Investigating Potential Claims – Real Industry Inc.
Do you have concerns about your investment in Real Industry Inc., (formerly known as Signature Group Holdings)? If so, the securities attorneys at The White Law Group may be able to help you.
According to Bloomberg, Real Industry, Inc., through its subsidiaries, engages in aluminum melting, processing, recycling, and alloying activities in the United States and internationally. The company operates in two segments, Real Alloy North America and Real Alloy Europe.
On November 17, 2017, Real Industry announced that it had initiated restructuring efforts through the filing of a petition for voluntary Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware.
According to a press announcement, Real Alloy’s operations in the United States were affected by severely tightened liquidity during the past year, due in part to recently constrained trade credit terms, which impeded the company’s ability to timely refinance its $305 million 10% senior secured notes due January 2019 or to expand borrowing capacity under its asset-based lending facility.
Additionally, on December 6, 2017, The Nasdaq Stock Market announced that it would delist the common stock of Real Industry, Inc. The company’s stock was suspended and has not traded on Nasdaq since November 2017.
The company was formerly known as Signature Group Holdings, Inc. and changed its name to Real Industry, Inc. in June 2015.
Do you have concerns about your investment in Real Industry?
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling Real Industry Inc. (formerly known as Signature Group Holdings) to investors.
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 FINRA arbitration.
FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.
If you have concerns regarding your investment in Real Industry Inc. or Signature Group Holdings, The White Law Group may be able to help you. To speak with a securities attorney about your options, please call 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 White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.