Investigating Potential Claims involving Uniprop Income Fund II
Have you suffered investment losses in Uniprop Income Fund II? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Uniprop Manufactured Housing Communities Income Fund II, a limited partnership, acquires, maintains, and operates residential real properties in the United States. Its portfolio consists of manufactured housing communities in Sunshine Village and West Valley, according to Bloomberg. The company was founded in 1986 and is headquartered in Birmingham, Michigan.
Risks of Limited Partnership Investments
Compared to traditional investments, such as stocks, bonds and mutual funds, limited partnerships, like Uniprop Income Fund II, are considerably more complex and involve a high degree of risk. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with limited partnerships.
Lack of liquidity is often problematic for many investors. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.
Unfortunately for investors, Central Trade & Transfer, a secondary market for private placements, is currently listing shares of Uniprop for $8.85 per share. That’s significantly less than the original purchase price of $20.00 per share.
The White Law Group has represented numerous investors in claims against the brokerage firm that made unsuitable recommendations to invest in real estate limited partnerships like Uniprop Income Fund II.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
If you have invested in Uniprop Income Fund II and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 for a free consultation.
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 www.whitesecuritieslaw.com.