Investor Alert: ECO Integrated Technologies
Are you concerned about your investment in ECO Integrated Technologies? If so, the securities attorneys at The White Law Group may be able to help you.
According to Bloomberg, ECO Integrated Technologies, Inc., a development stage company, intends to develop and commercialize a portfolio of state-of-the-art and environmentally friendly waste handling and treatment solutions by establishing facilities and contracting with governmental and private industry entities to convert waste streams into commercial by-products.
The company was formerly known as Eco Waste Conversion Solutions Corporation and changed its name to ECO Integrated Technologies, Inc. in December, 2014. ECO Integrated Technologies, Inc. was incorporated in 2013 and is based in Irvine, California.
According to recent SEC administrative order, ECO Integrated Technologies, Inc. is delinquent in its periodic filings with the Commission. The company has not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2015, which reported a net loss of over $4.57 million for the prior nine months.
Investigating Potential Claims
The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended ECO Integrated Technologies to investors.
Broker-dealers have a legal obligation to act in the best interest of their clients and have to demonstrate adequate due diligence on an investment before recommending the investment to a client. Furthermore, recommendations should be consistent with an individual’s age, risk tolerance, financial objectives, and investment knowledge.
Broker-dealers that have not done their fiduciary duty or adequately disclose the risks when selling investments may be held liable for damages lost through FINRA arbitration claims.
If you are concerned about your investment in ECO Integrated Technologies, The White Law Group may be able to help you. 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 White Law Group, visit http://whitesecuritieslaw.com.