July 13, 2017 Comments (0) Current Investigations

Corporate Capital Trust Terminates Share Repurchase Program

Corporate Capital Trust
(Last Updated On: July 14, 2017)

Investment Losses in Corporate Capital Trust

Have you suffered investment losses in Corporate Capital Trust? 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.

Corporate Capital Trust is a non-traded business development company (BDC) that provides individuals an opportunity to invest in the debt of privately owned American companies.

Corporate Capital Trust to Terminate SRP

On July 7, 2017, Corporate Capital Trust, Inc. (CCT) announced that pursuant to seeking a listing on the New York Stock Exchange (NYSE) in the next twelve months, CCT will terminate the share repurchase program following the quarterly tender offer in July 2017. CCT further anticipates suspending or terminating the dividend reinvestment plan prior to listing on the NYSE.

Risks of BDCs

Business Development Companies operate much in the same was as REITs (Real Estate Investment Trusts) with non-traded BDCs having many of the same problems for investors as non-traded REITs – like high-risk, high commissions, and lack of liquidity.

The White Law Group has represented a number of investors over the last few years in non-traded REITs as well as BDCs. The firm continues to investigate the liability that brokerage firms may have for recommending high-risk BDCs, like Corporate Capital Trust.

Brokerage firms are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of that particular investor’s age, investment experience, net worth, risk tolerance, investment objectives, and income.  Firms that fail to perform adequate due diligence or that make unsuitable recommendations can be held responsible for investment losses in a FINRA arbitration claim.

If you suffered losses investing in a Corporate Capital Trust or another BDC and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 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 in FINRA arbitration claims throughout the country.  For more information on the firm, visit http://www.whitesecuritieslaw.com.