The White Law Group Files FINRA Arbitration Claim Against Capulent, LLC Over Alleged Unsuitable DST Investments
The White Law Group, a national securities fraud and investor protection law firm, announced that it has filed a FINRA arbitration claim against Capulent, LLC (CRD #155155), a FINRA-member brokerage firm doing business in Washington State.
The FINRA arbitration claim was filed on behalf of a retired couple from Tulalip, Washington, who allege that Capulent, LLC recommended unsuitable, high-risk, and illiquid Delaware Statutory Trust (DST) investments that were inconsistent with their conservative investment objectives, financial circumstances, and need for liquidity during retirement.
Allegations Involving Unsuitable DST Investments
According to the statement of claim, the retired investors were advised to invest in multiple DST offerings, including:
- Versity Invest – One on 4th DST
- CS1031 The Louis Apartment Flats DST
- NextPoint Buffalo DST
DST investments are complex alternative real estate products that are often illiquid, involve long holding periods, and may carry significant risk. The claim alleges that these characteristics were not suitable for retirees seeking capital preservation and access to their funds.
Damages Sought in FINRA Arbitration- Capulent LLC
The claimants are seeking between $100,000 and $500,000 in damages, exclusive of interest, attorneys’ fees, costs, and other relief permitted under FINRA rules. The claims may include allegations of unsuitable investment recommendations, failure to supervise, misrepresentations, and related broker misconduct.
FINRA Arbitration and Investor Rights
FINRA arbitration is the primary dispute resolution forum for investors pursuing claims against brokerage firms and financial advisors. Brokerage firms that are members of FINRA are required to arbitrate investor disputes. FINRA arbitration is generally faster and more efficient than traditional court litigation and is commonly used in cases involving unsuitable investments, alternative investments, and retiree losses.
“Retired investors are particularly vulnerable when they are placed into illiquid alternative investments like DSTs,” said Dax White, Managing Partner of The White Law Group. “We continue to see cases where these products are recommended without proper consideration of an investor’s age, risk tolerance, or liquidity needs. FINRA arbitration allows investors to pursue accountability and potential financial recovery.”
About The White Law Group
The White Law Group represents investors nationwide in FINRA arbitration claims involving broker misconduct, unsuitable investment advice, private placements, DST investments, and other alternative investments. The firm has offices in Chicago and Seattle and focuses exclusively on investor protection and recovery of investment losses.
Investors who believe they suffered losses due to unsuitable investment recommendations or brokerage firm misconduct may have legal options.
Contact The White Law Group:
Phone: 888-637-5510
Website: https://www.whitesecuritieslaw.com
