We are Representing a Claimant in Inspired Healthcare Capital Lawsuit

San Diego Retiree Sues Emerson Equity And Three Brokers Over Inspired Healthcare Capital Losses Involving Delaware Statutory Trusts 

Shepherd Smith Edwards and Kantas Is Representing This Claimant

If you are an investor who sustained losses in Inspired Healthcare Capital (IHC), our alternative investment law firm wants to talk to you. Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing a San Diego senior investor who is suing Emerson Equity and brokers Dominic Julio Baldini, Troy Lee Robertson, and Mathew David Copley for up to $500,000 in damages. We filed his investment loss recovery claim in FINRA arbitration.

The Claimant is an inexperienced investor who entrusted Emerson and its financial advisors with his assets. In his FINRA lawsuit, he is alleging the unsuitable recommendation of IHC Delaware Statutory Trusts (DSTs), which he contends were misrepresented as safe and guaranteed.

Considering that DSTs offer benefits to investors involved in 1031 exchanges involving real estate, and this investor was not someone doing a 1031 exchange, it was highly unusual and suspect that the Respondents placed him in this risky, illiquid investment. DSTs should only be sold to accredited and experienced investors. This retiree claims that the risks were never properly explained to him.

While two of the brokers who are being sued used a different office name—Copley Financial—they are still registered representatives of Emerson Equity. Dominic Baldini is named as a respondent in this investment loss recovery claim in his capacity as a Control Person and an Emerson Equity Agent.

Now, Inspired Healthcare Capital has suspended investor redemptions and the DST offerings. The US Securities Exchange Commission (SEC) is conducting a regulatory investigation. Not only that, but Inspired Healthcare Capital was not investment grade or even rated.

What these alternative investments did offer, however, was a multi-layer of fees of up to 12.5% that were paid to broker-dealers and their registered representatives.

This senior investor is now looking at a near-total loss of principal.

Emerson Equity Brokers Sold Inspired Healthcare Capital DSTs

Our alternative asset loss lawyers are representing a number of investors in their IHC fraud cases against Emerson Equity and other broker-dealers. Shepherd Smith Edwards and Kantas has over a century’s worth of collective experience in the industry. The majority of our clients have secured full or partial financial recovery.

You want to work with trusted securities lawyers who have experience in FINRA arbitration, which is where investor disputes with broker-dealers are filed. This is not the same as going to court. Call (800) 259-9010 or fill out this contact form to schedule your free case consultation.