Private placements are non-public offerings issued by private companies to a specified group of potential investors through brokerage firms or other means in the form of promissory notes or stocks, most often. Private placements are exempted under Regulation D of the Securities Act, which means this investment product is not required to adhere to all elements of the legislation. While this may allow some additional flexibility for investors, it also yields greater risk. If substantial losses occur as a result of broker negligence, an experienced California securities fraud lawyer can provide the resources and tools necessary to pursue recovery of the loss.
Private placement investments require greater due-diligence on behalf of stockbrokers, brokerage firms and investment advisors as well as the public investors purchasing these products. Unethical professionals utilize tactics of misrepresentation and omission to sell bad private placement products to investors for high commissions, hidden fees or through the process of account churning. In recent years, investors have lost significant capital as a consequence of a broker's failure to properly vet the particular investment. When the responsibility for the loss can be assigned to bad advice, poor research or other misconduct involving fraud, victimized investors may be able to recover the financial damages they have suffered.
Find a Private Placement Attorney in California
The Law Offices of Jonathan W. Evans & Associates is a full-service securities law firm that has proudly worked to achieve favorable settlements for clients throughout California, across the United States and worldwide who have lost substantial investments due to unethical or negligent intermediary actions. We are adept at recognizing investment losses and taking the proper steps through securities arbitration, mediation or litigation in order to reach the best conclusion possible. With over 35 years of relevant experience, main attorney Jonathan W. Evans has been recognized by Los Angeles Magazine and peers as a top 5% Southern California Super Lawyer in the area of securities litigation for ethics, experience and reputation in the field.
Contact a California private placement attorney if you have experienced substantial losses at the hands of a negligent or fraudulent intermediary.
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