Have you suffered investment losses in Atel Capital Equipment Fund IX ? 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.
The trouble with leasing equipment funds, like Atel Capital Equipment Fund IX, is that they are complex and inherently risky products. According to Atel’s own prospectus, some of the risk factors included:
— Investors must rely on ATEL to manage the Fund’s business;
— The Fund will pay ATEL substantial fees;
— The Fund has not specified all its equipment investments;
— The Fund’s performance is subject to the risk of lessee defaults;
— The Fund will borrow to buy equipment investments;
— An investor’s ability to sell his Units is limited; and
— The Fund does not guarantee its distributions or the return of investors’ capital.
Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience. Firms that fail to do so, may be held responsible for any losses.
Lack of liquidity is often problematic for many investors. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. According to LPsales.com, a secondary market for private placements, shares of Atel recently sold for $1.31 per unit in September 2015. This represents a significant loss for many investors
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Atel Capital Equipment Fund IX, please contact The White Law Group at 888-637-5510 for a free consultation.
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 firm, visit www.WhiteSecuritiesLaw.com.
Tags: Atel Capital Equipment Fund IX information, Atel Capital Equipment Fund IX investigation, Atel Capital Equipment Fund IX losses, Atel Capital Equipment Fund IX redemption, Atel Capital Equipment Fund IX sales, Atel Capital Equipment Fund IX value Last modified: July 15, 2019