Concerned about your investment in Greenway Holdings Acquisitions?
The White Law Group is investigating potential securities claims involving broker-dealers who may have unsuitably recommended alternative investments such as Greenway Holdings Acquisitions to investors.
The company filed a form D to raise capital from investors for a real estate fund, 2014, according to filings with the SEC. The total offering amount sold was purportedly $6,964,713.
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. The selling commissions, dealer fee and placement agent fee associated with this particular investment are estimated at approximately 6%, according to the filings.
Broker dealers are required to perform adequate due diligence on all investment recommendations. They must 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.
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. Fortunately, FINRA provides an arbitration forum for investors to resolve such disputes.
Free Consultation with a Securities Attorney
If you are concerned about your investment in Greenway Holdings Acquisitions , you may be able to file a complaint against your brokerage firm. Please contact the securities attorneys at The White Law Group at 1-888-637-5510 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection 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.
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