Did United Planners’ Broker Aaron Sevigny Recommend Creative Media & Community Trust, Priority Income Fund or Another Alternative Investment Where You Sustained Investment Losses?
Shepherd Smith Edwards and Kantas Is Investigating Aaron Sevigny of United Planners’ Financial Services of America
If you are an investor who was unsuitably marketed and sold Priority Income Fund, Creative Media & Community Trust, or other risky alternative investments by United Planners’ Financial Services of America A Limited Partner stockbroker, Aaron Pierce Sevigny, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. Already, we have filed a significant investment loss recovery claim on behalf of a Florida couple who experienced serious losses to their retirement savings after this longtime financial advisor sold them these illiquid, speculative products.
Creative Media & Community Trust (CMCT) is a Dallas -based real estate investment company whose shares have fallen in value a shocking 99%, from a high of over $400 a share in 2021 to less than $4. While CMCT is publicly traded on the NasdaqCM exchange, that exchange is for smaller companies, and CMCT rarely trades on any given day.
Priority Income Fund is a private fund, which means it is not traded anywhere. It is made up of private loans in private businesses. The Fund indicates that at least 80% of its assets are “debt rated below investment grade . . . often referred to as junk.” According to Priority Income Fund’s published monthly Net Asset Value (NAV), it has sustained more than 50% in losses in recent months. Given that the NAV is merely what Priority Income estimates to be the value, it is likely that this Fund has lost even more than what investors know.
Bonita Springs, Florida, broker Aaron Sevigny’s (Sevigny) securities industry records indicate that he has worked at least 22 years in the industry. Along with being a FINRA member registered representative, Sevigny is also a registered investment advisor. Three other customer disputes are listed on Sevigny’s disclosure report, alleging unsuitability, fraud, breach of fiduciary duty, negligence, breach of contract, negligent supervision, or other claims. These other matters resulted in five- or six- figure settlements.
Shepherd Smith Edwards and Kantas is speaking with other investors who may have suffered serious and avoidable losses while working with Sevigny, whether involving CMCT, Priority Income Fund, or other investments. If you do have grounds for a financial recovery lawsuit against this registered representative and his brokerage firm, this is not the kind of claim you want to make without trusted securities lawyers by your side.
Representing Investors Against Negligent and Reckless Brokers for Over 35 Years
Our seasoned securities law firm has worked with thousands of investors across the country in arbitration, mediation, and litigation. Over the decades, we have secured a collective hundreds of millions of dollars for our Clients.
If you want to explore whether you have grounds for a securities lawsuit against United Planners’ Financial Services of America A Limited Partnership and its broker Aaron Sevigny call (800) 259-9010 or contact us online today.