Why Should Velocis Fund III Investors Explore Their Legal Options?

Our Broker Negligence Lawyers Are Here To Help

Velocis Fund III investors who suffered significant losses may have grounds for FINRA arbitration against brokerage firms that misrepresented the fund as a safe, liquid investment. The law firm Shepherd Smith Edwards and Kantas offers free case evaluations to help retail investors and retirees recover damages caused by potential broker negligence or overconcentration.

If you are someone whose broker-dealer recommended that you invest in the Velocis Fund III, you may want to explore your legal options. This vintage real estate value-added fund, which has commercial real estate assets in the US Southwest and Southeast, is a high-risk investment.

Challenging market conditions, including a rise in interest rates, changing property valuations, and tighter lending have seriously impacted Velocis Fund III. It is also generally unsuitable for retail investors and conservative retirees.

Velocis Fund III is now the subject of scrutiny, along with the brokerage firms that sold this unregistered, privately traded fund. Many of the Fund’s investors have come forward to report serious losses.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing Velocis Fund III investors in FINRA arbitration against brokerage firms. Unfortunately, there are brokers who profited from selling this alternative investment at the expense of their customers’ best interests.

What Questions Should Velocis Fund III Investors Ask To Determine Whether Their Broker Owes Them Damages For Your Losses?

Speaking with a skilled securities lawyer that is knowledgeable about this investment is the best way to know whether you have grounds for a claim against your financial advisor. However, here are a few questions you can ask to get started.

Did my broker tell me Velocis Fund III was a safe, minimum-risk investment?

Considering that this value-added commercial real estate fund is illiquid and highly speculative, you may have been the victim of misrepresentations by your broker.

Were you led to believe that with the Velocis Fund III you could access your money at any time?

For many retail investors and most retirees, being able to get to your cash right away is very important. Velocis Fund III is highly illiquid. It doesn’t trade on any public market, redemptions are restricted, and long-term capital lock ups can cause the money to get tied up in real estate assets for years.

How much of your portfolio was invested in Velocis Fund III?

Brokers know that properly diversifying an investor’s assets is essential to minimizing losses. Overconcentration in Velocis Fund III could be grounds for a FINRA lawsuit if you suffered significant losses.

Find Out Whether You Have A Velocis Fund III Claim Against Your Broker-Dealer

It is important that you hire a securities law firm that is already knowledgeable about this privately traded fund. Shepherd Smith Edwards and Kantas the experience and resources to maximize your chances for a full financial recovery against your broker.

Call our Broker Negligence Lawyers at (800) 259-9010 or contact us online to schedule your free case assessment.