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Written by 5:59 pm Blog, Securities Fraud Articles

Recovery of First Trust North American Shale, 8 Losses

Have you suffered losses investing in First Trust North American Shale, 8?  If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

First Trust North American Shale, 8 is a unit investment trust that seeks above-average capital appreciation by investing in energy companies that are involved in the drilling and exploration of shale fields located in North America.  First Trust North American Shale, 8 is down approximately 23.466% since its inception on November 19, 2014.

Structured products are extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives.  Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.

If you suffered losses investing in First Trust North American Shale, 8 and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit https://whitesecuritieslaw.com.

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