Have you suffered investment losses in the Highland Floating Rate Fund? If so, The White Law Group may be able to help.
The White Law Group is investigating potential securities fraud claims on behalf of investors involving broker-dealers recommendation that investors purchase risky investments, including the Highland Floating Rate Fund.
The Financial Industry Regulatory Authority (FINRA) recently issued an “investor alert” to warn investors who may be attracted to the high return promised by floating rate funds. In promoting these investments, FINRA expressed concern about brokers who downplay the potential risks while emphasizing the higher returns.
Highland’s sales literature claims that its floating rate funds seek “capital preservation and the management of credit risk while utilizing leverage to increase yield potential.” Investors were no doubt attracted to the Highland Floating Rate Funds because the fund supposedly offered a nice income stream without substantial risk. Unfortunately for investors the fund invested heavily in loans that were rated as below investment grade or “junk.”
To determine whether you may be able to recover investment losses incurred as a result of your purchase of the Highland Floating Rate Fund, please contact The White Law Group at 312-238-9650.
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 Boca Raton, Florida.
For more information on The White Law Group, visit https://www.whitesecuritieslaw.com.