August 27, 2018 Comments (0) Blog, Current Investigations

Quest Rare Minerals LTD – Investigating Potential Claims

Quest Rare Minerals LTD

Securities Investigation- Quest Rare Minerals LTD

Are you concerned about your investment in Quest Rare Minerals LTD? 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.

Quest Rare Minerals Ltd. focuses on the exploration, evaluation, and development of rare earth element deposits in Canada, according to Bloomberg.

According to SEC filings, Quest Rare Minerals LTD filed a Form D to raise capital from investors in 2014. The offering type was equity and option or warrant.

Investments such as these 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 Quest Rare Minerals LTD 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.

Investigating Potential Claims

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk private placements, like Quest Rare Minerals LTD 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 Quest Rare Minerals LTD 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 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, visithttps://www.whitesecuritieslaw.com.