April 5, 2022 Comments Off on Mill Green Opportunity Fund VI LLC Securities Investigation  Blog, Current Investigations

Mill Green Opportunity Fund VI LLC Securities Investigation 

Mill Green Opportunity Fund VI LLC Securities Investigation, featured by top securities fraud attorneys, the White Law Group

Investors may have claims – Mill Green Opportunity Fund VI LLC 

Are you concerned about your investment in Mill Green Opportunity Fund VI LLC? 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. 

Mill Green Partners reportedly sponsors real estate funds that invest in multifamily development projects such as Mill Green Opportunity Fund VI. The fund was launched in July 2019 and was closed in April 2021, raising approximately $49 million to invest in seven multifamily development projects located in Miami, FL, Raleigh, NC, Atlanta, GA, Panama City, FL and Orlando, FL, according to its website.

According to the Reg D filing, the sales commissions and fees on the offering were estimated at more than 10% of the total offering amount.

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%.  

The problem with private placement investments such as Mill Green Opportunity Fund VI LLC is that they 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.   

Investigating Potential Claims 

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk private placements, like Mill Green Opportunity Fund VI LLC to 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. 

If you have concerns regarding your investment in Mill Green Opportunity Fund VI LLC and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510. 

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington. 

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com. 

 

 

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