{"id":19353,"date":"2020-11-17T10:22:36","date_gmt":"2020-11-17T16:22:36","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19353"},"modified":"2021-10-28T17:15:08","modified_gmt":"2021-10-28T22:15:08","slug":"sierra-income-investment-losses","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/","title":{"rendered":"Sierra Income Investors are Losing Money"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Risky, Illiquid Business Development Company Was Not Suitable for Many Investors<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you are someone who invested in the Sierra Income Corporation, you may have lost money. This business development company (BDC) is a non-traded investment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier this year, Sierra Income suffered losses after its announced <\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20200505005425\/en\/Sierra-Income-Corporation-Announces-Termination-of-Mergers\"><span style=\"font-weight: 400;\">merger with Medley Capital Corp. and Medley Management Inc. was terminated<\/span><\/a><span style=\"font-weight: 400;\"> because of the economic uncertainty caused by COVID-19. Not long after that, the company announced that it was suspending monthly distributions.<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/\"  title=\"Continue Reading Sierra Income Investors are Losing Money\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Risky, Illiquid Business Development Company Was Not Suitable for Many Investors If you are someone who invested in the Sierra Income Corporation, you may have lost money. This business development company (BDC) is a non-traded investment.\u00a0 Earlier this year, Sierra Income suffered losses after its announced merger with Medley Capital Corp. and Medley Management Inc. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4043,3762,3877,4005],"tags":[2745,2563,4464,4463],"class_list":["post-19353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-investments","category-current-investigations","category-lpl-financial","category-misrepresentations-and-omissio","tag-business-development-companies","tag-misrepresentations-and-omissions","tag-non-traded-investments","tag-sierra-income"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sierra Income Investors are Losing Money| Investor Lawyers<\/title>\n<meta name=\"description\" content=\"Investors of Sierra Income lost money after their brokers failed to apprise them of the risks involved with this non-traded BDC investment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Sierra Income Investors are Losing Money| Investor Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Investors of Sierra Income lost money after their brokers failed to apprise them of the risks involved with this non-traded BDC investment.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Sierra Income Investors are Losing Money| Investor Lawyers","description":"Investors of Sierra Income lost money after their brokers failed to apprise them of the risks involved with this non-traded BDC investment.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/","twitter_card":"summary_large_image","twitter_title":"Sierra Income Investors are Losing Money| Investor Lawyers","twitter_description":"Investors of Sierra Income lost money after their brokers failed to apprise them of the risks involved with this non-traded BDC investment.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Sierra Income Investors are Losing Money","datePublished":"2020-11-17T16:22:36+00:00","dateModified":"2021-10-28T22:15:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/"},"wordCount":527,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg","keywords":["Business Development Companies","Misrepresentations and omissions","non-traded investments","Sierra Income"],"articleSection":["Alternative Investments","Current Investigations","LPL Financial","Misrepresentations and Omissions"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/","url":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/","name":"Sierra Income Investors are Losing Money| Investor Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg","datePublished":"2020-11-17T16:22:36+00:00","dateModified":"2021-10-28T22:15:08+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Investors of Sierra Income lost money after their brokers failed to apprise them of the risks involved with this non-traded BDC investment.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg","width":640,"height":360,"caption":"Investors in the non-traded BDC Sierra Income may have suffered significant losses after not being informed of the high-risks involved."},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/sierra-income-investment-losses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Sierra Income Investors are Losing Money"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/pexels-sam-jean-1764956-1.jpg","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-529","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/19353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=19353"}],"version-history":[{"count":2,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/19353\/revisions"}],"predecessor-version":[{"id":20758,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/19353\/revisions\/20758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media\/19355"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=19353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=19353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=19353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}