Investor Lawyers Blog

Annuity Fraud Lawyers

Published on: April 28, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Northstar (Bermuda) Investors Can Still Explore Their Legal Options. Our Annuity Fraud Lawyers Continue To File Claims Against Brokerage Firms

Shepherd Smith Edwards and Kantas Annuity Fraud Lawyers (investorlawyers.com) represents dozens of investors, mostly foreign nationals, in their FINRA lawsuits against the US broker-dealers that marketed and sold Northstar Financial Services (Bermuda) to them.

This offshore entity was owned by billionaire Greg Lindberg, who recently pleaded guilty to defrauding investors of $2B. But there were red flags indicating something was amiss even before then. Yet that did not stop many brokerage firms from promoting this risky, unprotected investment, including to those who wanted to take on low-to-no risk.

GWG Bond Loss Attorneys

Published on: April 28, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Moloney Securities Under Scrutiny By State Regulators. Our GWG Bond loss attorneys Are Representing Investors Against This Firm

Last month, Moloney Securities Co. reported in its report with the US Securities and Exchange Commission (SEC) that it is facing inquiries by different state regulators. This disclosure comes just six months after the regulator reached a $316K settlement with the broker-dealer for Regulation Best Interest violations related to the sale of GWG Holdings L Bonds. Three Moloney Securities brokers collectively paid $121K in disgorgement, interest, and penalties over this matter.

GWG is accused of selling more than $1.6B in high-risk supposed life settlement-backed bonds that have left thousands of investors, mostly retail investors and retirees, with serious losses. Meanwhile, dozens of brokerage firms earned hefty commissions from the transactions.

Broker Fraud Loss Attorneys

Published on: April 28, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investment Losses While Working With Former LPL Broker Derek Copeland? Our Broker Fraud Loss Attorneys Are Looking Into Allegations of Selling Way Involving $11M in Outside Investments

Shepherd Smith Edwards and Kantas Broker Fraud Loss Attorneys (investorlawyers.com) are looking into claims of investor losses involving barred LPL Financial stockbroker Derek Lee Copeland. According to the Financial Industry Regulatory Authority (FINRA), the former North Carolina financial advisor allegedly raised almost $11M through 74 transactions involving 19 securities without the knowledge of LPL.

This is an illegal practice known as selling away. He purportedly used unapproved channels when communicating with clients. The self-regulatory organization (SRO) barred Copeland in March 2025.

San Francisco Failure To Supervise Law Firm

Published on: April 28, 2025 | by Shepherd Smith Edwards & Kantas, LLP

San Francisco Failure To Supervise Law Firm is Representing SF Bay Area Investors In Their FINRA Lawsuits Against Brokerage Firms

Throughout the San Francisco Peninsula, and surrounding areas, Shepherd Smith Edwards and Kantas San Francisco Failure To Supervise Law Firm (investorlawyers.com) works with investors in recouping their portfolio losses that were caused, even if just in part, by a failure to supervise. Broker-dealers have a duty to properly oversee their registered representatives, any associated persons, and activities in customer accounts.

When Failure To Supervise Leads To Serious Losses for San Francisco Investors

Broker Fraud Law Firm

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

For GK 7% Bond Investors Who Sustained Serious Losses, The Time To Act Is Now. Our Broker Fraud Law Firm Can Help You Assess Whether You Have Grounds For A Claim

If you are a GK 7% Bond investor, there is still time to explore your legal options and find out whether your broker should be held liable for your investment losses. Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to investigate the broker-dealers, including managing brokerage firm JCC Advisors, that marketed and sold these debt instruments to customers. Contact us today to request your free, initial case consultation.

What Are GK 7% Bonds?

