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

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 2, 2011 -- 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.

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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 visit www.faruqilaw.com/DLA. You can also 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.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Adam Gonnelli, Esq.
agonnelli@faruqilaw.com
Nicholas Moyne, Esq.
nmoyne@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

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