Concerned about your investment in the Leland Forest Holdings LLC?
The White Law Group is investigating potential securities claims involving broker dealers who may have unsuitably recommended high risk alternative investments such as the Leland Forest Holdings LLC to investors.
According to SEC filings, the company filed a Form D to raise capital from investors with the offering Leland Forest Holdings LLC in 2013, a real estate fund. The type of securities is purportedly equity and according to the Reg D, the total offering amount sold was purportedly $9,344,200.
Is an Alternative Investment Suitable for you?
Alternative investments are not suitable for all investors, especially those who need liquidity in their investment. Brokerage firms have a responsibility to adequately disclose all risks before selling any investment and must consider suitability factors such as age, financial needs, and risk tolerance to name a few.
However, many brokerage firms overlook suitability regulations set forth by the SEC to earn the high commissions that these types of investments often come with. Sales commissions can range from 6% to 10%, and often come with a 2%- 3.0% dealer manager fee. In this particular investment, sales commissions, due diligence fees, managing BD fees, and wholesale fees paid were estimated at close to 10%, according to the form D.
Brokerage firms that do not perform adequate due diligences on an investment or demonstrate a breach of fiduciary duty can be held accountable for losses incurred through FINRA arbitration.
If you are concerned about an investment in Leland Forest Holdings LLC, The White Law Group may be able to help you by filing a complaint against your brokerage firm. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
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.
For more information on the firm, please visit https://www.whitesecuritieslaw.com.
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