Have you suffered investment losses in Altegris Eckhardt Futures Fund LP? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
According to their website, Altegris has one core mission: Identify superior investment capabilities and deliver
effective, sustainable portfolio solutions for our clients.
Altegris often raises money for investments through Reg D private placement offerings like the company did for Altegris Eckhardt Futures Fund LP. These Reg D private placements are then typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%, as well as additional “due diligence fees” that can range from 1-3%.
The trouble with alternative investment products, like Altegris Eckhardt Futures Fund LP, is that they involve a high degree of risk and are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
The White Law Group is investigating the liability that brokerage firms may have for improperly selling high-risk private placements like Altegris Eckhardt Futures Fund LP.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
However, another problem with Reg D private placements is that the high sales commissions and due diligence fees the brokers earn for selling such products sometimes can provide brokers with an enormous incentive to push the product to unsuspecting investors who do not fully understand the risks of these types of investments or to outright misrepresent the basic features of the products – usually focusing on the income potential and tax benefits while downplaying the risks.
Fortunately, FINRA does provide for an arbitration forum for investors to resolve such disputes and if a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Altegris Eckhardt Futures Fund LP or another Altegris private placement investment, please contact The White Law Group at 1-888-637-5510 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 Franklin, Tennessee. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.Tags: Altegris class action, Altegris Eckhardt Futures Fund LP attorney, Altegris Eckhardt Futures Fund LP class action, Altegris Eckhardt Futures Fund LP commissions, Altegris Eckhardt Futures Fund LP default, Altegris Eckhardt Futures Fund LP distributions, Altegris Eckhardt Futures Fund LP full cycle, Altegris Eckhardt Futures Fund LP illiquid, Altegris Eckhardt Futures Fund LP investigation, Altegris Eckhardt Futures Fund LP K1, Altegris Eckhardt Futures Fund LP lawsuit, Altegris Eckhardt Futures Fund LP lawyer, Altegris Eckhardt Futures Fund LP litigation options, Altegris Eckhardt Futures Fund LP secondary market, Altegris Eckhardt Futures Fund LP value, Altegris investigation, Altegris lawsuit, Altegris litigation, Altegris private placements Last modified: June 24, 2016