Tr?id=566623520170033&ev=PageView&noscript=1

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
Quotes Bigger

I just wanted to say thanks again for preparing and executing my case in such a professional manner. It was a pleasure to watch two professionals take such pride in their work, as well as becoming personally in tune with your client (Me). I would personally recommend you and your firm to anyone.

John O.

LATEST NEWS AND ARTICLES

1792523173 Law
October 20, 2026
FINRA Orders American Portfolios to Pay $1.6 Million Over Unit Investment Trust Supervision Failures

The Financial Industry Regulatory Authority (FINRA) has ordered American Portfolios, the broker-dealer later absorbed into Osaic, to pay more than $1.6 million in restitution and fines over failures to supervise financial advisors who repeatedly recommended that customers sell unit investment trusts (UITs) before maturity.

1792432258 Law
October 19, 2026
FINRA Bars Former LPL Broker Over Alleged $1.7 Million Customer Theft

The Financial Industry Regulatory Authority (FINRA) has barred former LPL Financial broker Rudy Anguiano after finding that he converted more than $1.7 million from two customers, according to AdvisorHub.

1792164960 Law
October 16, 2026
Ameriprise and Broker Ordered to Pay Edward Jones Nearly $4.8 Million in Trade Secrets Dispute

Ameriprise Financial and broker Cory J.