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Written by 2:36 pm Blog, Securities Fraud Articles

Recovery of Accoona Corp. Investment Losses

Have you suffered losses in Accoona Corp.?  If so, the securities attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.

According to its SEC Form D filing, Accoona Corp., Inc. operates as a website that will serve as a search engine and an online multi-lingual business portal to help primarily small and medium sized enterprises, chambers of commerce and governments locate and publicize information to other businesses.  Accoona Corp. offered a Regulation D private placement in order to raise capital, and this private placement was apparently offered and sold by certain FINRA registered broker-dealers.

Private placements are a means for smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC.  These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.

The White Law Group continues to investigate the liability that FINRA registered brokerage firms may have for improperly selling high-risk private placements, like Accoona Corp., to their clients.

Notwithstanding 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.

To speak with a securities attorney regarding your investment in Accoona Corp., please call The White Law Group at 312/238-9650 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 Boca Raton, Florida.

For more information on The White Law Group, visit the firm’s website at https://whitesecuritieslaw.com.

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