Have you suffered investment losses investing in Macquarie Equipment Leasing Fund, LLC? If so, 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 their website, Macquarie Asset Management Inc. is the manager of Macquarie Equipment Leasing Fund, LLC (MELF). Macquarie Equipment Leasing Fund provides individual US investors with access to the global equipment leasing, deal origination, asset management, equipment remarketing and funds management expertise of the Macquarie Group.
According to the fund’s prospectus “A purchase of shares involves high risks. You should purchase these securities only if you can afford a complete loss of your investment. Your shares are effectively illiquid and you may not be able to sell your shares. You should be prepared to hold your shares for the life of our fund, which is anticipated to be approximately eight years but may be longer.”
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 in light of the investor’s age, risk tolerance, net worth, and investment experience.
Furthermore, broker dealer often earn extremely high sales commission selling alternative investments such as Macquarie Equipment Leasing Fund, sometimes as high as 15%. Unfortunately, the high sales commissions often provides some broker dealers with enough incentive to overlook suitability requirements.
If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through a FINRA arbitration.
To determine whether you may be able to recover investment losses incurred as a result of your purchase Macquarie Equipment Leasing Fund, please contact The White Law Group at 888-637-5510 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 Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.