Recovery of Investment Losses in NantHealth LLC
Have you suffered losses investing in NantHealth LLC? If so, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
NantHealth, Inc. operates as an evidence-based personalized healthcare company. The company engages in converging science and technology through an integrated clinical platform to provide health information at the point of care for critical illnesses. It develops NantHealth solutions, an adaptive learning system, including molecular profiling solution, software, middleware, and hardware systems infrastructure that collects, indexes, analyzes, and interprets various molecular, clinical, operational, and financial data points derived from novel and traditional sources to enhance decision-making. The company was founded in 2010 and is headquartered in Culver City, California. NantHealth, Inc. operates as a subsidiary of NantWorks, LLC.
NantHealth LLC filed a Form D in 2013 for in Los Angeles, CA to raise capital.
The Trouble with Reg D Private Placements
Reg D private placements are a means for companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC. These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.
Despite the risks of investing in private placements, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
The White Law Group is investigating the liability that brokerage firms may have for recommending the NantHealth LLC to their clients.
Broker dealers are required to perform adequate due diligence on all investment recommendations they make. They must 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 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 through FINRA arbitration.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of NantHealth LLC, 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.