The Shepherd Smith Edwards and Kantas FINRA Law Firm Is Representing Claimants in Their Delaware Statutory Trust Loss Lawsuit

The Shepherd Smith Edwards and Kantas FINRA Law Firm is representing inexperienced investors in a six-figure lawsuit against Capulent over significant losses sustained in Vintage DST. The claim alleges that brokers unsuitably recommended these risky, illiquid investments while failing to disclose an ongoing $56M fraud involving Versity/Crew Enterprises.

Two investors are suing brokerage firm Capulent, financial advisor Edward Eric Fernandez, and firm control person Justin Matthew Bacchman over losses they sustained in Vintage DST from Versity Investments /(NKA) Crew Enterprises.  The Shepherd Smith Edwards and Kantas FINRA Law Firm (investorlawyers.com) is representing these Claimants in their six-figure lawsuit against Capulent and its financial advisors. We are also representing other Versity/Crew Enterprises investors against other brokerage firms.

Versity/Crew Enterprises is a no-name entity whose top executives are accused of operating a $56M investment fraud. Many investors are looking at serious losses.

Why Are  Inexperienced Investors Suffering Losses in Versity DSTs?

This couple, who now reside in Washington State, are inexperienced investors who never should have invested in Vintage DST. This Delaware Statutory Trust was illiquid and too risky for them from the start. Yet, they contend, Capulent unsuitably recommended this Versity/Crew Enterprises product and overconcentrated their account, which was a violation of their best interests.

In their Vintage DST loss recovery claim, filed in FINRA arbitration, these investors are alleging misrepresentations and omissions,  unsuitability, violation of Regulation Best Interest, excessive concentration, due diligence failures, breach of fiduciary duty, breach of contract, vicarious liability, negligence, gross negligence,  failure to supervise, ongoing fraud, and more.

The Respondents earned a multi-layer of fees of up to around  9.29%. Meantime, our Clients are looking at serious losses in Vintage DST, which is an untested product with a short track record. There is no way these investors, who were unfamiliar with Delaware Statutory Trusts,  could have known that this was an inappropriate recommendation or about the risks involved—especially as the Respondents gave no indication that there was trouble.

Now, this couple is looking at a near-total loss of their investment principal and everything they entrusted to the Respondents.

Did Capulent Broker Edward Eric Fernandez Sell You Versity DST or Other Alternative Investments and You Suffered Serious Portfolio Losses?

• This financial advisor has worked 24 years in the industry, including nine years with Capulent.
• Edward Eric Fernandez’s BrokerCheck CRD lists 15 customer disputes filed since June 2025 that are all still pending.
• Many of the customers are claiming six-figure losses involving Vintage DST or some other Versity/Crew Enterprises investment.

Why Hire Shepherd Smith Edwards and Kantas To Represent You in Your Versity/Crew Enterprises DST Lawsuit?

• Experienced securities lawyers representing many Versity/Crew Enterprises investors against their brokers in FINRA arbitration.
• Successfully handled many complex investment loss lawsuits, including those involving DSTs.
• Highly familiar with why brokers should be held liable for Versity/Crew Enterprises investors’ losses.
• We are a seasoned FINRA law firm that has won awards or negotiated settlements for most of our clients.

Over the years, we have secured a collective many millions of dollars in awards or settlements for investors.

Talk To Our Vintage DST Recovery Attorneys Today

If you are someone who sustained losses in a Versity/Crew Enterprises investment, and you want to explore your legal options, contact us today. You can also call our FINRA Law Firm at (800) 259-9010 to schedule your free, no obligation case assessment.