Egaceutical Corp. – Investigating Potential Claims
Are you concerned about your investment in Egaceutical Corp.? 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.
Egaceutical Corp. is a research company that claims to “demonstrate human age reversal in humans with a triple therapy called EGA®,” according to Crunch Base.
The company filed a Form D to raise capital from investors in 2015, according to filings with the SEC. The total offering amount was purportedly $25,000,000. According to the REG D, the placement agent “is receiving 10% sales commission plus 3% non-accountable expense allowance, and $50,000 for general solicitation.”
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly recommending high-risk investments to investors.
The problem with medical technology investments such as Egaceutical Corp. is that they typically involve a high degree of risk. The research and development process for tech companies often involves costly and lengthy clinical testing trials that yield specific data. If the expected data or end points are not met, that could be bad news for investors.
Without a strong understanding of the company and its basic operations, investors may be looking at serious losses.
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 investment losses in Egaceutical Corp. please call the securities attorneys at The White Law Group for a free consultation 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.