Stira Alcentra Global Credit Fund failed to conduct adequate due diligence on investments and now their investors are at risk
Sonn Law Group is representing investors who have suffered losses investing in Stira Alcentra Global Credit Fund. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Stira Alcentra Global Credit Fund is a non-diversified, externally managed closed-end management investment company. The fund purports to provide customized financial solutions to lower middle-market and middle-market companies through floating and fixed-rate senior secured loans, second-line loans, and subordinated debt.
Investments in Stira Alcentra Global Credit Fund are complicated and risky investments. These investments are not suitable for elderly retirees and other conservative investors due to their high-risk nature. If you are a conservative investor and your broker recommended that you purchase investments in Stira Alcentra Global Credit Fund, you may have the right to recover losses.
FINRA rules require brokerage firms to conduct due diligence prior to recommending any investment and to conduct a suitability assessment factoring in the client’s investment objectives and level of risk. If a brokerage firm failed to conduct adequate due diligence on investments, such as Stira Alcentra Global Credit Fund, can be held liable for any losses suffered by the client.
Contact Sonn Law to Discuss Recovery Options
If you suffered losses investing in Stira Alcentra Global Credit Fund, call us now at 866-827-3202 or complete our contact form.