The Alcala Law Firm represents several investors who purchased units in the IMH Secured Loan Fund at the recommendation of their stockbroker. These customers are alleging that the liquidity and safety of the fund was misrepresented and that the recommendation to invest in the fund was unsuitable. These claims are currently being arbitrated before the Financial Industry Regulatory Authority (FINRA). The damages being sought include rescission, return of principal, lost interest, legal costs and, in appropriate cases, punitive damages.
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