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Princeton Alternative Income Fund LP Investigation

Princeton Alternative Income Fund LP

Investors may have claims – Princeton Alternative Income Fund LP

Are you concerned about your investment in Princeton Alternative Income Fund LP? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

Princeton Alternative Income Fund LP filed for Chapter 11 bankruptcy protection on March 9, 2018. According to its website, “the Fund seeks to deliver high, non-correlated returns for sophisticated investors while mitigating risk.”

Its sponsor, Princeton Alternative Funding LLC, a fund management company has also filed for Chapter 11 protection.

According to SEC filings, Princeton Alternative Income Fund LP filed a Form D to raise capital from investors in 2015. The offering type was pooled investment fund interests and limited partnership interests.

Investments such as these are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.

The problem with private placement investments such as Princeton Alternative Income Fund LP is that they typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.

Investigating Potential Claims

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk private placements, like Princeton Alternative Income Fund LP to investors.

Despite the risks of investing in private placements, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.

If you have concerns regarding your investment in Princeton Alternative Income Fund LP and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.

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 White Law Group and its representation of investors in FINRA arbitration claims, visithttps://whitesecuritieslaw.com.

 

 

 

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