Written by 5:30 pm Blog, Securities Fraud Articles

LEAF Equipment Fund 4 Liquidity Event 

Have you suffered losses investing in LEAF Equipment Fund 4? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

Early this year LEAF announced that the fund was entering into the final phase of liquidation and that distributions would be reduced.  According to a recent letter to shareholders,  the fund can no longer continue distributions. The funds dwindling portfolio is to blame.  Apparently Shareholders can expect to receive their final regular monthly distribution in June.  The LEAF will continue to liquidate the funds assets in order to pay the existing debt and other opligaintons. The fund is expected to be fully liquidated in late 2015 or early 2016.

Limited partnership investments, like Leaf, are speculative ventures and often lack liquidity. Limited Partnerships are complex structured investments and are intended for sophisticated, high-net worth investors that are able to risk total loss of their investment. In addition, limited partnerships offer extremely high commission fees that are often 3-4x higher than more traditional investments such as stocks or mutual funds

Brokerage firms that sell these types of investments are required by the Financial Industry Regulatory Authority (FINRA) to perform adequate due diligence to ensure that the investment has a reasonable likelihood of success. Brokerage firms must also take into account an investors age, risk tolerance, and financial objectives before recommending any investment to ensure that a particular recommendation is appropriate for a particular investor.

Brokerage-firms and investment adviser’s who sell private placements to unsuitable investors or fail to adequately disclose investment risks can be held accountable for losses suffered through FINRA arbitration.

If you are concerned about your investment in the LEAF Equipment Leasing Income Fund 4 or another LEAF fund and would like to speak to a securities attorney about your potential to recover your investment losses, please call our Chicago office at 312-238-9650.

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.

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