The White Law Group is investigating the potential recovery of investment losses in CNL Senior Housing V.
According to files with the Securities and Exchange Commission (SEC), CNL Senior Housing V was organized as a limited liability company in 2006. The filing describes the company as “investing in a joint venture that will own and operate assisted living facilities.” Units of membership interests were offered in an attempt to raise approximately $25 million.
Membership interests in limited liability companies are typically sold as a type of private placement. Private placements are unregistered securities that lack regulatory oversight compared to more traditional products such as stocks or bonds. They tend to carry a high degree of risk and are intended for sophisticated and institutional investors.
Unfortunately it is not uncommon for brokers to downplay the risks when selling private placements to investors. Private placements are incredibly complex and often illiquid investment that are arguably unsuitable for most investors.
Brokerage-firms and investment adviser’s who sell private placements to unsuitable investors or fail to adequately disclose investment risks can be held accountable for losses suffered through FINRA arbitration.
If you have concerns regarding your investment in CNL Senior Housing V and would like to speak with 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, LLC is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
To learn more about The White Law Group visit, www.whitesecuritieslaw.com.