CUR Media, Inc. (CURM) Shareholders may have claims
Are you concerned about your investment losses in CUR Media, Inc. (CURM)? 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.
CÜR Media, Inc. reportedly engages in developing and commercializing a “streaming music experience for listening on the web and mobile devices,” according to MarketWatch. It operates through CÜR Music brand, an internet music service. The company filed a form D to raise capital from 126 investors in 2015, according to filings with the SEC. The total offering amount sold was purportedly $3,233,502.
According to the most recent filings with the SEC, in December 2018, the company was currently assessing its options for “continuing as a going concern.”
At that time, the Company did not have sufficient cash to meet its operating needs and was seeking sources of financing in order to support its operations. The company noted in the filings that “if adequate funds are not available on acceptable terms, or at all, the Company will need to further curtail operations, or cease operations completely.”
Filing a Complaint against your Brokerage Firm
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 tech investments such as CUR Media, Inc. is that they typically involve a high degree of risk. 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 CUR Media, Inc., 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.