EJF Debt Opportunities Fund Investigation
Are you concerned about your investment in the EJF Debt Opportunities Fund? If so, and you purchased the investment at the recommendation of a financial advisor, 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 the Wall Street Journal on March 31, Hedge fund EJF Capital LLC reportedly told clients “it was suspending redemptions from one of its funds for the foreseeable future because it didn’t want to be a forced seller in what it called “dysfunctional” credit markets.”
The company reportedly told clients in a letter Friday it was preventing investors from withdrawing their money from its $2.5 billion EJF Debt Opportunities Fund.
The White Law Group is investigating the liability that brokerage firms may have for improperly recommending high-risk investments like EJF Debt Opportunities Fund to its clients.
Broker dealers are required to perform adequate due diligence on all investment recommendations to 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. Advisors are also required to disclose all risks.
Fortunately for investors, FINRA provides an arbitration forum for investors to resolve disputes and if a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they can be found liable for investment losses in a FINRA arbitration claim.
Free Consultation with a Securities Attorney
If you are concerned about your investment in EJF Debt Opportunities Fund, 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.