Delaware Statutory Trust Law Firm

Florida Investor Files 7-Figure Inspired Healthcare Capital Fraud Lawsuit Against Emerson Equity

Claimant Is Suing For Up to $5,000,000 in a FINRA Arbitration Case

The Shepherd Smith Edwards and Kantas Delaware Statutory Trust Law Firm (investorlawyers.com) is representing a St. Petersburg, FL Claimant against Emerson Equity and its registered representatives, Dominic Julio Baldini and Dan Laurence Werry.

In his Inspired Healthcare Capital (IHC) loss case, the investor is pursuing up to $5,000,000 in damages. This Florida resident alleges that not only did he sustain serious losses in IHC Delaware Statutory Trusts, but also in Montego Minerals, a private placement that invests in oil and gas wells.

This FINRA lawsuit is alleging unsuitable investment recommendations, overconcentration, Regulation Best Interest violations, misrepresentations and omissions, breach of contract, negligence, and more.

Our Client is someone who made it clear to Emerson Equity that he was not interested in taking on undue risk with his retirement assets. He claims that the Respondents assured him that the investment recommendations were relatively safe, low risk, secure, and guaranteed.

Unfortunately, Inspired Healthcare Capital, which was involved in DSTs in the senior living space, has ceased functioning, and investor redemptions have been suspended. It is also now under regulatory investigation by the US Securities and Exchange Commission (SEC).

Not only that, but these were alternative investments that were illiquid, high-risk, and paid high commissions and fees to financial advisors. Broker-dealers who sold IHC Delaware Statutory Trusts to investors were able to make up to 12.5% through a multi-layer of fees.

Not only that, but Emerson Equity acted not only as a managing broker-dealer when it came to Inspired Healthcare Capital. It was the sole underwriter. The oil and gas investment paid roughly the same commission to this brokerage firm.

Baldini acted as the control person. He is also a Respondent in other Delaware Statutory Trust lawsuits we have filed against Emerson Equity. Dan Werry was this Claimant’s Emerson Equity broker. He is not a Respondent in the case.

Why Hire Our Delaware Statutory Trust Law Firm?

The Shepherd Smith Edwards and Kantas Delaware Statutory Trust Law Firm is representing many Inspired Healthcare Capital investors against Emerson Equity. We are well-versed in what happened with this alternative asset company and its DSTs and the reasons that brokerage firms should be held liable.

You want to work with a Delaware Statutory Trust Law Firm where you will become part of a unit of investor loss recovery claims against a broker-dealer. Emerson Equity, which we have gone up against many times over the years on behalf of investors, knows that we have the skills, resources, and commitment to maximize each Client’s chance for full recovery in arbitration, mediation, and litigation.

The brokerage firm takes any investor lawsuits we file against them seriously. We are dedicated to providing robust securities representation and customized attention to each Client.

Contact Our Delaware Statutory Trust Law Firm Today

If you sustained losses in Inspired Healthcare Capital, Versity Investments, or any other DSTS, call our Delaware Statutory Trust Law Firm at (800) 259-9010 or fill out this online form to schedule your free, initial case consultation.