Recovery of Investment Losses in Sierra Income Corporation
Did you lose money investing in Sierra Income Corporation? 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.
Sierra Income Corporation is a business development company (BDC) specializing in first lien senior secured debt, second lien secured debt and, to a lesser extent, subordinated debt of middle market companies. It invests in companies with annual revenue between $50 million and $1 billion.
Secondary Market Listing
Central Trade and Transfer, a secondary market for private placements, is currently listing shares of Sierra Income Corporation for $6.00/share. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their capital investment of $10.00 share.
The White Law Group is investigating potential claims against the broker dealers that sold high risk investments, like Sierra Income Corporation, 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.
If you have suffered losses investing in Sierra Income Corporation 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.