December 25, 2019 Comments Off on Crescent Ridge Capital Partners – Investment Losses Blog

Crescent Ridge Capital Partners – Investment Losses

Crescent Ridge Capital Partners – Investment Losses, featured by Top Securities Fraud Attorneys, The White Law Group

Securities Fraud Investigation- Crescent Ridge Capital Partners

Are you concerned about your investment in Crescent Ridge Capital Partners? 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 press announcement on October 23, 2017, a Leesburg, VA man was reportedly sentenced to 10 years in prison for wire fraud in connection with his role in a $9.5 million investment fraud involving the alleged hedge fund Crescent Ridge Capital Partners.

According to the US Attorneys’ office, the hedge fund manager allegedly defrauded over 45 clients between 2012 and 2017. The investors reportedly thought that this individual was a successful trader who consistently beat the S&P500 and was overseeing tens of millions of dollars through his company, Crescent Ridge Capital Partners. Instead, this individual “had no real experience managing a hedge fund, had a history of losing money in the securities market, and was relying on investor money to support his lifestyle and pay personal expenses,” according to the Department of Justice press release.

Securities Fraud Investigation

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending the following offerings:

Crescent Ridge Capital Partners
Crescent Ridge Volatility Fund
Crescent Ridge Energy Fund

Upon information and belief, some FINRA registered representatives reportedly sold Crescent Ridge Capital Partners to investors.

Brokerage firms are required to perform due diligence on any offering they recommend and to ensure that all recommendations made are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.

If a firm fails to perform due diligence or makes an unsuitable recommendation, the broker-dealer can be held responsible for any losses in a FINRA arbitration claim.

FINRA can help resolve problems and disputes through two non-judicial proceedings: arbitration and mediation. FINRA’s Dispute Resolution forum handles nearly all of the securities-related arbitrations and mediations in the United States.

If you have concerns regarding your investment in Crescent Ridge Capital Partners or another Crescent Ridge offering 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 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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