What Happened Investment offerings associated with 4ANDJ DST, a Delaware Statutory Trust (DST) private placement sponsored by Versity Investments (now Crew Enterprises), are facing increasing scrutiny as investor complaints, arbitration claims, and related litigation continue to emerge. The offering—filed in 2021 and structured to raise approximately $49.6 million—was marketed as a 1031 exchange–eligible real estate [...]

Ryan Tarjanyi, a former financial advisor associated with Bankers Life Securities, has been barred from the securities industry by FINRA, the industry’s primary self-regulatory organization. A FINRA bar represents one of the most severe sanctions available, resulting in a permanent prohibition from associating with any FINRA-member brokerage firm in any capacity. While the specific findings [...]

What Happened A recently filed FINRA arbitration claim against Realta Equities, Inc. underscores growing concerns surrounding the sale of Delaware Statutory Trust (DST) investments and the responsibilities of brokerage firms in recommending complex alternative products. In the reported case, a Florida retiree is seeking up to $500,000 in damages, alleging that Realta Equities and its [...]

What Happened Investment offerings associated with Carter Exchange, a sponsor of 1031 exchange Delaware Statutory Trust (DST) investments, are drawing increased scrutiny as investors report concerns related to illiquidity, performance, and suitability. Carter Exchange sponsors a range of real estate–based DST programs across sectors including multifamily, industrial, retail, and healthcare properties, typically offered to investors [...]