Investor Alert: Ecoark Holdings Inc. (OTCQX: ZEST) & Zest Labs
The White Law Group is continuing its investigation into broker dealers who may have unsuitably recommended Ecoark Holdings (Zest Labs) to investors.
Ecoark Holdings Inc. is an “AgTech company modernizing the post-harvest fresh food supply chain for a wide range of organizations including growers, suppliers, distributors and retailers,” according to its website. The company’s wholly-owned subsidiary, Zest Labs, offers the “Zest Fresh™ solution, a breakthrough approach to quality management of fresh food, is specifically designed to help substantially reduce the $161 billion amount of food loss the U.S. experiences each year,” according to its website.
Brokerage firms and RIAs are required to perform due diligence on any offering they recommend. They must ensure that all recommendations are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.
If a firm fails to perform due diligence or makes an unsuitable recommendation, a broker-dealer can be held responsible for any losses in a FINRA arbitration claim and an RIA can be held responsible either in a private arbitration or in court.
Free Consultation with a Securities Attorney
If you have concerns regarding your investment in Ecoark Holdings (Zest Labs) and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
Tags: (OTCQX: ZEST), Ecoark Holdings class action, Ecoark Holdings complaints, Ecoark Holdings investigation, Ecoark Holdings investment, Ecoark Holdings lawsuit, Zest Labs investigation, Zest labs investments, Zest Labs lawsuit Last modified: July 31, 2020