March 11, 2019 Comments (0) Blog, Current Investigations

Hancock Park Corporate Income Investigation

Hancock Park Corporate Income Investigation, Featured by Top Securities Fraud Attorneys, The White Law Group

Hancock Park Corporate Income Securities Investigation

Are you concerned about your investment in Hancock Park Corporate Income? 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.

Hancock Park Corporate Income, Inc. is a closed-ended business development company specializing in middle-market companies through senior secured loans including first-lien, second-lien and unitranche loans as well as subordinated debt in the United States, according to Bloomberg.

The company filed a Form D to raise capital from investors in 2016. 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%. In this case, the fees were estimated at 7% sales commissions and 3% dealer manager, according to the Form D.

The problem with private placement investments such as Hancock Park Corporate Income 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 improperly recommending high-risk private placements, like Hancock Park Corporate Income to investors.

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. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.

If you have concerns regarding your investment in Hancock Park Corporate Income 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, visit https://www.whitesecuritieslaw.com.

 

 

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