Sonn Law Group is reviewing allegations involving former Great Point Capital broker Karl W. Suess (CRD No. 5255922).

According to FINRA BrokerCheck, Suess has a pending customer dispute involving Delaware Statutory Trust investments purchased in connection with a Section 1031 tax-deferred exchange.

The claimant alleges a lack of suitability and due diligence, breach of contract, and breach of fiduciary duty, among other claims. The reported investments were purchased in May 2022 and are classified as real estate securities.

The complaint was received in March 2026. BrokerCheck does not report a specific damages demand, but indicates that alleged damages may exceed $5,000. (FINRA)

The dispute remains pending. Its allegations have not been proven, and Suess is entitled to contest them.

Did You Purchase a DST Through Karl Suess?

DST investments are frequently marketed to real estate owners seeking to complete a Section 1031 exchange. However, these investments can be illiquid, difficult to value and subject to substantial real estate, financing and sponsor-related risks.

Financial professionals and brokerage firms must reasonably investigate DST offerings and determine whether a recommended investment is appropriate for the customer.

Investors who purchased DST interests through Karl Suess or Great Point Capital can contact Sonn Law Group at 1-844-689-5754 for a free case evaluation.