Lawsuit filed against Securities America to recover alternative investment losses

CASTLE ROCK, Colo. - Aug. 20, 2014 - PRLog -- The White Law Group announces that it has filed a Financial Industry Regulatory Authority (FINRA) arbitration statement of claim against Securities America.  This claim seeks to recover losses between $50,000 and $99,999.

The claim, filed by The White Law Group, was submitted to FINRA Dispute Resolution on behalf of a Colorado investor alleging claims for violation of common law fraud, breach of fiduciary duty, negligence, and negligent supervision. The claim further alleges that Securities America unsuitably invested the client in IMH Secured Loan Fund and Behringer Harvard REIT.

Before recommending an investment, a broker-dealer has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor.  It is alleged that Securities America failed to perform the necessary due diligence on these investments prior to recommending them to this particular investor.

FINRA Dispute Resolution is an arbitration venue for investors with claims against their brokerage firm or financial professional.  It provides investors with an opportunity to attempt to recoup their investment losses and is an alternative to filing such claims in court.

For more information on the claim filed by The White Law Group, please contact the firm's Chicago office at 312-238-9650.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.  For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.