Concerned about investment losses with LaeRoc Income Fund 007 LP?
Have you suffered investment losses in a LaeRoc Income Fund 007 LP? If so, The White Law Group may be able to help you recover your losses through FINRA arbitration.
LaeRoc Funds is a real estate investment firm. According to the firm’s website, LaeRoc focuses on income producing properties in the western US with a concentration in southern California. The company has created 14 different real estate funds.
The White Law Group continues to investigate potential securities fraud claims against the broker-dealers that improperly or unsuitably recommended private placements such as LaeRoc Income Fund 007 LP.
Private Placement Risks
Real estate private placements, like LaeRoc Income Fund 007 LP, are volatile illiquid investments intended for accredited investors and high net worth individuals. Investors depend and trust that their broker-dealer is performing the necessary due diligence to ensure that the investment is appropriate given the investors age, risk tolerance, and finical objectives before making recommendations.
However, many broker-dealers fail to uphold their fiduciary duty when recommending private placements, likely to earn the high commission paid out when they sell the investment. The sales commission a broker-dealers earns is often 3 to 4 times higher than traditional stock.
The high risks and lack of liquidity in real estate private placements, like LaeRoc Income Fund 007 LP, make them unsuitable for many investors. Brokerage firms that sell these types of investments are required to perform adequate due diligence to ensure that the investment has a reasonable likelihood of success and to take into account an investors age, risk tolerance, and financial objectives when making investment recommendations.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of LaeRoc Income Fund 007 LP, please contact The White Law Group at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.