Versity Investment Lawsuit

Shepherd Smith Edwards and Kantas Investigates Alleged $56M Versity Investment (NKA) Crew Enterprises Fraud

Contact Us Today If Your Broker-Dealer Sold You This Regulation D Offering

If you are an investor who has suffered losses in any of the alternative investments offered by Crew Enterprises (FKA) Versity Investments, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. The alternative asset firm, CEO/CO-Founder Blake Wettengel, and COO/Co-Founder Tanya Muro are defendants in a more than $56M investment fraud lawsuit.

They are accused of misappropriating syndication proceeds raised from investors and allegedly diverting the money to other real estate transactions and for their own use. Another defendant in this fraud case is Versity founder Brian Nelson, who is also an Emerson Equity broker.

There are concerns that investors may not be receiving returns on their Versity Income Property Notes that they are owed.

Versity Investments is a national real estate firm that manages student housing and multifamily properties close to college campuses in 11 US states. Versity Income Properties are the real estate investment offerings offered by Versity/Crew Enterprises. They are supposed to earn rental income for investors, who are offered indirect ownership in these professionally run properties that are Regulation D offerings and Delaware Statutory Trusts (DSTs).

Here Is a List of Versity Investment Offerings that were also named as defendants in this multimillion-dollar complaint:

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 4^TH DST
ONE ON 4^TH ST, LLC

How Can Our Regulation D Private Placement Investor Loss Law Firm Help?

Reg D offerings are risky, illiquid alternative investments that should only be marketed and sold by brokers to accredited investors who have the necessary investing experience.

Unfortunately, because of the high commissions that DSTs pay, there are broker-dealers that may bypass certain requirements and promote these private placements to retail investors, conservative retirees, and inexperienced investors.

Shepherd Smith Edwards and Kantas represents all kinds of investors who have suffered losses in Reg D offerings, including DSTs. We understand the complex nature of these investments and have successfully helped many of our clients recoup losses because their broker-dealer unsuitably recommended that they invest.

Often, misrepresentations and omissions may be involved, with financial advisors failing to properly advise investors of the risks, as are alleged negligence, even gross negligence, as well as a breach of fiduciary duty.

Did Emerson Equity Broker Brian Nelson Sell You Versity Income Property Notes?

Versity founder Brian Jensen Nelson has been an Emerson Equity registered representative since 2013 and a broker in the industry for 18 years. His BrokerCheck CRD lists 14 disclosures that include customer disputes and judgments/liens. Eight of the customer disputes that remain pending and allege fraud, negligence, breach of contract, breach of fiduciary duty, unsuitability, and more, were filed in the last two years.

If Brian Nelson unsuitably sold you Versity offerings, you may have grounds for an investment loss recovery claim against Emerson Equity.

Shepherd Smith Edwards and Kantas has helped thousands of investors to collectively recoup many millions of dollars from broker-dealers Call (800) 259-9010 or fill out this online form to request your free, initial case consultation.