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Oceanside, CA Investor Sues Emerson Equity For Inspired Healthcare Capital Losses
Retiree Is Seeking Up to $1,000,000 For What She Alleges Was An Unsuitable Investment Recommendation
An older investor from Oceanside, California, is seeking up to $1 million in a FINRA arbitration claim against Emerson Equity for allegedly recommending unsuitable investments in an Inspired Healthcare Capital Delaware Statutory Trust that recently filed for bankruptcy. Represented by the law firm Shepherd Smith Edwards and Kantas, the retiree accuses the broker-dealer of negligence, excessive concentration, and failing to disclose high fees and conflicts of interest.
Once again, an older investor is suing Emerson Equity over losses she suffered in an Inspired Healthcare Capital (IHC) Delaware Statutory Trust (DST). This is someone who entrusted a significant amount of her retirement money with this broker-dealer and its financial advisors. IHC, which is an assisted living developer, filed for Chapter 11 Bankruptcy protection earlier this year. Now, she is pursuing up to $1,000,00 in financial recovery.
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