Illiquid Investment – Cypress Leasing Fund A
Have you suffered losses investing in Cypress Leasing Fund A? If so, the securities attorneys of 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.
From 1985 through 2017, Cypress Financial Corporation was a privately held manager of investment programs focused on equipment leasing, according to its website. At the end of 2016, Cypress Financial Corporation fully dissolved and liquidated the remaining funds for which it acted as manager.
As of December 31, 2017, Cypress Financial Corporation, and all its subsidiaries, were fully dissolved and liquidated. Cypress Financial Corporation no longer exists.
Investors may have Recovery Options.
Cypress sold units of Cypress Leasing Fund A, an equipment leasing funds to raise capital from investors in 2012.
The purchase of these ‘units” are considerably more risky than traditional investments such as stocks, bonds, or mutual funds. Unfortunately brokers may not have adequately explained the risks and liquidity problems to investors.
According to the Form D, brokers earned 6% in sales commission on Cypress Leasing Fund A. This may provide some brokers with enough incentive to push the product to unsuspecting investors. Additionally, some brokers may have downplayed the risks associated with the purchase of LLC units and misled investors into thinking that they were “safe” investments.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
Have you suffered investment losses in Cypress Leasing Fund A? If so, securities attorney at The White Law Group may be able to help you to recover your investment losses. Please call The White Law Group at 1-888-637-5510 for a free consultation.
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 Vero Beach, Florida.
To learn more about the firm, please visit www.WhiteSecuritiesLaw.com.
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Tags: Cypress Leasing Fund A buyback, Cypress Leasing Fund A class action, Cypress Leasing Fund A complaints, Cypress Leasing Fund A distributions, Cypress Leasing Fund A illiquid, Cypress Leasing Fund A investigation, Cypress Leasing Fund A lawsuit, Cypress Leasing Fund A liquidation, Cypress Leasing Fund A liquidity, Cypress Leasing Fund A losses, Cypress Leasing Fund A recovery options, Cypress Leasing Fund A share repurchase, Cypress Leasing Fund A tender offer Last modified: May 13, 2019