LPL settled charged in connection with the offer and sale of Non-Traded REIT’s. The investigation stemmed from the complaint filed by the Commonwealth of Massachusetts Securities Division into similar non-traded REIT sales practices with other broker-dealers. The Massachusetts complaint charged LPL with dishonest and unethical business practices. Under the terms of the settlement, Boston-based LPL agreed to remediate losses for all non-traded REITS sold by the firm from January 1, 2008 through December 31, 2013 in violation of prospectus standards, state concentration limits or LPL’s own guidelines. If you have or had an account with LPL and invested in these products you may have grounds for seeking recovery for your losses.