Our Closed-End Fund Loss Recovery Lawyers Want To Talk To You

Following a severe drop in Priority Income Fund’s net asset value, Closed-End Fund Loss Recovery Lawyers at Shepherd Smith Edwards and Kantas are investigating brokerage firms that unsuitably recommended this high-risk alternative investment to retail clients. The firm has already filed FINRA arbitration lawsuits against several broker-dealers to help affected investors recover their financial losses.

If you are an investor who has suffered losses in Priority Income Fund, contact the Shepherd Smith Edwards and Kantas Closed-End Fund Loss Recovery Lawyers (investorlawyers.com) right away. We represent investors of this closed-end fund in Financial Industry Regulatory Authority (FINRA) arbitration.

What Is Priority Income Fund and Why Should Investors Worry?

• This is a closed-end fund that invests in senior secured loans and collateralized loan obligations (CLOs).
• It is run by Priority Senior Secured Income Management, LLC.
• Investors are supposed to receive monthly distributions.
• This is an illiquid, private and complex risky investment that is unsuitable for retail investors. CLOs can be especially complex and their junior and equity tranches bring their own risks.
• At least 80% of Priority Income Fund’s assets are “junk” grade investments.
• In early 2026, the Fund lost half its value. Its net asset value (NAV) has continued to decline. Originally offered at $15, its NAV as of April 30, 2026 was at $3.70. That’s about a 75% drop from the original offering price.
• Priority Income Fund recently opened a liquidity window for investors before the Fund is expected to be listed on an exchange. It opened a tender offer to buy back up to 1,550,812 shares of its common stock at net asset value.
• The public listing, planned for the end of 2026, could underscore liquidity issues for current investors, especially during the first 270 days of trading.
• There are growing concerns of brokerage firms unsuitably recommending Priority Income Fund to customers while neglecting to fully apprise them of the risks.

Brokerage Firms That Sold Priority Income Fund Likely Earned High Fees and Commissions Even as Investors Report Losses

• Closed-end funds tend to pay high commissions to brokers that market and sell them to customers.
• Already, Shepherd Smith Edwards and Kantas has filed Priority Income Fund loss lawsuits in FINRA arbitration against United Planners’ Financial Services of America and Centaurus Financial.
• Preferred Capital Securities is the managing brokerage firm for this closed-end fund.
• Our securities law firm is also investigating other broker-dealers that may have committed some type of broker misconduct or negligence when marketing and selling Priority Income Fund to customers.

How Can Shepherd Smith Edwards and Kantas Help Investors With Their Priority Income Fund Losses?

• We offer a free initial case consultation to help you assess the cause of your investment losses.
• If we determine that your broker engaged in unsuitability, disregarded your best interests, made misrepresentations and omissions, overconcentrated your account, or was negligent or acted fraudulently—and we decide to work together—we will provide you with robust securities representation and personalized attention.
• Our seasoned Priority Income Fund recovery attorneys are also experienced FINRA lawyers.
• Because we are representing other investors who suffered losses in this alternative investment, you would become part of our unit of FINRA claims involving Priority Income Fund. This can only benefit your case as opposed to working with securities lawyers that are unfamiliar with this product.

Find Out Whether You Have A Priority Income Fund Investor Lawsuit on Your Hands

Call our Closed-End Fund Loss Recovery Lawyers at (800) 259-9010 or contact us online today.