Have you suffered losses investing in 1 Global Capital (1st Global) or 1 West Capital? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses through FINRA Arbitration.
1 Global Capital LLC (1st Global) and 1 West Capital LLC claimed to offer investors low-risk, high-return investments that 1st Global would use to fund merchant cash advance deals, according to sources.
According to reports, 1 Global Capital LLC, (“1st Global Capital”), the cash advance company, is a separate, unrelated company from 1st Global Capital Corp., the independent broker-dealer based in Dallas.
1 Global Capital and its affiliate, 1 West Capital reportedly filed for Chapter 11 Bankruptcy protection on July 28 “in order to address a sudden and acute liquidity crisis and to preserve their assets and business operations for the benefit of the individual lenders and all other constituencies,” according to the joint motions.
This “liquidity crisis” reportedly stemmed from the SEC’s investigation of 1 Global Capital LLC (“1st Global”), and its owner, for alleged securities law violations which include the alleged offer and sale of unregistered securities, the alleged sale of securities by unregistered brokers, and the alleged commission of fraud in connection with the offer, purchase, and sale of securities.
The White Law Group is investigating potential claims involving 1 Global Capital and 1 West Capital and the liability that sales agents may have for improperly recommending these investments.
For more information on the firm’s investigation involving 1st Global Capital, visit 1 Global Capital LLC – Securities Fraud Investigation.
If you are concerned about investment losses in 1 Global Capital (1st Global) and/or 1 West Capital, the securities attorneys at The White Law Group may be able to help you. For a free consultation with a Contingency Fee Attorney, please call our offices 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 Vero Beach, Florida.
For more information on The White Law Group, please visit www.WhiteSecuritiesLaw.com.