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Follow on Google News | FINRA Arbitration Filed Against Capital Financial Services Over Alternative Investment LossesThe White Law Group announces the filing of a FINRA arbitration claim against Capital Financial Services involving Atlas Oil and Gas, Icon Leasing 12, and Hartman Short Term Income XIX.
By: The White Law Group The claim, filed by The White Law Group, was submitted to FINRA Dispute Resolution on behalf of five investors alleging claims for violation of common law fraud, breach of fiduciary duty, negligence, and negligent supervision. The claim further alleges that Capital Financial Services unsuitably invested the clients in the following investments (among others): Atlas Resources Public #18-2008(A) L.P. Icon Leasing Fund 12, LLC Hartman Short Term Income Properties XIX, Inc 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 Capital Financial Services failed to perform the necessary due diligence on these investments prior to recommending them to these particular investors. 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 888-637-5510. 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. End
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