Investigating Potential Claims involving GKPI Preferred Income Investment III
Are you concerned about your investment in GKPI Preferred Income Investment III?
GK Investment Holdings, LLC reportedly acquires existing income producing commercial rental properties. According to filings with the SEC, the company reportedly raised capital from investors through the offering GKPI Preferred Income Investment III.
Alternative investments typically have high fees and commissions, which could be a motivating factor for unscrupulous financial advisors to sell it regardless of whether the investment is in line with the client’s investment objectives and profile. In this particular investment, the sales commissions and fees were estimated at close to 10% of the total offering amount.
Moreover, the total commissions and expenses make it difficult for limited partnerships to perform in line with the market. Further, since they aren’t traded on an exchange, they are illiquid and it is often difficult to find a buyer when the investor is ready to sell.
Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration.
Potential Claims to Recover Financial Losses
If you invested in GKPI Preferred Income Investment III Inc. and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 888-637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington.
For more information on The White Law Group, visit https://www.whitesecuritieslaw.com.
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