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Customers Complain Broker William Sheehan Sold Unsuitable TIC Investments

The law offices of Gana Weinstein LLP is investigating a series of complaints against broker William Sheehan (Sheehan). According to Sheehan’s BrokerCheck records the broker has been the subject of 7 investor complaints since 2010. That many claims against one broker is rare. According to InvestmentNews, only about 12% of…

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What are Tenants-in-Common Securities?

Tenants-in-common real estate investments (“TIC”) are a more than $1-billion a year industry.  However, with all innovative investment products, TIC investments receive their share of complaints from unhappy investors who bought them through a private placement. In FINRA arbitration, these complaints materialize as suitability claims and allegations of negligent misrepresentation. …

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