Have you suffered losses investing with Passco Diversified Development Fund III? 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 their website, PASSCO Companies, LLC is a real estate investment firm specializing in the acquisition, development, and management of multifamily and commercial properties throughout the U.S.
The White Law Group is investigating the liability that brokerage firms may have for recommending high risk investments like Passco Diversified Development Fund III.
Brokerage firms that sell such products are required to perform adequate due diligence on the investments 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 Passco Diversified Development Fund III and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.