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Non-Traded REIT Fraud Attorneys

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Is Continuing To Investigate Watermark Lodging Trust REIT Losses. Our Non-Traded REIT Fraud Attorneys Are Helping Investors Evaluate What Happened

Shepherd Smith Edwards and Kantas (investorlawyers.com) is offering free, no obligation, initial case consultations to those who lost money in Watermark Lodging Trust. Formerly known as Carey Watermark REITs (real estate investment trusts), this non-traded REIT has caused investors, particularly those who originally paid $10/share, significant losses now that there has been a huge drop in value, possibly as high as 60% to even 70%. Unfortunately, the options for reselling them, like many non-traded REITs, are very limited.

Always a high-risk investment, Watermark Lodging Trust charged high commissions of 10% or greater especially in its previous iterations of Carey Watermark Investors 1 and Carey Watermark Investors 2 prior to their merger to become this Watermark REIT. Dealer-manager fees and other offering costs were also charged, which meant that, allegedly, less than about 87% of an investor’s money was actually put into the non-traded REIT.

Broker Fraud Attorneys

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Former Clients of Ex-Triad Advisors Broker James Walesa Are Seeking Many Millions in Financial Recovery. Broker Fraud Attorneys are involved in the Latest Investor Lawsuit Is Pursuing $34M in Damages

If you suffered losses while working with former Chicago financial advisor James Thaddeus Walesa, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today so that we can help you explore your legal options. Walesa, who was most recently an Arkadios Capital stockbroker (2019 – 2021) and before that, a Triad Advisors financial advisor for 18 years, has numerous customer disputes on his CRD. Many of them are still pending. This includes, most recently, a $34,000,000 FINRA lawsuit that InvestmentNews reports likely was filed against Triad, which was Walesa’s broker-dealer of record at the time that he worked with the claimant. The investor is alleging unsuitable investment recommendations and multiple conflicts of interest. Another investment loss recovery claim involving Walesa was recently settled for over $2M. A different one, in which the damages sought was $790K, was settled for $4.5M.

Walesa worked 39 years in the securities industry. Now, he has former financial advisor clients accusing him of unsuitability, breach of contract, negligence, breach of fiduciary duty, due diligence failures, misrepresentations and omissions, and more involving alternative investments. These purportedly included real estate deals that he also owned or oversaw. If the latter is true then Walesa acted as both product sponsor and salesperson when selling those investments, which would have been a huge conflict of interest.

L Bond Recovery Attorneys

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

If You Are An Investor Who Suffered GWG L Bond Losses Contact Our L Bond Recovery Attorneys Today

Elderly Retiree Couples Sue Arete Wealth Management For Up to $1,000,000

Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to offer free, no-obligation case consultations to investors who sustained huge losses in GWG L Bonds. Already we are representing many L Bond investors, including three couples—all older retirees—who are seeking up to $1M in damages from Arete Wealth Management.

Reg D Private Placement Loss Recovery Attorneys

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You An HJ Sims Reg D Private Placement Investor Who Would Like To Explore Your Legal Options? Contact Shepherd Smith Edwards and Kantas Today To Speak With One Of Our Reg D Private Placement Loss Recovery Attorneys

In the wake of allegations that HJ Sims (Herbert J. Sims) allegedly unsuitably marketed and sold $2.2B of Regulation D private placements to investors, our skilled broker fraud lawyers are continuing to investigate claims of related investment losses. If you are one of these investors and would like our help determining whether you have grounds for a FINRA lawsuit seeking damages, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today.

HJ Sims is believed to have sold about 93 private placements to investors over the last 10 years. A number of them defaulted, which has severely hurt their value. Also, most of the HJ Sims Reg D investments were sold exclusively by this broker-dealer. There are also allegations that some of the broker-dealer’s executives were involved in the issuance of a number of private placement bonds. If that is true then they likely made money on the bonds twice—when the bonds were issued and sold to customers. This would have been a conflict of interest that should have been disclosed.

