Have you suffered losses investing in Empire Residential Opportunity Fund III ? If so, The White Law Group may be able to help.
According to a Form-D filed with the SEC, Empire Residential Opportunity Fund III is a limited liability company organized in 2009. Empire Residential Opportunity Fund III, LLC owns and operates residential properties. The company is based in Scottsdale, Arizona.
The White Law Group is investigating the following Empire offerings, among others:
EMPIRE REAL ESTATE ASSET FUND LLC
EMPIRE RESIDENTIAL ARBITRAGE FUND I LLC
EMPIRE RESIDENTIAL COMMUNITIES FUND II LLC
EMPIRE RESIDENTIAL COMMUNITIES FUND III LLC
Empire Residential Opportunity Fund II LLC
Empire Residential Opportunity Fund III LLC
EMPIRE RESIDENTIAL OPPORTUNITY FUND IV LLC
Empire Residential Opportunity Fund LLC
Limited liability companies, like Empire Residential Opportunity Fund III , 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 Empire Residential Opportunity Fund III or other Empire offerings, 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.