Recovery of Investment Losses in Thoughtful Media Group
Have you suffered losses investing in Thoughtful Media Group? If so, The White Law Group may be able to help you recover your losses through FINRA Arbitration.
According to Bloomberg, Thoughtful Media Group, Inc., a multi-channel network, produces content across multiple platforms in the United States and Asia. The company offers audience targeting and lead generation solutions. Additionally it provides branding, integration, and video advertising services. The company caters to marketers and advertisers. Thoughtful Media Group, Inc. was incorporated in 2010 and is headquartered in Sherman Oaks, California with additional offices in Shanghai, China; and Ho Chi Minh City, Vietnam.
The Trouble with Reg D Private Placements
According to SEC filings, Thoughtful Media Group raised capital in 2014-2016, through Form D private placement investments.
The trouble with alternative investment products, such as Thoughtful Media Group offerings, is that they involve a high degree of risk and are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks and bonds.
The White Law Group is investigating the liability that brokerage firms may have for selling private placements such as those offered by Thoughtful Media Group.
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.
However, another unfortunate by product of Reg D private placements is that the high sales commission brokers earn for selling such products may provide some brokers with enough incentive to push the product to unsuspecting investors who do not fully understand the risks of these types of products.
If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Thoughtful Media Group or another private placement investment, 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.