Are You One of the 1800 Investors That Purchased iCap Securities? Our Private Placement Loss Lawyers May Be Able To Help You Recover Your Losses
If you are an iCap investor, please contact Shepherd Smith Edwards and Kantas Private Placement Loss Lawyers (investorlawyers.com). Our seasoned Regulation D investment loss attorneys are looking into claims of losses and investigating which broker-dealers should be held liable for damages. We are speaking with both US investors and Chinese nationals. Many of the latter were reportedly hoping to secure their US EB-5 visas by investing.
Real estate investor and manager iCap Enterprises had raised $245M from investors with the help of independent broker-dealers. However, earlier this year, dividend payments were suspended supposedly because of the risk of growing interest rates. In September 2023, iCap filed for Chapter 11 bankruptcy protection, and its founder Chris Christensen resigned. Third-party management group Paladin is now overseeing these real estate investments that include private placements and at least one publicly registered security, the iCap Vault 1.