FS Global Credit Opportunities Fund A – Investment Losses
Are you concerned about your investment in FS Global Credit Opportunities Fund A? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
FS Global Credit Opportunities Fund A is an unlisted, closed-end fund, according to its website. The fund reportedly invests primarily in global corporate credit, including loans, bonds and other credit instruments that companies use to finance their operations.
The company filed a Form D (private placement) notice of exempt offering of securities in 2013 to raise capital from investors. The total offering amount sold was $ 41,865,528.
This week, Central Trade & Transfer offered shares of FS Global Credit Opp. Fund A for just $5.75 per share. This could mean a loss for investors since the original offering price was $10.00/share. According to the company’s website, the current Net Asset Value (NAV) is estimated at $7.63/share as of March 6, 2019.
Investigating Potential Lawsuits
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending alternative investment products like FS Global Credit Opportunities Fund A to investors.
Private placements are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must 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.
Despite the risks of investing in this type of alternative investments, brokerage firms continue to push investments such as FS Global Credit Opportunities Fund A because of the high commissions associated with their sale and creation.
If you are concerned about your investment in FS Global Credit Opportunities Fund A LP and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510 for a free consultation.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, please visit https://www.whitesecuritieslaw.com
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.