paid by most investors for KBS REIT I was $10 per share, and the KBS Real Estate Investment Trust had raised approximately $1.7 billion from real estate investors. Since most real estate investors purchased their shares, the KBS REIT I has seen a sharp drop in valuation. Most recently, on April 3, 2012, KBS Capital Advisors and the KBS REIT I told investor that it was cutting the value of the REIT to $5.16 per share, from $7.40, a drop of 29%. At the same time, KBS REIT 1 informed investors it was ceasing distributions “with the goal of managing the REIT’s debt obligations and cash flows, and attempting to maximize the total return to investors over time.” Previously, the KBS REIT I had been paying out annual distributions of 5.3%.

KBS REIT I has also reportedly suspended redemptions, meaning investors holding these share are stuck with them. Investors in non-traded REITs, like KBS REIT I, that have had redemption programs suspended may have difficulty selling their investments or suffer a serious loss on the secondary market. It is highly unlikely that buyers on the secondary market would be willing to pay anywhere near the appraised value of the KBS REIT 1 shares.

Free Consultation for Investors with KBS REIT I Losses

Legal Help for KBS REIT I Investors and KBS REIT I Shareholders

Investors in KBS REIT 1 may be able to recover their losses by becoming part of a KBS REIT Lawsuit or filing a FINRA arbitration claim. Gilman Law LLP has extensive experience representing both individual and institutional investors in securities class action suits involving non-traded REITs like KBS REIT I, and has recovered over a billion dollars for its clients. Our securities fraud lawyers are ready to assist investors who have suffered losses in the KBS REIT 1. For a free evaluation of your case, please complete our free consultation form online or CALL TOLL FREE (888) 252-0048.

What About KBS REIT II?

Real Estate Investors with KBS REIT II losses are also encouraged to contact the securities attorneys at Gilman Law LLP for a Free Consultation. Our firm is actively investigating claims for real estate losses in KBS REIT II as well as KBS REIT I. Please contact our firm toll free at (888) 252-0048 or complete our free consultation form online to receive a free KBS REIT II Case Review.

Yasmin Lawsuit Update-Bayer Yaz Lawsuit Settlement Update: Bayer To Pay $110M To Settle Many Yaz, Yasmin Claims

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After continued mediation, Bayer is settling a portion of the Yaz, Yasmin Claims for at least $110M–roughly $220,000 per Yaz, Yasmin lawsuit. If you or a loved one has been experienced blood clots from use of Yaz Birth Control or Yasmin Birth Control, contact our Defective Yaz, Yasmin Attorneys today to get help filing a Yaz, Yasmin claim.

Submit Yaz Claim, Yasmin Claim to the Settlement Claims Office

Terms Of The Yaz, Yasmin Settlement

New Developments in Yaz, Yasmin Settlement

New Developments in Yaz, Yasmin Settlement

In January 2012, the Honorable David Herndon, the presiding judge on many Bayer Yaz settlements, Yasmin birth control pill lawsuits, postponed the first scheduled Yaz trial and ordered the case to mediation. (Yaz, Yasmin Mediation Order).  Subsequently, Bayer officials agreed to pay at least $110 million to settle numerous Yasmin lawsuits over claims that its Yasmin birth-control pills caused blood clots in the first larger resolution of cases over the product since the parties went to mediation in an attempt to resolve claims of serious injuries from the use of Yaz birth-control pills and Yasmin birth-control pills.

Officials of Bayer, based in Leverkusen, Germany, agreed to pay an average of about $220,000 per case to resolve the claims that its Yasmin contraceptives and Yaz contraceptives caused sometimes fatal blood clots that can lead to heart attacks and strokes, according to individuals close to the settlement.

How To File A Bayer Yaz Lawsuit or Yasmin Lawsuit Update

If you or a loved one has experienced serious injuries or side effects from the use of Yaz birth control pills or Yasmin birth control pills, you are encouraged to contact our experienced Defective Drug Attorneys to get help filing a Yaz Claim or Yasmin Claim. If you have experienced serious blood clots from the use of Yaz birth control pills or Yasmin birth control pills, you may be entitled to up to $220,000 from the Yaz, Yasmin Settlement. Yaz Lawsuit Claims and Yasmin Lawsuit Claims are time sensitive, so do not delay. You may contact our Defective Drug Lawyers by calling Gilman Law LLP toll free at (888) 252-0048, or by completing our Yaz Claims Form and Yasmin Claims Form online for a free consultation and claim review.

