Bob Gonser ’s clients obtained a $1.7 million settlement involving the proceeds from a 1031 exchange which were invested into four unsuitable and high risk TIC programs. The TICs were sold pursuant to the misrepresentations the clients would receive monthly distributions and ultimately the underlying TIC properties would sell at a profit. Bob Gonser mediated the case and negotiated the sizeable settlement with the responsible broker dealer less than 10 months after filing the FINRA claim.