Concerned about investment in Salem Bend Partners LLC?
Are you concerned about your investment in Salem Bend Partners LLC? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Salem Bend Partners LLC, based in Birmingham, AL, is a limited liability company organized in 2020, according to a Form D filed with the SEC. The total amount of the offering sold to investors was purportedly $8,165,602. The sales commissions and fees were estimated at more than 10% of the total offering amount, according to the filing.
Limited liability companies, like Salem Bend Partners LLC, generally involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Interests in limited liability companies (LLC) are often sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
Unfortunately, some brokers may have downplayed the risks associated with alternative investments and misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling interests in limited liability companies may have provided some brokers with enough incentive to push the product to unsuspecting investors.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment, they may be liable for investment losses
Free Consultation with a Securities Attorney
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Salem Bend Partners LLC, please contact The White Law Group at 1-888-637-5510 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 Seattle, Washington. For more information on the firm, please visit?www.WhiteSecuritiesLaw.com.
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