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Written by 11:33 am Blog, Securities Fraud Articles

Investigation into Labock Technologies

Have did you suffer losses investing in Labock Technologies? If so, The White Law Group may be able to help recover your losses through a FINRA arbitration claim against the broker that sold the investment.

According to files with the Securities and Exchange (SEC), Labock technologies is a corporation organized in 2002. the company conducts “research, development and manufacturing company that produces bullet proof glass, tactical vehicle (armored and non-armored) armor modular kits for vehicles, armored buses armored vans for military, law enforcement and civilian use.” Convertible notes were offered to investors interested in investing with the company.

Investment notes, like Labock Technologies, are sold as private placements. Private placements are exempt from registration and therefore lack the same regulatory oversight compared to more traditional investments such as stocks and bonds. They are often high risk products that are intended for sophisticated and institutional investors.

Brokerage firms have a fiduciary duty to their customers to perform due diligence on any investment prior to recommending it for sale and to ensure that the investment is appropriate. Brokerage firms also are responsible for determining whether an investment is appropriate in light of a particular investor’s age, investment experience, and investment objective.

If you believe your broker made unsuitable investment recommendations and would like to speak to a securities attorney about your litigation options, please call our Chicago office at (312)238-9650 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 Vero Beach, Florida.

For more information on The White Law Group, please visit our website at www.WhiteSecuritiesLaw.com.

Tags: , , , , , , , Last modified: July 17, 2015