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May an Investor Suffer a Legally Compensable Loss from a Nominally Performing Illiquid Investment That Turns out to Be Riskier than Represented at the Time of Sale?

By Jerry Carter.  An investor is sometimes faced with a situation in which he or she holds an illiquid investments that is nominally performing even though the investment’s risk profile has increased due to factors that were misrepresented or inadequately disclosed at...