Losses In Aequitas Income Opportunity Fund II

Representing Aequitas Investors

We are representing investors who recently purchased Aequitas Income Opportunity Fund II. Based on our investigation, at least some investors in this fund were incorrectly advised that they were investing in short term loans that could be redeemed during any 90 period.  Equally significant, investors report to us that they were never advised about the financial difficulties Aequitas was already facing at the time that they purchased the Income Opportunity Fund II.  As I was quoted as saying in The Oregonian on February 20, “It is absolutely outrageous that a financial adviser would put important client retirement money into promissory notes issued by a company that was already on the ropes,”

What The Laws Say For Aequitas Investors

The law generally provides that a licensed financial advisor cannot successfully solicit or sell an investment to a client by use of misrepresentations or omissions of material fact.  If that law is violated, investors are entitled to a return of their investment proceeds upon tender of their investment back to the sellers.  To see how that law might apply to the unique purchase circumstances of individual or institutional investors, you may call our office at 800.647.8130 or contact securities attorneys Bob Banks and Darlene Pasieczny by e-mail at info@investordefenders.com.

Investor Defenders is a practice group of Samules Yoelin Kantor LLP focused on representing investors in situations where professional misconduct resulted in a financial loss. Lead securities attorney Bob Banks has earned a national reputation for his success fighting on behalf of investors in FINRA arbitration and in court for 33 years.  Consultations are complimentary and most cases are done on  contingency fee, meaning that our clients do not pay any attorney fees unless we recover losses.

 

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