A number of our California securities law firm clients who suffered investment losses in the IMH Secured Loan Fund (now known as IMH Financial Corporation) have reported receiving a mass-mailed solicitation letter from a law firm located in Florida. California investors should think twice before hiring an out of state law firm to handle their case. For more information, see related blog posting: Why having a California licensed securities arbitration lawyer is so important
More IMH Blog Posts:
- IMH Financial Corporation's CEO Shane Albers unloads stock at a premium of $8.02 per share
- Investor Sues Ameritas Over Recommendation to Use Real Estate Loans to Invest in Private Placements
- Even for Accredited Investors, Stockbroker Recommendations to Buy Private Placements Are Subject to the Suitability Rule