April 25, 2018 Comments (0) Blog, Current Investigations

Videology, Inc. (fka TidalTV) – Securities Investigation

Videology

Investigating Potential Claims – Videology

Are you concerned about your investment in Videology, Inc.? 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.

According to Wikipedia, Videology is an advertising software company based in New York City. It was founded in 2007 as Tidal TV and launched a Hulu competitor in 2008.

Videology is rumored to be seeking a buyer after a recent corporate restructure in late 2017 which has resulted in it losing 5-6% of its global headcount.

The cutbacks have reportedly impacted its workforce in the US, APAC and Europe.

According to SEC filings, Videology Inc. (TidalTV) has filed Form D to raise capital from investors several times between 2009 and 2013. According to the most recent filing in 2013, the total offering amount was $68,279,712, and the amount sold was $68,279,712.

Investments such as these are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.

The problem with private placement investments such as Videology Inc. is that they typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.

Free Consultation with a Securities Attorney

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk private placements, like Videology, Inc. to investors.

Despite the risks of investing in private placements, 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 Videology Inc. 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, visithttp://www.whitesecuritieslaw.com.