A business development company (BDC) is an organization that helps small- to medium-sized companies grow in the first stages of development. BDCs are usually publicly-traded companies set up similarly to closed-end investment funds and may be appealing to investors who want the possibility of capital appreciation and current income.
The possible high yield of BDCs may be appealing to some investors, but higher potential yields can also mean higher risk of severe declines in market value. Investors should perform due diligence to understand the interest rate, liquidity, and leverage risk for leveraged BDCs and the credit and investment risk of the companies for whom the BDC provides financing.
If you’ve lost money in a BDC investment that was unsuitable for you, you may be able to recover losses. It’s best to let a trusted investor rights attorney review your case.
Step 1.
Talk to an Experienced Attorney Today
Call and speak to one of our attorneys* for a no-cost consultation to discuss your situation, answer your questions, and help you determine the next steps. This call usually takes about 15 minutes, but we are happy to talk to you as long as you would like!
Step 2.
Quick Review of Your Paperwork
If we think you might have a case, we will need to review a few basic documents. If we determine you have a case, then you will have the option to hire us as your attorneys to pursue it.
Step 3.
Signed Attorney/Client Agreement
If you decide to hire us to pursue your case, we will have you sign an attorney-client agreement so we can begin the process of trying to recover your losses.*
*In the vast majority of cases, our agreement is contingent – meaning you won’t owe us any money unless we recover money for you.
