Did Your Broker Unsuitability Recommend Alternative Investments? Our Skilled Broker-Dealer Negligence Lawyers Are Investigating Centaurus Financial Advisor Valentino Scott Alternative investments can be high-risk and they are generally unsuitable for most retail customers and conservative retirees. They also aren’t always suitable even for high-net-worth investors or accredited investors. A lot…
Customers of Berthel Fisher Sought $32.1M in Damages From Brokerage-Dealer Our Experienced Alternative Investment Fraud Lawyers Are Investigating Investor Losses According to the yearly audited financial statement submitted by Berthel Fisher to the US Securities and Exchange Commission (SEC) in March, the broker-dealer concluded 2022 with about $32.1M in pending…
Did You Invest in Private Placements That Were Too Risky For You? Our Alternative Investment Loss Lawyers Are Investigating Brokers That May Have Unsuitably Marketed Legion Capital Corp. To Customers Private placements are typically risky, illiquid investments and ideally should only be recommended to accredited investors that meet certain income level…
$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…
Hundreds of Broker-Dealers May Have Sold Up to $2B of High-Yield Junk Bonds InvestmentNews reports that according to an industry insider, GWG Holdings may have issued up to $2B of high-yield junk bonds in recent years. While Emerson Equity is the managing broker-dealer for the GWG Issuer, there may have…
Founder Faces Charges Over $1.8B Ponzi Scam and Wants GPB Capital to Pay His Legal Fees Beleaguered private equity firm GPB Capital Holdings is back in the news. This time its founder and former CEO, David Gentile, is suing the company in Delaware Chancery Court. Gentile, who is facing criminal,…
Barred Stockbroker is Accused of Running Ponzi Scam That Defrauded Elderly Investors Felix S. Chu, a former NYLIFE Securities registered representative, is currently facing at least two customer disputes in which the claimants are seeking $5,230,000 in damages. Chu was barred by the Financial Industry Regulatory Authority (FINRA) last year.…
Benefit Street Partners Realty Trust Investors May Be Looking At More Losses If you are an investor whose broker unsuitably recommended Benefit Street Partners Realty Trust, you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to recover damages. On July 26, this publicly registered non-traded real…
Non-Traded REIT Seeks To Restructure $1.3B in Unsecured Debt If you are an investor whose broker recommended that you invest in Hospitality Investors Trust (HIT), you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to recover damages. Hospitality Investors Trust used to be called American Realty…
Ameriprise Financial Services Investment Advisor Accused of Unsuitability, Misrepresentations If you suffered investment losses while working with Ameriprise Financial Services stockbroker, Kevin Douglas Houser, please contact Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) right away. The Center Valley, Pennsylvania financial advisor is already named in four substantial…