Investor Alert: Rockbridge Hospitality Fund VII LP
Rockbridge Hospitality Fund VII LP – High Risk Private Placement Investment
Are you concerned about your investment in Rockbridge Hospitality Fund VII LP? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
RockBridge Capital reportedly invests in hotel properties via first mortgage loans, mezzanine debt, and preferred equity and equity capital, according to its website.
The company filed a form D to raise capital from investors with the offering Rockbridge Hospitality Fund VII LP in 2017. The total amount of the offering was purportedly $500,000,000.
Are High Risk Private Placement Investments Suitable for you?
Investments such as these are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.
Private placement investments typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk private placements to investors.
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. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.
Filing a Complaint against your Brokerage Firm
If you have concerns regarding your investment in Rockbridge Hospitality Fund VII LP you may be able to file a complaint against your brokerage firm. Please call The White Law Group at 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.