Recovery of Investment losses in PASSCO Reserve at River Park S LLC Tenants in Common
Are you concerned about investment losses in PASSCO Reserve at River Park S LLC Tenants in Common? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
According to its Form D SEC filing, PASSCO Companies LLC applied for several offerings including PASSCO Reserve at River Park S LLC Tenants in Common in Irvine, CA. The Form D was filed in 2009.
PASSCO Reserve at River Park S LLC Tenants in Common is a TIC. A Tenancy-in-Common investment (also known as a Tenant in Common or TIC) is defined as a tenancy in which two or more parties share ownership of property but have no right to each other’s interest (as upon the death of another tenant).
It’s important to understand the potential risks, costs, and advantages of a Tenancy-in-Common before investing. Generally offered as a 1031 exchange tax deferral, financial professionals often misrepresent the risks and benefits of these investments. Moreover, the investments are often marketed to conservative and retired investors.
Is a Tenancy-in-Common investment suitable for you?
The financial advisor should ensure that the investment that is being recommended is suitable for their clients. Liquidity needs, time horizon, risk tolerance, age, income, are just a few categories an advisor should take into account prior to recommending any investment. The brokerage firm must ensure that due diligence was completed at every level of each investment.
Recovery of Investment Losses
If you have suffered losses as a result of a financial advisor’s misleading representations of PASSCO Reserve at River Park S LLC Tenants in Common, or another PASSCO Companies LLC TIC, the securities attorneys of The White Law Group may be able to help you recover the investment losses through FINRA arbitration.
For a free consultation with a securities attorney, please call 888-637-5510.
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 and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.