Franklin Square recently quoted value of FS KKR Capital Corp II to be is $ 7.36 per share, the most recent trading range reported by a secondary market source was $3.25 per share to $3.52 per share according to Central Trading and Transfer. For investors of FS KKR, this is over a 50% loss.
FS KKR Capital Corp II is a non-trading business development company (BDC). BDCs using make investments in developing companies and businesses. The underlying price of the share was $ 10.00 / share, so investors who are liquidating at current price levels may be making a significant loss.
Sales Issues with Non-Traded BDCs Similar to FS KKR Capital Corp II
FS KKR Capital Corp II and similar investments are usually offered by financial advisers working in independent broker-dealer firms. They represent one type of Direct Participation Programs (DPPs).
Non-traded REITs and non-traded BDCs that the United States Securities and Exchange Commission (SEC) define as “Reg D” offerings, also known as “private placement,” are generally risky illiquid alternative investments. The reference to Regulation D provides exemptions from the normal registration requirements of Section 5 of the Securities Act 1933.
Investors Seeking to Recover FS KKR Capital Corp II Losses
For some investors, FINRA’s private arbitration dispute enables them to make a claim and compensate for their investment FS KKR CAPITAL CORP. II loss. These customer disputes usually involve paper discovery and no deposition. They are a faster and more effective alternative to traditional court litigation, as they provide a private forum for quicker and more effective dispute resolution.
About Haselkorn & Thibaut, P.A.
Haselkorn and Thibaut, P.A. It is a nationwide law firm specializing in handling investment fraud and securities arbitration cases. The law firm has offices in Palm Beach, Florida, on Park Avenue in New York, as well as Phoenix, Arizona, and Cary, North Carolina. Both founding partners have nearly 45 years of legal experience.
Haselkorn & Thibaut, P.A. Many disputes from customers (private arbitration) have been filed with the Financial Industry Regulatory Association (FINRA) for customers who have suffered investment losses related to issues such as those mentioned above. There are usually no deposits involved, and these cases are generally handled incidentally with no recovery, no fee.