Have you suffered losses investing in PIMCO StocksPLUS Short Fund? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.
According to Bloomberg, PIMCO StocksPLUS Short Fund is an open-end fund incorporated in the USA. The Fund’s objective seeks total return which exceeds that of its benchmark index consistent with prudent investment management. The Fund invests equity derivatives backed by a portfolio of fixed income securities.
Unfortunately for investors, the fund has lost more than half its value over the last few years.
The White Law Group is investigating the liability that brokerage firms may have for recommending high risk investments like the PIMCO StocksPLUS Short Fund.
Brokerage firms are required to perform adequate due diligence on the investments they recommend to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
If you suffered losses investing in PIMCO StocksPLUS Short Fund and would like a free consultation with a securities attorney, please call The White Law Group at 1-888-637-5510.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.