Submit Yaz Claim, Yasmin Claim to the Settlement Claims Office

 

The Latest News Yasmin Lawsuit Update, Bayer Yaz Settlement and Lawsuit

 

FDA Requires Yaz, Yasmin To Change Birth Control Label

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New Yaz, Yasmin Label Required by FDA

New Developments in Yaz, Yasmin Lawsuit

New Developments in Yaz, Yasmin Lawsuit

On April 10, 2012, the U.S. Food and Drug Administration (FDA) announced that it was requiring Bayer, the maker of the allegedly defective birth control Yaz and Yasmin, to change its label for drospirenone-containing birth control pills (Yaz and Yasmin). The revised label includes the increased risk for developing dangerous blood clots.

The revised label is a result of previous studies have reported a three-fold increase in the risk of blood clots for drospirenone-containing birth control pills such as Yaz and Yasmin when compared to “older generation” birth control pills containing levonorgestrel or some other progestins. The advisory panel that met in December voted 21-5 that labeling on Bayer’s Yaz Birth Control Pill and Yasmin Birth Control Pill is inadequate and should be revised to better reflect the higher risk of blood clots associated with these drugs. This prompted the FDA decision to revise the Yaz labeling and Yasmin labeling.

How To File A Yaz Claim or Yasmin Claim

In February 2012, Bayer settled approximately 70 Yaz claims and Yasmin claims involving plaintiffs who suffered blood clots, pulmonary embolisms, deep vein thrombosis or stroke while taking the birth control. The Experienced Defective Drug Attorneys of Gilman Law LLP are actively representing clients that have taken Yaz birth control or Yasmin birth control (drospirenone-containing birth control pills) and suffered serious injuries like the blood clots described above. If you or a loved one has suffered serious injuries from taking Yaz or Yasmin, please visit our Yaz/Yasmin Settlement Claims Center for a free consultation and case review.

Please Visit Our Yaz/Yasmin Settlement Claims Center for more information.

Florida Accident Injury Law Firm of Gilman Law LLP Launches New Southwest Florida Personal Injury Site

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The Florida Accident Injury Law Firm of Gilman Law LLP has launched a new Florida Personal Injury Site and is offering Free Accident Injury Case Reviews to better serve serious injury victims in Southwest Florida in Fort Myers, Naples, Bonita Springs, and other surrounding areas.

Who We Are

Gilman Law LLP is a leading Florida accident injury Law Firm with decades of experience representing individuals by providing professional legal services to clients in areas such as personal injury, car accidents, truck accidents, brain injuries, wrongful death, and other serious injuries resulting from serious accidents and medical malpractice. Our Southwest Florida Accident Injury Law Firm has principal offices in Bonita Springs, Floirda and Naples, Florida; however, our Southwest Florida accident injury attorneys accept complex and serious injury cases throughout the entire State of Florida.

Our Experience

Southwest Florida Accident Injury Law FIrm

Southwest Florida Accident Injury Law Firm

Our Southwest Florida law firm has over 40 years of personal injury experience representing all types of accident injury cases to assist clients in receiving the maximum compensation and large settlements they deserve for their injuries and suffering. The experienced personal injury attorneys at the Florida Accident Injury Law Firm of Gilman Law LLP understand the difficulties that people face following an injury. Our highly-skilled legal team strives to deliver the highest caliber of legal representation so that our clients can concentrate on the healing process.

How To Receive Information For Accident Injury Claims and Personal Injury Lawsuits

Individuals with serious injuries seeking information related to accident injuries, car accidents, truck accidents, motorcycle accidents, birth defects, brain injuries, wrongful death, or most other types of serious injuries, are encouraged to visit our new Florida Accident Injury Law Firm Website. Gilman Law LLP is also hosting a personal injury blog that contains ongoing valuable how-to personal injury articles, accident injury settlement tips, suggestions for dealing with accidents, and other useful legal information. To receive further information and tips for personal injury cases and accident injury settlements, you may view our new legal blog by visiting the Florida Accident Injury Blog.

Our experienced Southwest Florida accident injury attorneys have received numerous awards, AV Ratings, and are life members of the Million Dollar Advocates Forum. Hiring an experienced personal injury attorney can mean the difference between effective representation with a large settlement, or a difficult battle with an insurance company.

How To Contact Our Experienced Southwest Florida Accident Injury Attorneys

To contact one of our experienced Florida personal injury attorneys, please call our office toll free at (888) 252-0048, or visit our Florida Accident Injury Law Firm Website. You may also visit our Free Accident Injury Consultation Page to receive a Free Accident Injury Case Review from our Southwest Florida personal injury attorneys.

