# Bronstein, Gewirtz & Grossman LLC Announces Filing of Securities Class Action Lawsuit Against Phoenix American Hospitality, LLC, American Hospitality Properties REIT, Inc., American Hospitality Properties REIT II, Inc., and William Lee Nelson

Canonical page: https://sequoia-research.com/news/bronstein-gewirtz-grossman-llc-announces-filing-of-securities-class-action-lawsuit-ag-409e9c95

Author: Sequoia Research
Published: 2026-10-16T22:42:52.574Z
Updated: 2026-10-16T23:20:01.465Z
Original source: [PR Newswire](https://www.prnewswire.com/news-releases/bronstein-gewirtz--grossman-llc-announces-filing-of-securities-class-action-lawsuit-against-phoenix-american-hospitality-llc-american-hospitality-properties-reit-inc-american-hospitality-properties-reit-ii-inc-and-willia-302888974.html)
Source published: 2026-09-28T16:00:00.000Z
Type: Press release
Topics: REITs

Bronstein, Gewirtz & Grossman announced a securities class action involving Phoenix American Hospitality, two American Hospitality Properties REIT entities and William Lee Nelson. The firm's release describes a proposed investor class covering securities purchases from March 1, 2022 through July 31, 2024.

The complaint alleges misleading statements or omissions about business operations. Those assertions are allegations from the plaintiffs' side and are not findings of wrongdoing. The release identifies November 16, 2026 as the stated deadline to seek lead-plaintiff status and directs investors to the law firm's case materials.

[Read the original](https://www.prnewswire.com/news-releases/bronstein-gewirtz--grossman-llc-announces-filing-of-securities-class-action-lawsuit-against-phoenix-american-hospitality-llc-american-hospitality-properties-reit-inc-american-hospitality-properties-reit-ii-inc-and-willia-302888974.html)

## Research considerations

REIT news can cover acquisitions, operating results, distributions, capital raising, and liquidity. Publicly traded and nontraded structures can have different reporting and liquidity arrangements. Identify the actual vehicle before comparing an announcement with other investments.

- Which REIT or portfolio is covered, and what period does the announcement describe?
- How do the reported figures relate to debt, operating performance, distribution coverage, and liquidity?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

## About Sequoia Research

Sequoia Research, LLC is an independent real estate investment research firm providing analysis of Delaware Statutory Trusts (DSTs), Tenant in Common (TIC) investments, Opportunity Zone Funds, and mineral rights and royalties.

Explore our reports for property and sponsor analysis, financial assumptions, risks, and comparison scorecards. News inclusion does not imply that a report on the particular investment is available.

[Investment research library](https://sequoia-research.com/sequoia-all-1031.html)
[Brokerage research](https://sequoia-research.com/sequoia-1031-dst-broker-rankings.html)
[Coverage policy](https://sequoia-research.com/news/about)
[Research disclosures and terms](https://sequoia-research.com/terms.html)