Recovery of Investment Losses in California Proton Treatment Center
Did you suffer losses investing in California Proton Treatment Center at the recommendation of your broker? If so, the securities 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.
California Proton Treatment Center, LLC, doing business as Scripps Proton Therapy Center, owns and operates cancer treatment center. The company was incorporated in 2009 and is based in San Diego, California. On March 1, 2017, California Proton Treatment Center, LLC filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.
California Proton Treatment Center filed a Form D in Minden, NV in 2009 to raise capital.
Reg D Private Placement Investments are Risky.
Private Placements are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors. These types of investments 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.
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling alternative investment products like California Proton Treatment Center to their clients.
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.
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 are concerned about your investment in California Proton Treatment Center 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 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.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.