Have you suffered losses investing in Bluerock Growth Fund, LLC (formerly BR Berry Hill Nashville, LLC)? If so, 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, Bluerock Growth Fund is a limited liability company organized in 2013 and sponsored by Bluerock Real Estate, LLC. Bluerock Real Estate, according to their website, is a national real estate investment firm headquartered in Manhattan and started in 2002.
Limited liability companies, like Bluerock Growth Fund, generally involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Interests in limited liability companies (LLC) are often sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
Unfortunately, some brokers may have downplayed the risks associated with alternative investments and misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling interests in limited liability companies 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 to 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.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Bluerock Growth Fund or another Bluerock investment, please contact 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.