WNC Tax Credits 37 LLC – Securities Investigation

Investor Alert: WNC Tax Credits 37 LLC

The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended high risk private placement investments such as WNC Tax Credits 37 LLC to investors.

WNC Tax Credits 37 LLC is a limited liability company organized in 2011 in Irvine, CA, according to a Form-D filed with the SEC.  The entity is sponsored by WNC & Associates, a real estate investment firm. The firm acquires, structures, and manages real estate properties through its subsidiaries.

Are Private Placements Suitable for you?

Interests in limited liability companies (LLC) such as WNC Tax Credits 37 LLC, are often sold as unregistered securities and lack the same regulatory oversight as more traditional investment products. This type of investment is generally considered high risk compared to traditional investments, such as stocks, bonds or mutual funds.

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. Some brokers may actually downplay the risks associated with alternative investments and mislead investors into thinking that they are “safe” investment products.

Broker dealers are required to perform adequate due diligence on all investment recommendations. They must 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 your financial advisor makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.

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.

Free Consultation

Are you concerned about your investment in WNC Tax Credits 37 LLC or another private placement investment? If so, the attorneys at The White Law Group may be able to help you.

For a free consultation with a securities attorney, please contact The White Law Group at 1-888-637-5510.

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 firm, visit www.WhiteSecuritiesLaw.com.