The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended high risk private placement investments such as JHFG Multifamily Opportunity Fund LLC to investors.
JHFG Multifamily Opportunity Fund LLC is a limited liability company organized in 2010 in Newport Beach, CA, according to a Form-D filed with the SEC. The entity is sponsored by JH Financial Group.
Are Alternative Investments Suitable for you?
JHFG Multifamily Opportunity Fund LLC, and other limited liability companies, generally involve a much greater 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.
Additionally, 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 are required to perform adequate due diligence on all investment recommendations. They must 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 your financial advisor makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.
FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.
Are you concerned about your investment in JHFG Multifamily Opportunity Fund LLC or another private placement investment? If so, the attorneys at The White Law Group may be able to help you.
For a free consultation with a securities attorney, please contact The White Law Group at 1-888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.