Securities Investigation involving Zero Gravity Solutions Inc.
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk alternative investments, like Zero Gravity Solutions Inc., to its clients.
The company reportedly filed a form D to raise capital from investors in 2015. The total offering amount was purportedly $5,000,000. According to the REG D, Brokers could receive more than 10% cash commission for sales of the offering.
Alternative investments such as this one, are generally speculative, high risk investments and due to these risks are often unsuitable for most investors. Despite?the risks of investing in alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
Brokerage firms have a responsibility to adequately disclose all risks before selling any investment and must consider suitability factors such as age, financial needs, and risk tolerance to name a few. Firms that do not perform adequate due diligences on an investment or demonstrate a breach of fiduciary duty can be held accountable for losses incurred through FINRA arbitration.
If you are concerned about your investment in Zero Gravity Solutions Inc., The White Law Group may be able to help. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, please visit https://whitesecuritieslaw.com.
Tags: securities fraud attorneys, Zero Gravity Solutions Inc. complaints, Zero Gravity Solutions Inc. investigation, Zero Gravity Solutions Inc. investment, Zero Gravity Solutions Inc. lawsuit, Zero Gravity Solutions Inc. news, Zero Gravity Solutions Inc. recovery, Zero Gravity Solutions Inc. value Last modified: December 8, 2022