Investigating Potential Claims Involving NYPA Fund II LLC
Did you lose money investing in NYPA Fund II LLC at the recommendation of your broker? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
NYPA Fund II is based out of New York. The firm last filed a Form D (private placement) notice of exempt offering of securities on 5-22-2012. The filing was for pooled investment fund interests: venture capital fund.
Investing in Reg D Private Placements
Private placements under Regulation D are a means for smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC. These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling alternative investment products like NYPA Fund II LLC to their clients.
Despite the risks of investing in this type of alternative investments, 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. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
If you have concerns regarding your investment in NYPA Fund II LLC or another private placement investment 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, 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 and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.