Share CION Investments BDC – Investor Investigation
Investors file complaints against financial advisers and brokers who have sold CION investment products.
PALM BEACH, Florida, United States, Oct.6, 2021 /EINPresswire.com / – Today, the investment law firm of Haselkorn & Thibaut, PA announced that it will pursue arbitration claims against the brokers who sold CION Investment Corporation (NYSE: CION), which is a business development corporation (BDC), which provides senior secured loans to mid-sized US businesses.
CION’s shares were first listed on the New York Stock Exchange on October 5, 2021. The company announced a 2-for-1 reverse stock split. On a split-adjusted basis, investors who purchased CION in As long as non-traded BDCs are now (in some cases) facing a loss of almost 40% on the principal of their initial investment. This does not include reinvested distributions.
We’re here to help investors. To receive a free case assessment and to discuss any other investment loss, please call 1-800-856-3352 or visit us online at InvestmentFraudLawyers.com.
In some cases, unsuspecting investors, including retirees, were unaware that CION and other unlisted investments, such as unlisted REITs and unlisted BDCs, can be very risky alternative investments. These alternative products are often marketed by brokerage firms as being similar to traditional investments in stocks, bonds or mutual funds and they are not, they are very different. Additionally, some of the selling efforts may also include statements suggesting that these non-traded alternative investments are as safe, if not more secure, than investing in traditional securities. Such representations are often inaccurate and sometimes outright false.
Investors who have suffered losses on CION investments or other non-traded investments can sometimes recover their losses by going through the FINRA arbitrage process. FINRA brokers and member firms are responsible for ensuring that these types of high risk investments are suitable and suitable for their clients in accordance with FINRA regulations. Brokers and brokers can be held responsible for making inappropriate recommendations to clients.
Investors who have suffered investment losses as a result of CION Investment Corporation, or any other non-traded product, or any other inappropriate investment should contact the attorneys at the Investors Law Firm, Haselkorn & Thibaut, PA. for assistance in determining whether they are entitled to a claim for reimbursement of their losses.
The sole purpose of this release is to investigate how CION’s investments have been approved for sale by brokers to investor clients, including new product reviews, due diligence, as well as sales practices and oversight related to these so-called conservative investment strategies. which included these and other similar alternative investment products. If you have knowledge or experience in this area, please contact Haselkorn & Thibaut, PA at 1-800-856-3352
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