Emerson Equity and Broker Baldini Sued for $1M+ in Inspired Healthcare Capital DST Losses

Investors Sue Emerson Equity and Broker Dominic Julio Baldini Over Inspired Healthcare Capital Losses

Our Delaware Statutory Trust Recovery Lawyers Are Representing These Claimants in Their FINRA Lawsuits 

Shepherd Smith Edwards and Kantas (investorlawyer.com) has filed two separate investment loss recovery claims against Emerson Equity and its registered representative Dominic Julio Baldini over losses these investors sustained in Inspired Healthcare Capital Trust (IHC) and its Delaware Statutory Trusts (DSTs).

One of the FINRA lawsuits was submitted by a Florida couple that is seeking up to $1M in damages. The other case, brought by a retiree in her sixties who lives in California, is a six-figure claim.

In the seven-figure Florida IHC loss lawsuit, the Claimants are two seniors who are alleging unsuitability, overconcentration, misrepresentations and omissions, failure to supervise, breach of contract, negligence, gross negligence, breach of fiduciary duty, and more. This is a couple who entrusted a significant amount of their savings to Emerson Equity and Baldini.

As for the California investor, she also entrusted a substantial chunk of her life and retirement savings to this broker-dealer and its financial advisors. It was Emerson Equity brokers Tim and Ryan Sherer, who run the Sherer Group, that approached her by sending a direct mail flyer. They invited her to attend an investment seminar. Both Sherers are not respondents in her FINRA lawsuit.

Emerson Equity and its brokers were able to earn a multi-layer of fees of up to 12.5% from these transactions.

What Is Inspired Healthcare Capital and Why Are Investors Suing Emerson Equity?

IHC is an alternative asset firm involved in the senior housing space, which it offers to investors in the form of Delaware Statutory Trusts. These are illiquid, risky investments that should have only been sold to accredited investors and certainly not to retirees who were unwilling to take on much risk.

Now, Inspired Healthcare Capital is under regulatory investigation by the US Securities and Exchange Commission (SEC). It has suspended investor redemptions and investment offerings.

Shepherd Smith Edwards and Kantas has been speaking to many IHC investors who lost money in an IHC Delaware Statutory Trust. Already, we have filed a number of investment loss recovery claims against Emerson Equity.

Baldini is a respondent in many of these claims, and there are also Emerson Equity brokers who were allegedly involved in selling these Regulation D private placements. These transactions appear to have been more in the best interest of the brokerage firm than in those of its customers.

Why Speak With Our Inspired Healthcare Capital Loss Law Firm?

During your free, no obligation case consultation, our IHC Fraud attorneys can help you assess whether you have grounds for suing Emerson Equity or any other brokerage firm that unsuitably sold you these DSTs.

If we decide to work together, you would be represented by experienced Inspired Health Care DST recovery attorneys who are very familiar with these investment products, the reasons they failed, and how to best hold the broker-dealers that sold them liable.

Contact Shepherd Smith Edwards and Kantas Inspired Healthcare Capital Loss Attorneys Today

We are a seasoned securities law firm that has helped thousands of investors to collectively recoup many millions of dollars in awards and settlements because of damages owed to them by brokerage firms and investment advisers. Call (800) 259-9010 or fill out this online form.

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