Justia Lawyer Rating
Super Lawyers - Rising Stars
Super Lawyers
Super Lawyers William S. Shephard
Texas Bar Today Top 10 Blog Post
Avvo Rating. Samuel Edwards. Top Attorney
Lawyers Of Distinction 2018
Highly Recommended
Lawdragon 2022
AV Preeminent

Some Investors Are Paying The Price for Conservation Easements As Regulation D Private Placements

Experienced Private Placement Investor Loss Lawyers Can Help

If you are an investor whose brokerage firm recommended that you invest in conservation easements as Regulation D private placements, and you’ve since been informed that you are in violation of tax laws, you will want to speak with skilled Private Placement Investor Loss Lawyer right away.

$500M of This Risky Private Placement Investment May Have Been Sold By Brokerage Firms 

More than two years after the US Securities and Exchange Commission (SEC) announced that it had filed an emergency action against Complete Business Solutions (d/b/a Par Funding), many of those who collectively invested up to $500M in its alternative investment offerings are still grappling with how to recover their investor losses.

The Broker Misconduct Lawyer teams of Shepherd Smith Edwards and Kantas (investorlawyers.com) are speaking with these investors, many of whom may have been unsuitably sold these risky unregistered securities by brokers. If this is the case for you, then you may have grounds for filing a Financial Industry Regulatory Authority (FINRA) lawsuit against your broker-dealer for damages.

Secured Income Group Investors May Be Victims of Alleged $100M Investment Fraud

If you are someone who invested in Secured Income Group, you may be reeling from the news that in September 2022, the US Securities and Exchange Commission (SEC) filed civil charges accusing the real estate investment company, its owner/President Max McDermott, and investor relations representative Stacey Porter with running an alleged $100M offering fraud. $99.9M of “Secured Debentures” were reportedly offered to investors, including many non-accredited investors.

Secured Debentures were touted as safe, “CD-like” even, only with a higher yield. Secured Income Group claimed that it would hold the loans it made, as well as corresponding security interests while collecting income from them. It was from this income that investors were told to expect 6% to 9% in interest rate payments. Instead, many of them have suffered significant investment losses.

Former San Francisco Financial Advisor Is Barred Following Over $100 Million in Investor Claims Filed Against JP Morgan

Nearly a year after FINRA Lawyers, Shepherd Smith Edwards and Kantas (investorlawyers.com) won a $4 million Financial Industry Regulatory Authority (FINRA) arbitration claim against JP Morgan Securities, the former star broker involved, Edward Turley, has been now barred from the industry. Turley, who was the financial advisor in at least nine recently filed customer complaints alleging unauthorized and excessive trading, has consented to the bar.  Turley’s former clients are claiming that they suffered over $100 million in investment losses.

The ex-San Francisco-based financial advisor was fired by JP Morgan Securities in August 2021. Last month, FINRA, which was investigating the allegations against him, asked Turley to provide testimony about his trading patterns. This would have included patterns involving margin and foreign currency, as well as the buying and selling of preferred stock and high-yield bonds. Turley declined. His refusal to testify violates FINRA Rule 8210, which requires brokers to cooperate with enforcement investigations, as well as FINRA Rule 2010, which requires high standards of commercial honor for FINRA members.

Are You An Investor Who Suffered Losses While Working With a Western International Securities Financial Advisor?

Our FINRA Lawyers Are Investigating Ex-Western International Securities Broker Daniel Beech

Over the past year, Shepherd Smith Edwards and Kantas, a Broker-dealer Arbitration Law Firm, (investorlawyers.com) have filed FINRA lawsuits on behalf of investors seeking to recover financial losses allegedly caused by the allegedly negligent actions of Western International Securities and a number of its financial advisors. We are also continuing to investigate the brokerage firm and its registered representatives for allegedly unsuitably recommending GWG Holdings L Bonds and other high-risk investments to retail customers and retirees.

 Alleged Unsuitability and Due Diligence Failures May Be Grounds for a FINRA Lawsuit

If you are someone whose financial advisor recommended one of the TCA Global Credit Funds to you, there may be reasons to sue your broker-dealer for damages. In 2020, TCA Fund Management Group Corp. and key executives were accused of securities fraud, including allegedly fraudulently inflating the net asset values and performance outcomes of a number of its funds. This purportedly led to hundreds of investors being defrauded while leaving its funds, which allegedly falsely held about $516M, in serious trouble. Affiliated company TCA Global Credit Fund GP Ltd. also was accused of investor fraud.

Shepherd Smith Edwards and Kantas (investorlawyers.com) are working with a number of TCA Global Fund investors to determine whether they have grounds for a FINRA lawsuit. Unfortunately, it appears that alleged due diligence failures, unsuitability, misrepresentations and omissions, and broker negligence may have been factors when certain brokers marketed and sold one of these TCA Funds to customers:

Why Privately Traded REITS Are Too Risky For Most Retirees

Not all investments are suitable for everyone, which is why your broker-dealer has a duty to only recommend and sell financial products that are the right fit for you given your age, risk tolerance level, financial goals, and investing experience. Older investors, including retirees, are especially susceptible to devastating consequences from high-risk, unsuitable investment recommendations. If you are a retiree who suffered significant financial losses that you suspect may be due to broker misconduct or negligence, you should contact Shepherd Smith Edwards and Kantas REIT Investment Fraud Lawyers (InvestorLawyers.com) today.

Older Investor Files FINRA Lawsuit Against FSC Securities and Louisiana Broker Craig Accardo

Seasoned Northstar (Bermuda) Investment Loss Lawyers Representing Latin American Investors

Six-Figure Brokerage Firm Arbitration Claim Filed Against Truist Investment Services

Two years after Northstar Financial Services (Bermuda) filed for bankruptcy protection, the number of Latin American investors who are seeking to pursue damages from their broker-dealers for unsuitably recommending annuity-like products from this offshore entity continues to grow. At Shepherd Smith Edwards and Kantas (investorlawyers.com), our skilled investor loss attorneys are representing many of these investors in Financial Industry Regulatory Authority (FINRA) arbitrations.

Shopoff Land Fund Investors May Be Able to File FINRA Lawsuits Against Brokerage Firms

Broker Negligence?: Private Placement Funds Allegedly Unsuitably Recommended to Customers 

Private real estate investment companies can be a risky proposition for investors. They are not a good fit for everyone, including many retail customers and retirees with conservative investing goals. Unfortunately, it has come to the attention of our knowledgeable private placement investor loss attorneys at Shepherd Smith Edwards and Kantas (investorlawyers.com) that there are investors whose financial advisor may have unsuitably recommended one or more of the Shopoff Land Funds from Shopoff Realty Investments.

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