Investigating Potential Claims involving Islet Sciences Inc.
Did you lose money investing in Islet Sciences Inc. at the recommendation of your broker? 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 their website, Islet Sciences Inc. is focused on improving patient outcomes by developing new medicines and technologies for the treatment of metabolic diseases. The Company’s pipeline includes small molecule therapeutics, cell therapy based artificial pancreas, and a molecular diagnostic to detect the onset of insulin dependent diabetes.
According to SEC Filings, Islet Sciences Inc. has filed a Form D to raise capital.
The Trouble with Reg D Private Placements
Private placements are a means for smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC. These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling alternative investment products like Islet Sciences Inc. to their clients.
Despite the risks of investing in this type of alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
If you have concerns regarding your investment in Islet Sciences Inc. or another private placement investment and would like to speak with a securities attorney about your options, please call The White Law Group at 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 White Law Group and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.