Red Oak Capital Fund LLC, Securities Investigation
Are you concerned about your investment in Red Oak Capital Fund? 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.
Red Oak Capital Fund reportedly filed a Form D to raise capital through a real estate offering, according to an SEC filing. The total offering amount was purportedly $30,000,000.
The problem with private placement investments such as Red Oak Capital Fund is that they often involve a high degree of risk. They are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds. Lack of liquidity can also be a problem for investors.
Despite the risks of investing in private placements, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
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. Investment recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Further, Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
Potential Lawsuits to Recover Financial Losses
If you are concerned about your investment in Red Oak Capital Fund, the securities attorneys at The White Law Group may be able to help you. For a free consultation with a securities attorney, please call The White Law Group at 1-888-637-5510.
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. To learn more about The White Law Group visit www.whitesecuritieslaw.com.