Soreide Law Group is currently reviewing potential investor claims involving possible sales practice violations committed by securities brokers and financial advisors. One product under review is VERSITY CLEMSON INCOME NOTES LLC, a private placement investment tied to real estate ventures. Recent reports have raised serious concerns about how this product was marketed and managed. Below is an overview of the investment, the issues that have surfaced, and what options investors may have to pursue recovery.
VERSITY CLEMSON INCOME NOTES LLC was offered as a private placement designed to raise capital for real estate projects. The offering was issued by Versity Investments LLC, which has since rebranded as Crew Enterprises. Like other Regulation D offerings, it was intended for accredited investors who could accept the higher risks associated with alternative investments. These notes were marketed as an income-producing investment but carried characteristics typical of private placements, such as limited liquidity and complex structures.
The investment has been linked to troubling allegations in litigation filed against Crew Enterprises and certain executives. The complaint claims that more than $56 million of investor money was misused, including being diverted to unrelated deals or for personal benefit. Beyond these allegations, private placements like VERSITY CLEMSON INCOME NOTES LLC are inherently high risk, often come with steep sales commissions, and are difficult to sell once purchased. These factors can expose investors to greater losses than they may have anticipated when agreeing to the investment.
Financial professionals are required to perform due diligence and recommend only investments that align with their clients’ goals, experience, and risk tolerance. Problems arise when advisors fail to disclose the risks of illiquid offerings, exaggerate potential benefits, or steer clients into products that are unsuitable for their circumstances. In such cases, investors may have grounds to bring claims through FINRA arbitration or other legal avenues to seek compensation for their losses.
Did you experience losses because of investing in VERSITY CLEMSON INCOME NOTES LLC because of your financial advisor or securities broker? If so, reach out to Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney about the possibility of recovering your investment losses. Soreide Law Group has represented investors across the country and works on a contingency fee basis, advancing all costs on behalf of its clients.
Recently Passco Palm Desert issued K-1’s to their investors for Cancellation of Debt Income. This tax bill will be in addition to the losses suffered by the investors for the failed Passco Palm Desert Investment. When canceled debt is taxable: If you do not qualify for an exception or exclusion, you must report the canceled […]
Soreide Law Group is reviewing potential claims from investors who may have been harmed by the way securities brokers and financial advisors marketed and sold certain investment products. One investment drawing attention is WALK DST, a Delaware Statutory Trust offered to investors nationwide. Concerns have surfaced that raise important questions about this investment’s risks and […]
Soreide Law Group is reviewing potential investor claims tied to possible sales practice violations by securities brokers and financial advisors. One of the products under review is VINTAGE DST, a Delaware Statutory Trust connected to real estate investments. This offering has drawn attention because of serious concerns investors should be aware of. The following overview […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com