Securities Investigation – BioSig Technologies Inc.
Are you concerned about your investment in BioSig Technologies Inc.? If so, the securities attorneys at 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.
According to Bloomberg, BioSig Technologies, Inc. is a development stage medical device company. The company reportedly engages in developing a proprietary biomedical signal processing technology platform to extract information from physiologic signals. The company was founded in 2009 and is headquartered in Los Angeles, California.
BioSig Technologies Inc. filed a Form D to raise capital from investors from 2011 to 2018 in Los Angeles, CA, according to filings with the SEC.
Regulation D private placements are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.
The problem with private placement investments such as BioSig Technologies Inc. is that they typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
Free Consultation with a Securities Attorney
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk private placements, like BioSig Technologies Inc. to 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.
If you have concerns regarding your investment in BioSig Technologies and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.
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 White Law Group and its representation of investors in FINRA arbitration claims, visithttps://www.whitesecuritieslaw.com.