December 5, 2016 Comments (0) Blog, Current Investigations

Illume Fund LP Investment Losses

FINRA's BrokerCheck
(Last Updated On: June 27, 2017)

 

Investigation of Illume Fund LP Investments

Are you concerned about investment losses in Illume Fund LP? If so, The White Law Group may be able to help you recover your losses by filing a FINRA arbitration suit against the brokerage firm that sold you the investment.

Illume Capital Management, a Connecticut-based manager, launched its maiden hedge fund in April 2010, according to an article in HFM week.

The offering, called the Illume Fund, was billed as a “multi-strategy portfolio with an emphasis on volatility and long/short strategies. It is currently focused on liquid options, convertibles and listed equities”.

The White Law Group is investigating the liability that brokerage firms may have for recommending the Illume Fund to its clients.

Broker dealers are required to perform adequate due diligence on all investment recommendations they make 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 or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.

Recovery of Investment Losses

To determine whether you may be able to recover investment losses incurred as a result of your purchase of Illume Fund LP, 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.