CNL Growth Properties III – Securities Investigation
Are you concerned about your investment in CNL Growth Properties III? 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.
CNL Financial Group Inc is a real estate investment and financial services company that reportedly focuses on properties in the hospitality, retirement, corporate facility, community development, retail and restaurant sectors.
According to SEC filings, the company filed a form D to raise capital from investors in 2018 with the offering CNL Growth Properties III. The total offering amount was purportedly $35,000,000.
The White Law Group is investigating potential securities claims involving FINRA registered brokerage firms who may have unsuitably recommended alternative investments such as CNL offerings to investors.
These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors. They often have high fees and sales commissions, making them an attractive product for financial advisors to sell.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Despite the risks of investing in this type of alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
If you are concerned about your investment in CNL Growth Properties III or another CNL offering, The White Law Group may be able to help. Please call 888-637-5510 for a free consultation with a securities attorney.
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.