Recovery of Investment Losses in H2X Acquisition Partners LLC
Have you suffered losses investing in H2X Acquisition Partners LLC? If so, the attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration Claim against the brokerage firm that sold you the investment.
According to their website, Waveland Capital Group is a merchant bank with core investment focus in the oil and gas industry predominantly by way of limited partnerships. In addition, Waveland invests capital to special private equity opportunities in select sectors such as medical device, health sciences, technology and manufacturing. Waveland was founded in 2000 and is headquartered in Irvine, CA.
The White Law Group is investigating the liability that brokerage firms have for recommending high-risk Reg D investments such as H2X Acquisition Partners LLC.
The firm has handled a number of claims involving Waveland Capital Group. In those claims, the firm has alleged, among other things, that the Waveland investments were (1) high-risk and unsuitable for our clients given their financial situation, needs and investment objectives, (2) that the risks of the investment were not fully disclosed to them, and (3) that the brokerage firms that sold the investments failed to conduct the proper due diligence with respect to the Waveland investments.
The Trouble with Reg D Private Placements
The trouble with reg D private placements, like H2X Acquisition Partners LLC, and other Waveland offerings, is that they involve a high degree of risk and are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks and bonds.
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.
Another problem with Reg D private placements is that the high sales commission brokers earn for selling such products sometimes can provide some brokers with enough incentive to push the product to unsuspecting investors who do not fully understand the risks of these types of investments.
Fortunately, FINRA does provide for an arbitration forum for investors to resolve such disputes and 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 in a FINRA arbitration claim.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of H2X Acquisition Partners LLC, 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. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.