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Tanzanian Royalty Exploration Corp. Investigation

Tanzanian Royalty Exploration Corp.  Investigation, Featured by Top Securities Fraud Attorneys, The White Law Group

Investigating Potential Lawsuits – Tanzanian Royalty Exploration Corp.

Are you concerned about your investment in Tanzanian Royalty Exploration Corp.? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

Tanzanian Royalty Exploration Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania, according to Bloomberg. The company reportedly primarily explores for gold deposits.

According to SEC filings, Tanzanian Royalty Exploration Corp. filed a Form D to raise capital from investors in 2016.

Tanzanian Royalty Exploration Corp. is a Regulation D private placement investment. Investments such as these are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%. In this case, sales commissions are estimated at 8%, according to the Form D.

The problem with private placement investments such as Tanzanian Royalty Exploration Corp. is that they typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.

Investigating Potential Claims

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly recommending high-risk private placements, like Tanzanian Royalty Exploration Corp. to investors.

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.

If you have concerns regarding your investment in Tanzanian Royalty Exploration Corp. and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.


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