Have you suffered losses in Genesis Special Opportunity LP or Genesis Special Opportunity (QP), LP? If so, The White Law Group may be able to help recover your investment losses.
According to forms filed with the SEC, the Genesis Special Opportunity funds are both hedge funds that were launched in 2008. The hedge funds were sold as limited partnerships to investors.
Hedge funds employ various complicated trading strategies in an effort to maximize returns. These trading techniques involve a high degree of risks which causes hedge fund returns to be extremely volatile. In addition, hedge funds are often sold as limited partnerships, which are exempt from registration with the SEC and they are largely unregulated. As such, hedge funds are intended for institutional and sophisticated investors who can risk significant financial losses.
When brokerage firms sell limited partnerships they are required to perform the necessary due diligence to determine if the investment is appropriate for their client. They are also expected to take into account their client’s age, investment experience, net worth, financial objective, and risk tolerance in order to make appropriate and suitable investment recommendations. To the extent that some brokerage firms sold Genesis Special Opportunity LP or Genesis Special Opportunity (QP), LP without performing adequate due diligence, they may be liable for investment losses.
If you invested in the Genesis Special Opportunity Fund and would like to speak to a securities attorney to discuss your litigation options, please call The White Law Group 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.
To learn more about The White Law Group, please visit www.WhiteSecuritiesLaw.com.