Written by 3:52 pm Blog, Current Investigations

Metropolis Technologies Inc. – Private Placement Investigation

Metropolis Technologies Inc. - Private Placement Investigation, featured by top securities fraud attorneys, the White Law Group

Investigating Potential Claims: Metropolis Technologies Inc.  

The White Law Group is investigating potential securities claims involving Metropolis Technologies Inc.  

Regulation D, and SEC regulation, allows small to midsize companies an opportunity to raise capital from investors with less expense and reporting requirements than traditional means, making it quite popular. Often these private placement investments are touted for their income potential and for being “non-correlated” to the stock market.   

Metropolis Technologies Inc. reportedly filed a form D to raise capital from investors in 2019, according to this SEC filing. The total offering amount sold to investors was purportedly $17,247,630, according to the Reg D filing.  

Risks of Investing in REG D Private Placement Investments  

Private placement investments such as Metropolis Technologies Inc., are typically illiquid investments. There are often legal or contractual restrictions on your ability to transfer your holdings, and even if sale of your holdings is permitted there may be no buyers. You may need to hold these securities for an indefinite period of time.  

Companies that issue unlisted securities may provide little or no transparency into their ongoing operations and financial condition.  

While some private placement investments may make periodic distributions, some may not make any.  

This information is being provided by The White Law Group. The White Law Group, LLC is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington.  

If you are concerned about your investment in Metropolis Technologies Inc., please contact the securities attorneys of The White Law Group at 888-637-5510 for a free consultation.  

For more information on The White Law Group, visit https://whitesecuritieslaw.com 

   

 

Tags: , , , , , , , , , , , , Last modified: February 27, 2023