Investigating claims involving Uniprop MHC Income Fund II
Are you concerned about your investment losses in Uniprop MHC Income Fund II? 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.
Uniprop MHC Income Fund II is a limited partnership that acquires, maintains, and operates residential real properties in the United States, according to Bloomberg. Its portfolio consists of manufactured housing communities in Sunshine Village and West Valley. The company is headquartered in Birmingham, Michigan.
The White Law Group continues to investigate the liability that broker dealers may have for unsuitably recommending Uniprop MHC Income Fund II to investors.
Compared to traditional investments, limited partnerships like Uniprop are considerably more complex and involve a high degree of risk. Unfortunately many investors are not made adequately aware of the risks and liquidity problems associated with limited partnerships.
Lack of liquidity is often problematic for many investors. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.
LPSales.com, a secondary market for private placement investments, recently sold shares of Uniprop MHC Income Fund II for $7.85 per unit. The original offering price was $20.00 per unit.
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 in line with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
If you have invested in Uniprop MHC Income Fund II 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.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.