Have you suffered investment loss in Satellite Multi-Strategy Access Fund? If so the White Law Group may be able to help you recovery your investment losses through a FINRA arbitration claim against the brokerage firm that sold you the investment.
According to SEC files, Satellite Multi-Strategy Access Fund is a pooled investment launched in 2007. The fund apparently raised more than $71 million dollars from investors. UBS was not only the funds sponsor, but the only brokerage firm listed as a seller of the fund.
The White Law Group is investigating potential securities fraud claims on behalf of investors in the Satellite Multi-Strategy Access Fund and other UBS sponsored funds. Specifically, the firm is reviewing the liability that brokerage firms may have for recommending that investors purchase these risky investments.
Brokers dealers that sold Satellite Multi-Strategy Access Fund have a fiduciary duty to disclose all the risks to investors. In addition, brokerage dealers have an obligation to make investment recommendations that are suitable for an individual given their age, net worth, investment experience and objectives, liquidity needs and risk tolerance. Broker-dealers that have not done their fiduciary duty or performed adequate due diligence when selling investments may be liable for investment losses.
If you invested in the Satellite Multi-Strategy Access Fund and would like to discuss your litigation options, please call the securities attorneys at The White Law Group at (312)238-9650 for a free consultation.
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 Boca Raton, Florida.
For more information on The White Law Group, please visit our website at www.whitesecuritieslaw.com.