Silver Star Properties REIT Investigating Founder For Alleged Fiduciary Violations

Posted on March 20th, 2023 at 3:46 PM
Silver Star Properties REIT Investigating Founder For Alleged Fiduciary Violations

From the desk of Jim Eccleston at Eccleston Law 

Silver Star Properties REIT, a publicly registered non-traded real estate investment trust,
recently announced that the executive committee of the board has removed founder and
executive chairman of the company, Allen Hartman.
The board of directors previously had provided the executive committee with exclusive
decision-making authority. The executive committee additionally has opted out of an agreement
between Hartman Short Term Income Properties XX Inc. and Al Hartman. Silver Star REIT is
investigating, “issues related to certain violations of fiduciary and other duties to the company by
Mr. Hartman”, according to the executive committee.
However, the company reported that Hartman continues to serve as a director on Silver
Star’s board. In November 2022, Hartman vREIT XXI announced that there was “substantial
doubt about the company’s ability to continue as a going concern.”
Eccleston Law LLC represents financial advisors and investors nationwide in securities, employment, transition, regulatory and disciplinary matters. 

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next

This was the best of all possible outcomes and I cannot thank you and the team enough.

Michael S.

LATEST NEWS AND ARTICLES

February 19, 2026
Wall Street Journal Analysis Questions Investor Gains Following DuPont's Decade-Long Breakup

A Wall Street Journal analysis has raised questions about investor returns following DuPont’s multi-year corporate restructuring, which divided the historic conglomerate into multiple independent companies.

February 18, 2026
American Portfolios Ordered to Pay $4.6 Million in Restitution Over Cash Sweep Program Disclosures

The Financial Industry Regulatory Authority (FINRA) has ordered American Portfolios Financial Services to return $4.6 million to customers and pay monetary sanctions after determining that the firm overcharged investors and failed to properly disclose how it generated revenue through a cash sweep program.

February 17, 2026
FINRA Fines Kingswood Capital Partners $150,000 for Supervisory Failures in GWG L Bond Sales

The Financial Industry Regulatory Authority (FINRA) censured and fined San Diego–based broker-dealer Kingswood Capital Partners $150,000 after finding supervisory failures tied to sales of high-risk GWG L bonds.