Why Priority Income Fund’s Declining Net Asset Value Should Have Investors Worried

Published on: October 1, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Can Help You Assess Whether You Have Grounds for An Investment Loss Recovery Claim

Priority Income Fund’s net asset value (NAV) has dropped over 70% from $15 to $3.15 per share, signaling severe structural issues and underlying asset risks for investors. Because the fund relies on high-risk junk debt, collateralized loan obligations (CLOs), and heavy leverage, law firm Shepherd Smith Edwards and Kantas is offering legal aid for retail investors and retirees seeking recovery through FINRA arbitration.

If you suffered losses in Priority Income Fund, it is important that you contact Shepherd Smith Edwards and Kantas FINRA attorneys (investorlawyers.com) right away to request your free case consultation. This closed-end fund is heavily concentrated in collateralized loan obligations and senior secured loans, along with below-investment-grade (junk-rated) debt and riskier CLO equity tranches. Priority Income Fund was always an unsuitable investment recommendation for typical retail investors and conservative retirees.

Are You An Investor Who Suffered Losses in An Atlantic Coast Life Insurance Annuity?

Published on: October 1, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Contact Shepherd Smith Edwards and Kantas To Explore Your Legal Options

The South Carolina Department of Insurance has petitioned state court to place Atlantic Coast Life Insurance Company into rehabilitation following severe financial concerns, including allegations that tens of millions in unrated collateral loans were misreported as investment-grade bonds. Securities law firm Shepherd Smith Edwards and Kantas is offering free ase consultations to policyholders to assess whether their brokers unsuitably recommended these high-risk, illiquid annuities for high commission payouts.

The South Carolina Department of Insurance has filed a petition with a state court to place Atlantic Coast Life Insurance Company and its reinsurance affiliate Southern Atlantic Re into rehabilitation. The state’s insurance department is trying to gain control of the two insurers from owner Advantage Capital (A-Cap).

Northstar (Bermuda) Investor Sues Cetera Investment Services For Up to $500,000

Published on: October 1, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Is Representing This Chinese Investor In FINRA Arbitration

A Chinese retiree living in Texas is suing Cetera Investment Services for up to $500,000 in FINRA arbitration after losing his life savings in Northstar Financial Services (Bermuda). Represented by Shepherd Smith Edwards and Kantas, the investor alleges the brokerage firm and his advisor improperly recommended the risky offshore product, which is now in bankruptcy following its owner’s conviction for annuity fraud.

A Chinese national who resides in the United States has filed a broker misconduct lawsuit against Cetera Investment Services over losses he sustained in Northstar Financial Services (Bermuda). This Claimant contends that he entrusted his retirement savings to the brokerage firm and its financial advisor Helen Mei, who spoke his native language.

Chicago Institutional Investor Lawyers

Published on: October 1, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards Has Extensive Handling Complex Investment Loss Recovery Claims Against Brokerage Firms

Chicago is considered a global financial hub with a vast array of institutional investors. Many view this bustling city as a capital for private equity, pension funds, alternative asset management, mega funds, real estate asset managers, venture capital funds, endowments, and more.

If you are an institutional investor in Chicago or anywhere in Illinois that has suffered losses because of the careless or wrongful actions of a financial advisor, Shepherd Smith Edwards and Kantas (investorlawyers.com) can help. Contact our Chicago, IL securities law firm today to schedule your free case assessment.

Elderly Investor Sues Charles Schwab For Up To $5,000,000 After Hackers Steal Her Money

Published on: October 1, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Is Representing This Claimant

A nonagenarian investor represented by Shepherd Smith Edwards and Kantas has filed a FINRA arbitration claim seeking up to $5 million from Charles Schwab after hackers stole her seven-figure retirement savings. Despite the firm’s written security guarantee, Schwab has refused to compensate her, blaming her for falling for the scam and prompting the lawsuit alleging negligence and breach of fiduciary duty.

A nonagenarian widow has filed a FINRA arbitration claim against Charles Schwab & Co. after her account at the brokerage firm was infiltrated by hackers. She is seeking up to $5M in damages now that the theft has left her almost penniless. Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing this elderly investor.

Why Should Velocis Fund III Investors Explore Their Legal Options?

Published on: September 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Broker Negligence Lawyers Are Here To Help

Velocis Fund III investors who suffered significant losses may have grounds for FINRA arbitration against brokerage firms that misrepresented the fund as a safe, liquid investment. The law firm Shepherd Smith Edwards and Kantas offers free case evaluations to help retail investors and retirees recover damages caused by potential broker negligence or overconcentration.

