Airlink – Securities Investigation
Have you suffered significant losses as a result of an investment in Airlink Mobile? The White Law Group may be able to help you recovery your losses through a FINRA arbitration claim against the brokerage firm that sold you the investment.
According to Bloomberg, Airlink Mobile Inc. provides wireless products and services in the United States. It offers pre-paid wireless phone services, prepaid long distance cards, and wireless handsets through convenience stores, gas stations, and other high traffic points of sale, as well as online. The company was founded in 2002 and is based in Hiawatha, Iowa with satellite offices in Kansas City, Missouri; and Scottsdale, Arizona.
Filings with the Securities and Exchange Commission (SEC) suggest that Airlink Mobile is a private placement that offered investment opportunities in the company through convertible preferred stock, promissory note, and warrants.
Brokers have a fiduciary duty to perform adequate due diligence on any investment they recommend. They must also perform a suitability analysis prior to making recommendations to ensure that every investment they recommend is appropriate in light of the client’s age, risk tolerance, and financial objectives.
Brokerage firms that have unsuitably recommended Airlink Mobile to their clients may be held liable for investment losses through FINRA arbitration.
Free Consultation with a Securities Attorney
The White Law Group is investigating potential claims involving the liability that some broker dealers may have for improperly recommending Airlink Mobile to investors. If you have concerns regarding your investment in Airlink Mobile and would like to speak with a securities attorney about your litigation options, please call The White Law Group at (888)637-5510 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 Vero Beach, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.
