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David Lerner Associates, Inc.


Faruqi & Faruqi, LLP Announces Investigation of David Lerner Associates, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm, is investigating potential securities violations by David Lerner Associates in the sale of DLA’s “Apple REIT” products.

The investigation focuses on whether DLA violated the law by: (1) misleading investors, especially the elderly, in the sale of certain Apple REITs; (2) failing to properly value certain Apple REITs (REITs “Six” through “Ten”); or (3) violating applicable NASD and FINRA rules.

Take Action

If you purchased Apple REITs Six, Seven, Eight, Nine or Ten from DLA and would like to discuss your legal rights, please contact us by calling Adam Gonnelli or Nicholas Moyne toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to agonnelli@faruqilaw.com or nmoyne@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding DLA’s sale of Apple REITs to contact the firm, including whistleblowers, former employees, shareholders and others.

Contact Us

To contact Faruqi & Faruqi, LLP please call (877) 247-4292 or (212) 983-9330, or please
fill out the form below and a Firm representative will contact you.

  • Case:
    David Lerner Associates, Inc.

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.