Articles Tagged with Inspired Healthcare Capital fraud attorneys

Brokers Reportedly Earned Over $100M From Selling $1.2B Of Inspired Healthcare Capital Funds and DSTs

Following the $1.2 billion bankruptcy of Inspired Healthcare Capital, the law firm Shepherd Smith Edwards and Kantas is investigating claims that brokerage firms earned over $100M in fees by unsuitably selling these risky DSTs and funds to retirees. The firm warns investors that some broker-dealers may be attempting to represent them in bankruptcy proceedings to avoid being sued for negligence and Regulation Best Interest violations.

Shepherd Smith Edwards and Kantas, Inspired Healthcare Capital fraud attorneys (investorlawyers.com) is representing many of the investors whose brokers unsuitably marketed and sold $1.2B of Inspired Healthcare Capital (IHC) Funds and Delaware Statutory Trusts (DSTs) to them. According to the assisted living developer’s recent Chapter 11 bankruptcy filing, there are 3300 Inspired Healthcare Capital Fund investors, 2,300 Inspired Healthcare Capital DST Investors, and 200 development investors.