Investigation of LaeRoc Fund
Have you suffered investment losses in a LaeRoc Fund? The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
LaeRoc Funds is a real estate investment firm. According to the firm’s website, LaeRoc focuses on income producing properties in the western US with a concentration in southern California. The company has created 14 different real estate funds.
Given the real estate decline, it is believed that many of LaeRoc funds have suffered substantial declines in value. Additionally, it appears that investors in the LaeRoc 2002 Income Fund, L.P. recently received a letter announcing the dissolution of the fund.
The White Law Group continues to investigate potential securities fraud claims against the broker-dealers that improperly or unsuitably recommended private placements such as LaeRoc Income Fund 007 LP.
Real estate private placements, like LaeRoc Funds, are volatile illiquid investments intended for accredited investors and high net worth individuals. Investors depend and trust that their broker-dealer is performing the necessary due diligence to ensure that the investment is appropriate given the investors age, risk tolerance, and finical objectives before making recommendations.
FINRA recently announced that it is paying close attention to the sale of real estate funds and, in particular, the ways in which broker/dealers marketed and sold the products to investors. In many cases, broker-dealers marketed these investments as safe and secure.
Recovery of Investment Losses
To determine whether you may be able to recover investment losses incurred as a result of your purchase of a LaeRoc Fund, please contact The White Law Group at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.