Do I have any legal options if I lost money in private placement securities?

 

A: A private placement security, which is a non-public offering that is utilized to raise capital, is generally exempted under Regulation D of the Securities Act.  These investments usually come in the form of promissory notes or shares of common or preferred stock.

Private placements are some of the riskiest investments out there.  Unfortunately, they are often represented as low-risk, which is anything but reality.  These investments have been scrutinized recently, due to the failure of private placement deals, such as Medical Capital Holdings and Provident Royalties.

Depending on the details of your situation, you may be able to recover your loss through securities arbitration.  For a free case evaluation, contact an experienced securities fraud attorney at the law firm of David P. Meyer and Associates. We are licensed in Ohio and California and we represent investors nationwide in securities arbitration and litigation claims.

Call us toll-free at 1.866.827.6537 or fill out our contact form for your free case evaluation.