Founders of Versity Investments Face Lawsuits Alleging Misappropriation of Investor Funds

Are You An Investor Who Suffered Losses in Versity Investments?

If Your Broker Sold You These DSTs, Contact Our Regulation D Investor Attorneys Today

Shepherd Smith Edwards and Kantas (investorlawyer.com) is representing investors who have suffered losses in Versity Investments (NKA) Crew Enterprises. The alternative asset firm and a few of its top executives are accused of perpetuating a more than $56M investor scam.

In an investment fraud lawsuit filed by Knights Hill Ireland II and KHCA Funding LLC,  the national real estate firm is being sued for allegedly misappropriating investor funds, which its founders purportedly diverted for their own use or toward other real estate transactions.

Versity Investments oversees multifamily properties and student housing near college campuses in nearly a dozen US states. Its investors appear to have been told that they would be able to earn income from rents if they purchased indirect ownership in these professionally run Delaware Statutory Trusts and private placements.

Here are the Versity Income Property offerings:

  • VERSITY EQUITYCO, LLC
  • VERSITY EQUITYCO II, LLC
  • HAYWORTH TANGLEWOOD DST
  • HAYWORTH TANGLEWOOD ST, LLC
  • VINTAGE DST
  • VINTAGE ST, LLC
  • THE WALK DST
  • THE WALK ST, LLC
  • ONE ON 4TH DST
  • ONE ON 4TH ST, LLC

The problem with Reg D offerings, including DSTs and other private placements, is that these are illiquid, non-transparent, high-risk investments. They should not be sold to retail investors and conservative investors, including older seniors, who have no-to-low risk tolerance levels and/or are inexperienced investors.

Yet, unfortunately, the high commissions and fees that financial advisors could earn may have compelled some of them to disregard investors’ best interests.

While going after Versity Investments is one way to try and recoup your money, your chances for financial recovery could be stronger if you were to pursue damages from the broker-dealer who unsuitably marketed and sold you these Regulation D offerings.

As a matter of fact, one of the founders of Versity Investments is Brian James Nelson, who also happens to be an Emerson Equity broker. Nelson’s CRD lists eight customer disputes that have been filed since 2023. Shepherd Smith Edwards and Kantas is investigating Brian Nelson and other registered representatives that sold Versity Investments DSTs .

Already, we have filed a 7-figure DST lawsuit against Emerson Equity and its stockbrokers Dominic Julio Baldini and Ryan David. The claimants, two Colorado retirees, are accusing the Respondents of unsuitably recommending DSTs from Versity Investments and alternative asset firm Inspired Healthcare Capital.

We are also looking at other brokerage firms that may have sold Versity Investments to customers.

Why Hire Our Versity Investments DST Recovery Lawyers 

Our securities law firm has been fighting for investors for decades.

We have the skills, knowledge, and resources to build a solid case on the investor’s behalf and maximize their chances for a full recovery. Our trusted Delaware Statutory Trust attorneys are well-versed in what happened with Versity Investments and why you may be able to hold your broker liable.

Call (800 259-9010 or contact us online to schedule your free case consultation.

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