Private placement means that the private fund manager or private fund company fails to fulfill the rights and interests of investors as agreed, suspends or terminates the fund operation without authorization, and is unable to repay the investor's principal and income. In the face of private placement, investors can take the following measures:
Seek legal aid: investors can consult lawyers or legal institutions to understand their rights and interests and ways to safeguard their rights. They can help you evaluate the feasibility of the case and provide legal advice and agency services.
Reporting complaints: investors can report to the local public security organs, explain the situation of private placement and provide relevant evidence. At the same time, you can complain to relevant regulatory agencies or investor protection organizations, such as China Securities Regulatory Commission or China Asset Management Association (China Fund Industry Association).
Participate in class actions: If many investors are hurt by private placement, they can consider organizing themselves to conduct class actions together. This can reduce the cost and risk of individual rights protection and improve the effectiveness of rights protection.
Seeking media exposure: By exposing private placement to the media, it can attract the attention of the public and the attention of the regulatory authorities, and increase the pressure of safeguarding rights and the possibility of success.