Did Your Financial Advisor Recommend SQN AIF IV LP?
Soreide Law Group is looking into potential investor lawsuits against securities brokers or financial advisors that have recommended SQN Alternative Investment Fund IV (“SQN AIF IV LP”). Here’s more about the investment, including what you could do if you experienced losses from your financial advisor's recommendations.
Who Is SQN?
Evidently, SQN is an international finance company and multinational alternative investment manager. It specializes in collateralized, non-correlated, income-producing investments. Namely, the company manages seven funds, and it also provides financing for capital asset intensive operations and collateral-based business structures. It appears that SQN operates in energy, environmental, medical, marine, agricultural, IT, telecommunication, transportation, and modular accommodations industries.
SQN Capital Management is an investment advisor registered with SEC. SQN-managed funds are created with the objectives of creating returns that are not tied to the fixed income, equity, or real estate markets.
What Is SQN AIF IV LP?
SQN AIF IV LP, a Delaware Limited Partnership, commenced on August 10, 2012, with a primary focus on owning and leasing equipment. Evidently, the Partnership buys equipment and leases it to others; provides asset financing and equipment; buys equipment subject to lease; and buys ownership rights in leased equipment when the lease expires. Essentially, the Partnership’s goal is to buy revenue-producing or cost-saving equipment or other physical assets with high value and long economic life and project financings.
What Are The Risks?
First of all, you might lose your entire investment because SQN AIF IV LP carries a high degree of risk. Secondly, much of the cash distributions may come from a return of capital instead of a return on capital. Thirdly, fluctuations in demand for equipment and assets could cause reduced returns on capital. Also, volatility in the equipment leasing and financing industry could have drastic consequences on the fund.
Unsuitable Recommendations, Misrepresentations Of SQN AIF IV LP
Critically, financial advisors and securities brokers can face the consequences of making unsuitable recommendations and misrepresentations to investors. For investments to be suitable, they have to make sense based on the client’s financial situation, objectives, needs, and risk tolerance, among other things. Alternative investments are not suitable for many investors, especially those with low risk tolerances. A financial professional’s failure to consider investor suitability when recommending or selling investments can amount to negligence, a breach of fiduciary duty, and other sales practice violations by them and their employer.
Have You Experienced Losses By Investing?
If a financial advisor or securities broker misrepresented SQN AIF IV LP products, or they unreasonably recommended investments to you, then you could potentially bring a lawsuit against the financial professional and their firm to recover your losses. To learn more, contact Soreide Law Group at (888) 760-6552 and speak with an experienced securities lawyer about your situation. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered compensation for hundreds of United States investors who have been wronged by their securities brokers and financial advisors. We are ready to help you today.
