Cardero Resource Corp. Securities Investigation
Are you concerned about your investment in Cardero Resource 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.
According to Bloomberg, Cardero Resource Corp., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. The company primarily explores for copper and silver deposits.
The company filed a Form D to raise capital from investors in 2017.
Investigating Potential Lawsuits
The White Law Group is investigating potential securities fraud claims involving broker dealers who may have unsuitably recommended high risk private placement investments such as Cardero Resource Corp. to investors.
Broker dealers are required to perform adequate due diligence on all investment recommendations. They must ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
Often brokers will misrepresent the basic features of the products – usually focusing on the income potential and tax benefits while downplaying the risks.
A broker or brokerage firm can be held liable if they make an unsuitable investment recommendation or fail to adequately disclose the risks. The Financial Industry Regulatory Authority (FINRA) provides an arbitration forum for investors to resolve such disputes.
If you have suffered investment losses in Cardero Resource Corp. or another private placement investment the securities attorneys at The White Law Group may be able to help you. Please contact The White Law Group at 1-888-637-5510 for a free consultation.
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. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.
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