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Water Contamination: Has Fracking Put You At Risk?

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New Reports, Lawsuits, and Studies raise awareness as to the risk of water contamination and well contamination from the so-called environmentally safe procedure known as “fracking.”

Drinking Water Contamination From Fracking

Drinking Water Contamination From Fracking

Have you suffered property damage, water contamination, contamination of water supplies, or other injuries associated with the natural gas drilling process known as hydraulic fracturing or fracking? Also known as shale gas drilling, fracking is booming in the Marcellus shale, Barnett shale, Fayetteville shale and elsewhere in the U.S. While the natural gas industry touts hydraulic fracturing as a means of economic development and energy independence, lawsuits allege that groundwater contamination and drinking water contamination have occurred because of fracking. Opponents of fracking assert that this type of drilling has also resulted in excessive air pollution and even caused earthquakes in communities where hydraulic fracturing has boomed.

How To Receive Compensation For Your Fracking Injuries or Water Contamination

If you believe your drinking water well was contaminated by fracking, or you sustained other property damaged or health problems that you believe could be related to this type of natural gas drilling, the experienced toxic substance and environmental lawyers at Gilman Law LLP may be able to help you obtain maximum compensation for you damages or injuries. Our firm is offering Free Fracking Lawsuit Consultations to anyone whose health or property has been negatively impacted by fracking. To discuss your fracking lawsuit with the experienced legal team at Gilman Law LLP, please contact us today by calling us toll free or completing the form to the left of this screen.

You may also visit our Florida Accident Injury Law Firm website to speak with an experienced accident injury lawyer concerning other personal injury claim.

How To Get Compensation for DuPont Imprelis Damage: Dead Trees, Dying Trees, Unintended Side Effects

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DuPont Imprelis Damage and Herbicide Side Effects: Norway Spruce, Eastern White Pine Tree, Conifers, Willows, Poplars and Deodora Cedars Deaths and Damage Across U.S.A., Lethal Damage to Mature Trees, Browning Of Leaf Tips, Evergreen Trees Threatened, Tree Farm Destruction, Christmas Tree Farm Damage

Picture of Imprelis Damage: Dead Tree

Picture of Imprelis Damage: Dead Tree

Businesses, golf courses and their management, home owners, and other individuals who noticed possible Imprelis damage after having their property treated with this herbicide may be able to file a claim or join in a class action lawsuit seeking financial compensation for the herbicide damage. Allegedly, the herbicide, which was advertised as being environmentally friendly, has been traced to the cause of death for thousands of eastern white pines, Norway spruces and other trees on golf courses and lawns across the country. Because the DuPont, manufacturer of the herbicide, may have been negligent in testing the product or reckless in releasing it into the marketplace, property owners who allege that they noticed Imprelis damage after using the potentially defective herbicide may have legal recourse.

If you have noticed Imprelis damage or other herbicide problems after treating your property with Imprelis, you may participate in a DuPont Imprelis lawsuit to seek compensation for property damage.

Click here to complete our Imprelis Damage Free Consultation Form to join the DuPont Imprelis Lawsuit

Signs of Imprelis Damage

Imprelis was used to kill broadleaf weeds on lawns, golf courses, parks and others properties, but has now been linked to tree damage and death caused by the herbicide. However, the herbicide has been linked to the following property damages:

  • Tree damage
  • Tree death
  • Tree removal costs
  • Additional landscaping costs
  • Loss of privacy
  • Decrease in property value

How To Get Compensation For Imprelis Damage

IMPORTANT: DO NOT meet with DuPont or sign any paperwork until you have spoken with an attorney first. You may be forfeiting your rights to seek representation against DuPont. If you have already signed paperwork or met with DuPont, please contact us and let us discuss your legal options to ensure you are compensated fairly.

In cases involving herbicide damage, it is very important that you document any and all evidence with photographs, or other documentation. Initial steps can include the following:

  1. Take digital photos, preferably with the date and time corresponding to each photo. Photos of the overall condition of the tree, as well as pictures of specific areas of the tree that have been damaged will be most useful.
  2. Soil, foliage, and tree core samples should be taken, if possible, to help provide a greater understanding of the extent of damage.
  3. Contact the toxic substance and environmental damage lawyers of Gilman Law LLP at (888) 252-0048 to ensure other steps are not required and you are able to document your claim. Our experienced staff of toxic substance and environmental damage attorneys will be able to provide you with more documentation tips.

As always, you may call our toxic substance and environmental damage attorneys toll free for a Free Consultation at (888) 252-0048.