Investigating Potential Claims involving Sourcely Holdings Inc.
The White Law Group is investigating potential securities claims involving Sourcely Holdings Inc and the liability brokerage firms may have for improperly recommending it to investors.
Sourcely Holdings Inc reportedly filed a form D to raise capital from investors in 2018, according to filings with the SEC. The total offering amount sold was purportedly $2,125,000. According to the filing, Aeon Capital was the sales compensation recipient for the offering.
Alternative Investments come with a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Private placement investments like Sourcely Holdings Inc. 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 an investment in a private placement 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.
The Financial Industry Regulatory Authority (FINRA) operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.
If you have suffered investment losses as a result of your purchase of Sourcely Holdings Inc., 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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