Soreide Law Group is currently investigating the following Vertical Funds and exploring the possibility of bringing a FINRA arbitration action against the stock brokers for investors who have experienced losses with the following funds:
Vertical Recovery Management, LLC
Vertical Mortgage Fund I, LLC
Vertical US Recovery Fund, LLC
Vertical U.S. Recovery Fund II, LLC
.
On September 9, 2015, Vertical Mortgage Fund I, LLC, Vertical US Recovery Fund LLC and Vertical U.S. Recovery Fund II, LLC commenced General Assignments (“Assignment”) as provided for under California Law to Development Specialists, Inc., solely in its capacity as Assignee for the benefit of creditors (“Assignee”) of those respective entities. The General Assignment for the Benefit of Creditors process is similar to liquidations administered under Chapter 7 of the United States Bankruptcy Code; however, California state law controls rather than federal bankruptcy law. California law provides the Assignee the rights of a lien creditor, ensuring that the Fund’s creditors and members positions are preserved in the same priority they had at the moment immediately preceding the making of the Assignment. California and federal courts have recognized the effectiveness of the general assignment law and process since the early 1900’s.
If your broker overly concentrated your portfolio with these Vertical Funds which were unsuitable for your investment goals and you feel your broker or financial advisor misrepresented the risks for your otherwise conservative portfolio, call Soreide Law Group for a no-cost consultation with a securities lawyer on the possibility of recovering your losses at: 888-760-6552.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
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Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
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