Concerned about Investment Losses in ICON Leasing Fund Twelve?
Have you suffered investment losses in ICON Leasing Fund Twelve? 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.
According to their website, ICON Investments is a leading investment manager that provides innovative alternative investment solutions to individual and institutional investors through publicly registered programs, private funds and separately managed accounts. The company often raises money for investments through Reg D private placement offerings like the company did for ICON Leasing Fund Twelve. These Reg D private placements are then typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%
Secondary Market Sales
According to a LPSales.com, a secondary market for non-traded investments, ICON Leasing Fund Twelve sold in April on LPSales’ exchange for $112 per share. Unfortunately for many investors, this sales price would both represent 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 ICON Leasing Fund Twelve, 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 appropriate in light of 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 in a FINRA arbitration claim.
If you have invested in ICON Leasing Fund Twelve 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.