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Written by 4:07 pm Blog, Securities Fraud Articles

Recovery of Grifphon Fund Investment Losses

Have you suffered investment losses in Grifphon Alpha I Fund? If so, the attorneys of The White Law Group may be able to help you recover your investment losses.

The SEC alleges that Yosef Jawed operated a long-running ponzi scheme that raised more than $37 million dollars from investors through various Grifphon hedge funds. The Griphon Funds were based in Portland, Organ and managed through Grifphon Assets Management, LLC and Grifphon Holdings, LLC.

In connection with the sale of Griphon Alpha I fund, a FINRA arbitration panel (case 12-01905) recently ruled in favor of the investors in a case against broker-dealer Raymond James. The claims included negligence, breach of fiduciary, and violation of state securities law.

The White Law Group is investigating the liability that brokerage firms and financial professionals may have in recommending the following Griphon Funds:

Grifphon Alpha I Fund
Alpha Qualified Fund
Grifphon Alpha Long Term
Grifphon Iota Fund
Grifphon High Quality Large Cap Fund
Alpha Institutional Fund

Brokerage firms and financial professionals have a fiduciary duty to perform adequate due diligence on any investment they recommend. Based on what is now know about the Grifphon Funds, it does not appear that the firms that sold these investments did perform adequate due diligence.

If you invested in a Grifphon Fund and would like to discuss your litigation options, please call the securities attorneys at 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 from with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.

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