Articles Tagged with failure to supervise attorneys

Shepherd Smith Edwards and Kantas Continue to Investigate Oppenheimer Over Horizon Private Equity III Losses

Broker-Dealer Allegedly Neglected To Stop Multimillion-Dollar Ponzi Scam By Former Financial Advisor

For the past two years, Shepherd Smith Edwards and Kantas (investorlawyers.com) have been investigating claims of losses by investors who were defrauded in the alleged $120M Horizon Private Equity III Ponzi scam. While Oppenheimer does not appear to have been directly involved in the fraud, run by its ex-broker John Woods in Georgia, there appear to be grounds for suing the broker-dealer for its purported gross negligence and failure to properly supervise this financial advisor.