April 29, 2016 Comments (0) Blog, Securities Fraud

Third Avenue Focused Credit Fund Tender Offer

(Last Updated On: April 29, 2016)

Have you suffered investment losses in Third Avenue Focused Credit Fund? If so, the securities attorneys of 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.

Third Avenue Focused Credit Fund is an open-end fund incorporated in the USA. The Fund’s seeks long-term total return. The Fund invests under normal circumstances at least 80% of it’s assets in bonds and other types of credit instruments.

According to a letter sent out to investors, even though Third Avenue has stopped redemptions, you can still get your cash out of Third Avenue Focused Credit Fund and regain control of your money by accepting MacKenzie Capital Management, LP offer of $2.00 per Share. Unfortunately for many investors, this would be a significant loss on their capital investment.

The White Law Group is investigating potential claims against the broker dealers that sold high risk investments, like Third Avenue, onto unsuspecting investors.

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be inline with the investor’s age, risk tolerance, net worth, and investment experience.

Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.

If you have invested in Third Avenue Focused Credit Fund and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 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 Vero Beach, Florida. To learn more about The White Law Group visit www.whitesecuritieslaw.com.