Posts tagged ‘Cypress Equipment Fund fraud’
Have you suffered losses in Cypress Leasing? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.
Cypress Financial Corporation is a equipment leasing company based in San Francisco, California. According to its website, Cypress invests in long-lived, core equipment assets that are vital to the transportation, energy, and industrial sectors. In order to raise capital for its offerings, Cypress Leasing has offered “private placements” to the public, which were then offered and sold by certain FINRA registered broker-dealers. Upon information and belief, those offerings include Cypress Equipment Fund VII, Cypress Equipment Fund VIII, Cypress Equipment Fund IX, Cypress Equipment Fund X, Cypress Equipment Fund XI, Cypress Equipment Fund XII, Cypress Equipment Fund 13, Cypress Equipment Fund 14, Cypress Equipment Fund 15, Cypress Equipment Fund 16, Cypress Equipment Fund 17, and Cypress Growth Fund.
The equipment leasing business was impacted by the market decline of 2008. As such, it is believed that many of these offerings have declined in value.
Private placements like the ones offered by Cypress Leasing are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors. Notwithstanding 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.
The White Law Group continues to investigate the liability that FINRA registered brokerage firms may have for improperly selling high-risk private placements, like Cypress Leasing, to their clients.
To speak with a securities attorney regarding your investment in Cypress Leasing, please call The White Law Group at 312/238-9650 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 Boca Raton, Florida.
For more information on The White Law Group, visit the firm’s website athttp://www.whitesecuritieslaw.com.