Securities Investigation Involving Trinity Hickory Ridge Investors LLC
The White Law Group is investigating potential securities claims involving Trinity Hickory Ridge Investors LLC, a private placement investment formed in 2022 and based in Southlake, Texas.
According to a Form D filed with the Securities and Exchange Commission, the company launched a Regulation D Rule 506(b) offering to raise $60 million. As of the filing, the issuer reported selling over $46.5 million of the securities to 367 investors, including 8 non-accredited investors.
Broker-dealers involved in the offering included TPEG Securities LLC (CRD# 146726) and Arete Wealth Advisors LLC (CRD# 145488). The filing also indicates that more than $3.2 million in sales commissions were paid in connection with the offering.
Risks of Private Placement Investments
Like many Regulation D offerings, Trinity Hickory Ridge Investors LLC may present significant risks to retail investors:
- Illiquidity: Private placements are not traded on public exchanges and may be difficult to resell.
- High Commissions: Brokers reportedly earned more than $3.2 million in commissions, which may create conflicts of interest.
- Lack of Transparency: Unlike publicly traded investments, private placements provide limited public reporting.
- Suitability Concerns: These high-risk securities may not be appropriate for conservative investors, such as retirees.
Brokers’ Duty to Investors
Broker-dealers have a duty to ensure that investments they recommend are suitable for each client’s risk tolerance, investment objectives, and financial situation. When firms fail to conduct adequate due diligence or recommend unsuitable products, they may be liable for investor losses.
Recovery Options for Investors
If you invested in Trinity Hickory Ridge Investors LLC and suffered losses, you may be able to pursue recovery through a claim against your brokerage firm. These claims are often filed through FINRA arbitration, which is generally more efficient and cost-effective than traditional litigation.
Free Consultation
The securities attorneys at The White Law Group represent investors in FINRA arbitration claims throughout the country. If you have concerns about your investment in Trinity Hickory Ridge Investors LLC, please call (888) 637-5510 for a free consultation.
For more information, visit us online at www.whitesecuritieslaw.com.
FAQs
What is Trinity Hickory Ridge Investors LLC?
It is a Texas-based private real estate investment company that raised capital through a $60 million Regulation D offering.
How much was raised in the offering?
According to the SEC filing, over $46.5 million was sold to 367 investors.
What can I do if I lost money in this investment?
Investors may be able to recover losses by filing a claim against the brokerage firm that sold the investment, often through FINRA arbitration.
