Have you suffered investment losses in FS Investment Corporation II? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
According to SEC filings, FS Investment Corporation II, in connection with the offer by the Company to purchase up to 7,929,117 shares of the Company’s issued and outstanding common stock, on June 29, 2016, and a total of 2,874,151.207 Shares were validly tendered and not withdrawn pursuant to the Offer and the Company purchased all 2,874,151.207 shares validly tendered and not withdrawn at a price equal to $8.55 per Share.
Unfortunately for many investors, it appears that the tender offer price would represent a significant loss on their capital investment.
The White Law Group is investigating potential claims against the broker dealers that sold high risk investments, like FS Investment Corporation II, onto unsuspecting investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be appropriate in light of the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses in a FINRA arbitration claim.
If you have invested in FS Investment Corporation II and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 for a free consultation.
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 Vero Beach, Florida. To learn more about The White Law Group visit www.whitesecuritieslaw.com.