Did you invest in ClearEdge Power? If so, The White Law Group may be able to help you recover your investment losses.
According to a Greentechmedia.com report, ClearEdge Power’s core product was a proton exchange membrane (PEM) fuel cell used primarily for residential and small commercial applications. The PEM fuel cell reportedly used to generate excess heat that could be used for hot water and forced hot air.
Unfortunately for investors, recent reports suggest that ClearEdge Power may file for bankruptcy. As such, The White Law Group is currently investigating the liability that brokerage firms may have for improperly recommending ClearEdge Power to their clients.
Brokerage firms are required to perform adequate due diligence on any investment they recommend. In order to determine suitable investment recommendations, brokerage firms must take into account a client’s age, investment experience, net worth, and investment objectives. To the extent that some brokerage firms failed to perform adequate due diligence or makes unsuitable investment recommendations, the firm may be held liable for any resulting losses in a FINRA arbitration claim.
If you invested in ClearEdge Power and would like to speak to a securities attorney about your litigation options, please call The White Law Group at 312-238-9650 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago Illinois and Boca Raton, Florida.
For more information on The White Law Group and the firm’s securities fraud practice visit www.WhiteSecuritiesLaw.com