Investigating Claims involving TCF13 Watermark Multifamily Fund LLC?
Are you concerned about your investment in TCF13 Watermark Multifamily Fund LLC? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
TCF13 Watermark Multifamily Fund LLC, based in Ankeny, IA, is a limited liability company organized in 2018, according to a Form D filed with the SEC. The total amount of the offering sold to investors was purportedly $9,557,378.
Limited liability companies, like TCF13 Watermark Multifamily Fund LLC, generally involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Interests in limited liability companies (LLC) are often sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
Unfortunately, some brokers may have downplayed the risks associated with alternative investments and misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling interests in limited liability companies may have provided some brokers with enough incentive to push the product to unsuspecting investors.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment, they may be liable for investment losses
Free Consultation with a Securities Attorney
To determine whether you may be able to recover investment losses incurred as a result of your purchase of TCF13 Watermark Multifamily Fund LLC, please contact The White Law Group at 1-888-637-5510 for a free consultation.
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 firm, please visit www.WhiteSecuritiesLaw.com.