Investment Broker Fraud

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Barred Morgan Stanley Broker Jesus Rodriguez Gets 12-Year Sentence For Investment Broker Fraud

Jesus “Chuy” Rodriguez de la Cruz (“Rodriguez”), an ex-Morgan Stanley stockbroker in Texas, was sentenced to 12 years in prison for defrauding investors in a multimillion-dollar investment fraud. His CRD on BrokerCheck lists him as Jesus Rodriguez.

Rodriguez was barred by the Financial Industry Regulatory Authority (“FINRA”) in 2021. The U.S. Securities and Exchange Commission (“SEC”) filed a complaint against Rodriguez last year accusing him of misappropriating over $4.6 million from the accounts of at least 10 investors at Morgan Stanley where he was a registered representative from 2009 to 2021.

Private Placement Lawyers

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

GPB Capital Holdings Must Pay Investors Who Were Defrauded $400M Payout, Says Judge. Our GPB Private Placement Lawyers Are Here To Explore Your Legal Options

A New York Federal Judge approved a payout plan of up to $400M to investors who were harmed in the more $1.8B GPB Capital Holdings Ponzi scam. The order comes after insiders from the alternative asset company argued that the settlement was unfair since they still could be subject to liability.

However, U.S. District Judge Margot K. Brodie found that such concerns did not supersede the need to compensate the victims. She determined that the proposed plan was” fair and reasonable.”

REIT Fraud Attorneys

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Florida Investor Sues J Alden Associates Over RAD Diversified Losses. Our Non-Traded REIT Fraud Attorneys Are Representing This Claimant In Her Six-Figure Lawsuit

Shepherd Smith Edwards and Kantas REIT Fraud Attorneys (investorlawyers.com) are representing an investor who is seeking up to $500K in damages from broker-dealer J Alden Associates. This claimant is an older novice investor and a soon-to-be retiree with health issues. We believe that her J Alden broker Nathan Daniel Goad unsuitably recommended too risky products, including RAD Diversified and Key Capital while overconcentrating her portfolio. Goad is also a Florida investment adviser with the Alden Investment Group.

In her FINRA lawsuit, our client is alleging unsuitable investment recommendations, misrepresentations and omissions, failure to supervise, excessive concentration, negligence, gross negligence, breach of contract, and more. She contends that she made it clear about not wanting to take on any undue risk and needed safety. Meanwhile, her J Alden broker purportedly told her the accounts would be structured prudently to satisfy her investment goals. Instead, her money ended up in risky, unproven, illiquid investments that tied up the majority of her assets. These were investments that paid high commissions to this financial advisor.

Stockbroker Misconduct Attorneys

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did Imprisoned Oppenheimer Broker John Woods Defraud You In $110M Horizon Private Equity III Scam? Our Stockbroker Misconduct Attorneys May Be Able To Help

Shepherd Smith Edwards and Kantas Stockbroker Misconduct Attorneys (investorlawyers.com) are continuing to investigate claims of investor losses involving the $110M Horizon Private Ponzi Fraud once run by convicted former Oppenheimer financial advisor John Justin Woods. The former stockbroker, who pleaded guilty to wire fraud, defrauded hundreds of investors, including many seniors, retirees, and veterans, from around the United States.

He operated his scheme through Livingston Group Asset Management Company (Southport Capital) and his Horizon Private Equity III LLC, and he also worked as an Oppenheimer registered representative. This is why the broker-dealer has been sued by many of Woods’ victims.

Kentucky Overconcentration Lawyers

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

From Our Lexington, Kentucky Overconcentration Lawyers, We Represent Investors Whose Financial Advisors Excessively Concentrated Their Accounts

For more than 30 years, Shepherd Smith Edwards and Kantas Kentucky Overconcentration Lawyers (investorlawyers.com) have represented Kentucky investors who have sustained losses in their investment accounts because of overconcentration. This is a serious problem that occurs all too often and may have been avoided were it not for financial advisor misconduct or negligence. Contact our Lexington excessive concentration law firm to schedule your free, initial case assessment.

Overconcentration Can Lead To Serious Losses For Kentucky Investors