Are you concerned about investment losses in Provasi’s Vertical Capital Income Fund? If so, The White Law Group may be able to help you to recover your losses by filing a FINRA arbitration suit against the brokerage firm that sold you the investment.
Vertical Capital Income Fund, Inc. is a closed-end, continuously offered interval fund that primarily invests in residential whole mortgage loans and residential whole loans secured by deeds of trust. As a closed-end interval fund, it provides limited liquidity on a quarterly basis. The investment objective of the Fund is to seek income.
According to Bloomberg, Vertical Capital Income Fund is a subsidiary of Behringer Harvard Holdings, LLC. As we told you, Behringer Securities LP changed its name to Provasi Capital Partners in October 2015. The name Behringer for many investors is associated with a number of non-traded REITs that cost many investors significant losses.
The White Law Group is investigating the liability that brokerage firms may have for recommending high-risk investments, such as Vertical Capital Income Fund to their clients.
Brokerage firms 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 Provasi’s Vertical Capital Income Fund or another Provasi Capital Investment and would like to discuss 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 arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. The firm represents investors throughout the country in FINRA arbitration claims against their brokerage firm. For more information on the firm, visit http://www.whitesecuritieslaw.com.