November 13, 2016 Comments (0) Blog, Current Investigations

Cypress Equipment Fund 13 Liquidation and Losses

churning
(Last Updated On: June 27, 2017)

Cypress Equipment Fund 13 Investment Losses

Are you concerned about your investment losses in Cypress Equipment Fund 13? If so, the securities attorneys at The White Law Group may be able to help by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.

In a recent letter to investors in October, the Cypress Equipment Fund 13 did not make a distribution for quarter ending September 30, 2016.

The letter also states that The Fund has two remaining assets: an interest in the platform supply vessel, Seabulk Asia and an investment in the equity ownership of Cypress Income Fund V. It is anticipated that Cypress Income Fund V will be liquidated and dissolve and won’t generate any return. At that point, the Cypress Equipment Fund 13 will also be dissolved. This is unfortunate news for investors.

The White Law Group continues to investigate the liability that FINRA registered brokerage firms may have for improperly selling high-risk private placements such as Cypress Equipment Fund 13 and Cypress Income Fund V.

Brokerage firms have a fiduciary duty to perform adequate due diligence on any investment they recommend and may be help responsible for failing to perform adequate due diligence on this offering.

For more information on The White Law Group’s investigation of Cypress investments, see Recovery of Cypress Leasing Investment Losses.

Recovery of Investment Losses

If you invested in a Cypress Equipment Fund 13 or another Cypress investment and would like to speak with a securities attorney regarding your litigation options, please call The White Law Group at 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 White Law Group, visit the firm’s website at http://www.whitesecuritieslaw.com.