Concerned about your investment in the Touchstone MF Fund I LLC?
The White Law Group is investigating potential securities claims involving broker dealers who may have unsuitably recommended high risk alternative investments such as the Touchstone MF Fund I LLC to investors.
According to SEC filings, the company filed a Form D to raise capital from investors with the offering Touchstone MF Fund I LLC in 2016, a real estate fund. The type of securities is purportedly equity and according to the Reg D, the total offering amount sold was purportedly $2,780,000.
Is an Alternative Investment Suitable for you?
Alternative investments are not suitable for all investors, especially those who need liquidity in their investment. Brokerage firms have a responsibility to adequately disclose all risks before selling any investment and must consider suitability factors such as age, financial needs, and risk tolerance to name a few.
However, many brokerage firms overlook suitability regulations set forth by the SEC to earn the high commissions that these types of investments often come with. Sales commissions can range from 6% to 10%, and often come with a 2%- 3.0% dealer manager fee.
Brokerage firms that do not perform adequate due diligences on an investment or demonstrate a breach of fiduciary duty can be held accountable for losses incurred through FINRA arbitration.
If you are concerned about an investment in Touchstone MF Fund I LLC, The White Law Group may be able to help you by filing a complaint against your brokerage firm. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
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 firm, please visit https://www.whitesecuritieslaw.com.