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Recovery Of Highland Floating Rate Fund Losses

The White Law Group is investigating potential securities fraud claims on behalf of investors involving broker-dealers recommendation that investors purchase risky investments, including the Highland Floating Rate Fund.

Highland's sales literature claims that its floating rate funds seek "capital preservation and the management of credit risk while utilizing leverage to increase yield potential." Investors were no doubt attracted to the Highland Floating Rate Funds because the fund supposedly offered a nice income stream without substantial risk. Unfortunately for investors the fund invested heavily in loans that were rated as below investment grade or "junk." The fund has suffered substantial losses over the last 5 years.

Additionally, the Financial Industry Regulatory Authority (FINRA) recently issued an "investor alert" to warn investors who may be attracted to the high return promised by floating rate funds. In promoting these investments, FINRA expressed concern about brokers who downplay the potential risks while emphasizing the higher returns.

For more information on The White Law Group's investigation into the Highland Floating Rate Fund, visit

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.