Recovery of Investment Losses in Eudora Global LLC
Have you suffered losses investing in Eudora Global LLC? If so, The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
Eudora Global LLC is a limited liability company organized in 2011, according to a Form-D filed with the SEC. The firm’s business is listed as other. The company is based in Glen Carbon, IL.
The Trouble with Reg D Private Placements
Reg D private placements, like Eudora Global LLC, generally involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Interests in private placements are often sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
Unfortunately, some brokers may have downplayed the risks associated with alternative investments and misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling interests in private placements may have provided some brokers with enough incentive to push the product to unsuspecting investors.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker makes an unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
The White Law Group is investigating the liability that brokerage firms may have for recommending this investment.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Eudora Global LLC or another private placement, please contact 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 Franklin, Tennessee. For more information on the firm, visit www.WhiteSecuritiesLaw.com.