If you are someone whose broker-dealer recommended that you invest in the Velocis Fund III, you may want to explore your legal options. This vintage real estate value-added fund, which has commercial real estate assets in the US Southwest and Southeast, is a high-risk investment.

FINRA Arbitration Panel Orders Charles Schwab To Pay Over $1.3M After 82-Year-Old Customer Was Victim of Crypto Scam

Published on: September 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Outside Third Party Made Wire Transfers From Trust Account To Commit Elder Financial Abuse

A FINRA arbitration panel ordered Charles Schwab to pay over $1.3 million to the estate of an 82-year-old customer after failing to prevent third-party wire transfers linked to a cryptocurrency scam. The article highlights that brokerage firms can be held liable for failing to protect customer accounts from elder financial exploitation and notes that victims of such scams can seek legal recovery.

A Financial Industry Regulatory Authority arbitration panel awarded the sons of a deceased customer nearly $1.34M in compensatory damages after finding that Charles Schwab & Co. failed to stop a third-party from accessing the investor’s money and illegally transferring assets in a scam involving Okcoin cryptocurrency. The Claimants contend that Schwab neglected to properly safeguard the account or respond to warning signs of senior financial exploitation. They are accusing the firm of breach of fiduciary duty, breach of contract, negligence, and more.

San Francisco Financial Product Failure Lawyers

Published on: September 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

We Represent Investors Throughout the SF Bay Area and Surrounding Regions Against Brokerage Firms

Shepherd Smith Edwards and Kantas represents Bay Area investors seeking to recover losses caused by broker negligence or misconduct in failed financial products. Their experienced team helps clients navigate complex FINRA arbitration to hold brokerage firms accountable and seek full financial compensation.

If you suffered investment losses in a failed financial product that was sold to you by your stockbroker, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. From our San Francisco, CA securities law office, we represent retail investors, retirees, accredited investors, high-net-worth investors, ultra-high-net-worth investors, and institutional investors against broker-dealers.

Claimant Sues Great Point Capital Over Nelson Brother DST Losses

Published on: September 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Broker Gabriel Menjin Is A Respondent In Six-Figure Investment Loss Recovery Claim

Law law firm Shepherd Smith Edwards and Kantas has filed a FINRA lawsuit against Great Point Capital and financial advisor Gabriel Menjin on behalf of an Oregon client seeking up to $500,000 in losses from Nelson Brothers Delaware Statutory Trusts (DSTs). The suit alleges that the firm unsuitably recommended these high-risk, illiquid private placements—which earned the broker-dealer over 10% in commissions—to the client’s elderly parents without properly disclosing risks, fee structures, or ongoing product defaults.

Shepherd Smith Edwards and Kantas FINRA Attorneys (investorlawyers.com) is representing an Oregon Claimant who suffered losses in a Nelson Brothers Delaware Statutory Trusts (DSTs) against Great Point Capital and its financial advisor Gabriel Menjin. In her FINRA lawsuit, our Client is suing for up to $500,000 plus interest and costs.

Chicago Misrepresentations and Omissions Law Firm

Published on: September 17, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Represents Illinois Investors Against Broker-Dealers and Their Financial Advisors

Shepherd Smith Edwards and Kantas is a Chicago-based securities law firm that represents Illinois investors seeking financial recovery after suffering losses due to broker misrepresentations, omissions, or fraud. Staffed by former financial industry insiders, the firm has helped over 90% of its client investors recover their funds through FINRA arbitration.

When a broker misleads an investor or fails to disclose certain material facts—whether intentionally or out of ignorance—this can lead to serious investment losses. It is why you want a seasoned Chicago, Illinois securities law firm like Shepherd Smith Edwards and Kantas (investorlawyers.com) representing you in pursuing damages for the financial harm you have suffered.

Investor Lawyers Blog

Shepherd Smith Edwards and Kantas Can Help You Assess Whether You Have Grounds for An Investment Loss Recovery Claim

Contact Shepherd Smith Edwards and Kantas To Explore Your Legal Options

Shepherd Smith Edwards and Kantas Is Representing This Chinese Investor In FINRA Arbitration

Shepherd Smith Edwards and Kantas Is Representing This Claimant

Our Broker Negligence Lawyers Are Here To Help

Outside Third Party Made Wire Transfers From Trust Account To Commit Elder Financial Abuse

We Represent Investors Throughout the SF Bay Area and Surrounding Regions Against Brokerage Firms

Broker Gabriel Menjin Is A Respondent In Six-Figure Investment Loss Recovery Claim

Shepherd Smith Edwards and Kantas Represents Illinois Investors Against Broker-Dealers and Their Financial Advisors