ATEL Growth Capital Fund VI Securities Investigation
Did you lose money investing in ATEL Growth Capital Fund VI LLC? If so, the attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
According to a Form-D filed with the SEC, ATEL Growth Capital Fund VI is a limited liability company organized in 2012 and promoted by Atel Capital Group.
Limited liability companies, like ATEL Growth Capital Fund 9, involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Interest in limited liability companies (LLC) are typically sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
The White Law Group is investigating the liability that brokerage firms may have for recommending ATEL Growth Capital Fund VI to investors.
Are Alternative Investments Suitable for you?
Unfortunately, some brokers may have downplayed the risks associated with alternative investments. They often misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling such products, as high as 9% according to ATEL Growth Capital Fund VI Form- D, may have provided some brokers with enough incentive to push the product to unsuspecting investors.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations. They must ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker makes an unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
If you suffered investment losses in ATEL Growth Capital Fund VI, the White Law Group may be able to help you. Please call The White Law Group at 1-888-637-5510 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 Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.