Investigating Potential Claims: ICoreConnect
Do you have concerns about your investment in ICoreConnect Inc.? If so, the securities attorneys at The White Law Group may be able to help you.
According to Bloomberg, iCoreConnect Inc. builds cloud-based communications systems primarily for the healthcare sector in the United States. It offers cloud based software, healthcare records capture, storage, retrieval, transport, and security related products.
The company reportedly was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. appears to have been founded in 2001 and is headquartered in Winter Garden, Florida, according to Bloomberg.
ICoreConnect Inc. is a revoked Nevada corporation with a class of securities registered with the Commission.
The company is allegedly delinquent in its periodic filings with the Commission. ICoreConnect reportedly has not filed any periodic reports since it filed a Form 10-Q for the period ended March 31, 2015, which allegedly reported a net loss of over $3.86 million for the prior nine months.
The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended ICoreConnect to investors.
Broker-dealers have a legal obligation to act in the best interest of their clients and have to demonstrate adequate due diligence on an investment before recommending the investment to a client. Furthermore, recommendations should be consistent with an individual’s age, risk tolerance, financial objectives, and investment knowledge.
Broker-dealers that have not done their fiduciary duty or adequately disclose the risks when selling investments may be held liable for damages lost through FINRA arbitration claims.
If you are concerned about your investment in ICoreConnect, The White Law Group may be able to help you. For a free consultation with a securities attorney, please call 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, visit https://whitesecuritieslaw.com.