Concerned About your Empire Village at Carver Mountain Investment?
Are you concerned about your investment in Empire Village at Carver Mountain LLC? If so, the securities attorneys at The White Law Group may be able to help you by filing a claim through FINRA arbitration against the brokerage firm that sold you the investment.
About Empire Village at Carver Mountain LLC
Empire Group is a residential and commercial real estate developer headquartered in Scottsdale, Arizona, focused on the Phoenix metropolitan market. According to a Form D filed with the Securities and Exchange Commission, the company launched Empire Village at Carver Mountain LLC in 2021 as a Regulation D Rule 506(b) private placement.
- Offering size: $30,000,000
- Minimum investment: $25,000
- Total commissions: Estimated at $2,550,000 (8.5% of the offering)
- Broker-dealer of record: Arete Wealth Management, LLC
Risks of Investing in Private Placements
Private placements like Empire Village at Carver Mountain LLC can be extremely risky for retail investors. These offerings are illiquid, meaning they are not publicly traded and may be difficult to sell if you need access to your money. They often involve high commissions and fees — in this case, more than $2.5 million in sales commissions were anticipated — which can create conflicts of interest for brokers. Further, investors receive limited transparency compared to publicly traded securities, and in many cases, these investments can result in the complete loss of principal.
Broker Responsibilities and Potential Claims
Brokerage firms have a duty to conduct due diligence before recommending investments and to ensure that recommendations are suitable based on an investor’s age, financial situation, risk tolerance, and investment experience.
If a broker or financial advisor misrepresented the risks, failed to conduct adequate due diligence, or recommended this complex investment to an unsuitable client, they may be liable for losses.
Investors who purchased Empire Village at Carver Mountain LLC through a broker-dealer such as Arete Wealth Management may be able to pursue recovery of losses through a FINRA arbitration claim.
Free Consultation
If you are concerned about your investment in Empire Village at Carver Mountain LLC, The White Law Group may be able to help. For a free consultation with a securities attorney, please call 1-888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington. To learn more, please visit www.whitesecuritieslaw.com.
FAQs
What is Empire Village at Carver Mountain LLC?
It is a Regulation D private placement real estate investment launched in 2021 by Empire Group, seeking to raise $30 million for a residential development project.
Why are private placement investments considered risky?
They are illiquid, lack transparency, and often involve high commissions that may incentivize brokers to sell them regardless of investor suitability. These risks make them inappropriate for many conservative or retired investors.
Can I recover funds if I invested in Empire Village at Carver Mountain LLC?
Yes, in some cases. If your broker failed to disclose risks, made unsuitable recommendations, or engaged in misconduct, you may be able to recover losses through a FINRA arbitration claim.