Broker Misconduct Lawyers

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Broker Misconduct Lawyers Are Investigating Aegis Capital Following Allegations of A $5B Securities Fraud

Broker-Dealer Is Rated Poorly Based On Number Of Retail Investor Lawsuits and Underwritten Offerings

If you have suffered serious investment losses while working with Aegis Capital, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. The broker-dealer was recently ranked by SLCG Economic Consulting LLC as number 2 on its list of the “worst” brokerage firms based on investor complaints. The financial economic consulting firm cautioned that investors should stay away from Aegis Capital “at all costs.”

Alternative Investment Fraud Attorneys

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did Ex-Coastal Equities Broker Luke Johnson Sell You GPB Private Placements, GWG Stock, REITs, or Other Alternative Investments?

27 FINRA Lawsuits Allege Unsuitable Recommendations

Shepherd Smith Edwards and Kantas (investorlawyers.com) are investigating portfolio loss claims by former customers of ex-Arizona stockbroker Luke Michael Johnson. The ex-Coastal Equities financial advisor was suspended for 18 months by the Financial Industry Regulatory Authority (FINRA) last year after investors accused him of allegedly unsuitably recommending over $2.3M in illiquid alternative investments, overconcentrating their accounts with them, and making misrepresentations about the risks.

San Francisco Financial Advisor Fraud Lawyers

Published on: March 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

San Francisco Financial Advisor Fraud Lawyers of SSEK are Representing SF Bay Area Investors In Recouping Their Portfolio Losses

Shepherd Smith Edwards and Kantas (investorlawyers.com) is pleased to announce that we have recently opened a securities law office in San Francisco. With our other California branch office in San Diego, we continue to solidify our presence as a premier financial advisor fraud law firm representing clients all over the state.

Our San Francisco Financial Advisor Fraud Lawyers are conveniently located in the city’s financial district, and we represent retail investors, retirees, accredited investors, high-net-worth individual investors, and institutional clients throughout the region. Not only that, but we have provided quality investment loss recovery representation to US investors, as well as foreign nationals, with claims against US-based brokerage firms for over 30 years.

iCap Investment Loss Recovery Lawyers

Published on: March 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

IBN Financial Services Under Scrutiny Over Role In Selling ICap Securities To Investors. Our iCap Investment Loss Recovery Lawyers Continue To Investigate Losses

Shepherd Smith Edwards and Kantas iCap Investment Loss Recovery Lawyers (investorlawyers.com) has been zealously investigating claims of losses involving one of the many iCap investments that were sold by US brokerage firms. One of the broker-dealers we are looking at is IBN Financial Services, which agreed in 2022 to be a placement agent for iCap Vault 1 and sell its notes for a minimum of $25/purchaser. The offering was a maximum of $500K in notes.

Other iCap investments:

Reg D Private Placement Loss Attorneys

Published on: March 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

More Allegations Of Allegedly Unsuitable Investment Recommendations Continue To Haunt Broker-Dealer HJ Sims. Our Seasoned Reg D Private Placement Loss Attorneys Represent Reg D Offering Investors

Four years after the US Securities and Exchange Commission (SEC) filed civil fraud charges against Herbert J. Sims & Co. (HJ Sims) accusing it of allegedly fraudulently selling certain “highly complex and high-risk” investments to retail customers, the broker-dealer is once more under scrutiny. This time, it is investors who are crying foul over the broker-dealer’s sale of Regulation D private placement offerings, a number of which have since defaulted.

High-risk, complex, and speculative, Reg D offerings should ideally only be sold to accredited investors. Yet retail customers, including older retirees, also may have ended up purchasing them at the alleged recommendation of a financial advisor.

Financial Advisor Fraud Law Firm

Published on: March 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Denver, CO Financial Advisor Fraud Law Firm

Fighting For Colorado Investors Against Brokerage Firms and Investment Advisers

If you have suffered investment losses and are wondering if someone should be held liable for what happened to you, please contact Shepherd Smith Edwards and Kantas Financial Advisor Fraud Law Firm (investorlawyers.com) today. Not only can we evaluate the cause of your portfolio losses and whether they warrant grounds for a financial advisor fraud lawsuit, but also, we offer quality securities law representation to Colorado investors from our law offices conveniently located in Denver and Ridgway, CO.