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iCap Equity, LLC -Loss Recovery Options
November 29, 2023 5:18 PM EST | Source: Menzer & Hill, P.A.
Boca Raton, Florida--(Newsfile Corp. - November 29, 2023) - The Securities Law Firm of Menzer & Hill, P.A. (www.menzerhill.com) announced today that it continues to pursue FINRA arbitration claims against those brokerage firms that sold iCap funds to its clients.
As we've seen with many other issuers of private placements, that have been nothing more than financial disasters for its clients, iCap Equity, LLC and its affiliated entities are no exception. Many independent broker-dealers sold investments affiliated with iCap Equity, LLC to unsuspecting investors, including retirees, but failed to inform such clients that private placements are extremely high-risk investments and are generally unsuitable for most investors.
The truth of the matter is, private placements like iCap, should have never been sold to any investor(s), unless the investor(s) were interested in high-risk and speculation. These alternative products are continually sold to investors, because of the outrageous fees and commissions the broker and broker-dealer receives.
Fortunately, those investors that purchased iCap investments or any other alternative investments may be able to recover their losses through the FINRA arbitration process. Under FINRA rules and regulations, broker-dealers are required to conduct proper due-diligence before recommending such investments to their clients. Furthermore, broker-dealers are required to properly disclose all the risks related to such investments, specifically, that these types of products are extremely speculative and are unsuitable for most investors.
The Securities Law Firm of Menzer & Hill, P.A. has already recovered millions of dollars on behalf of its' clients against those brokerage firms that continue to sell these high-commission, high-risk products, to unsuspecting investors.
For a free case evaluation or to discuss any other investment losses, please contact the Securities Law Firm of Menzer & Hill, P.A., at 888-923-9223, or visit us on the web at www.menzerhill.com.
Contact
The Securities Law Firm of Menzer & Hill, P.A.
Gary Menzer - 888-923-9223
info@menzerhill.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/189159