{"id":1297,"date":"2013-08-14T09:54:47","date_gmt":"2013-08-14T09:54:47","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2013\/08\/professional_athletes_celebrit"},"modified":"2022-03-10T16:38:12","modified_gmt":"2022-03-10T22:38:12","slug":"professional-athletes-celebrit","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/professional-athletes-celebrit\/","title":{"rendered":"Professional Athletes, Celebrities Often Targeted for Securities Fraud"},"content":{"rendered":"<p>\t\t\t\tThe <a href=\"https:\/\/www.investorlawyers.com\/\">Shepherd Smith Kantas &amp; Edwards law firm <\/a>has represented many athletes and other celebrities who lost millions because of improper handling of their investments.  While overspending and poor investing are two common causes for these losses, the rich and famous also make easy targets for securities fraud, which is when our securities law firm steps in.<\/p>\n<p>One reason for this is that many professional athletes and other people that have become famous are not prepared or well informed about how to manage their new wealth. This can make them easy prey for irresponsible or purposely negligent financial advisers. <\/p>\n<p>&#8220;We listen to complaints daily about the mishandling of investors accounts,&#8221; said <a href=\"https:\/\/www.investorlawyers.com\/william-s-shepherd.html\">Shepherd Smith Edwards and Kantas founder and securities fraud lawyer William Shepherd<\/a>. &#8220;Yet, it is surprising even to me that financial firms and advisors would engage in financial wrongdoing that harms high-profile investors. Many &#8216;financial sociopaths&#8217; have zero thought about others and, apparently, little concern for their own negative notoriety.&#8221;<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/professional-athletes-celebrit\/\"  title=\"Continue Reading Professional Athletes, Celebrities Often Targeted for Securities Fraud\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Shepherd Smith Kantas &amp; Edwards law firm has represented many athletes and other celebrities who lost millions because of improper handling of their investments. While overspending and poor investing are two common causes for these losses, the rich and famous also make easy targets for securities fraud, which is when our securities law firm [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3741],"tags":[2620,2621],"class_list":["post-1297","post","type-post","status-publish","format-standard","hentry","category-securities-fraud","tag-athletes","tag-celebrities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Professional Athletes, Celebrities Often Targeted for Securities Fraud &#8212; Investor Lawyers Blog &#8212; August 14, 2013<\/title>\n<meta name=\"description\" content=\"The Shepherd Smith Kantas &amp; Edwards law firm has represented many athletes and other celebrities who lost millions because of improper handling of &#8212; August 14, 2013\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/professional-athletes-celebrit\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Professional Athletes, Celebrities Often Targeted for Securities Fraud &#8212; Investor Lawyers Blog &#8212; August 14, 2013\" \/>\n<meta name=\"twitter:description\" content=\"The Shepherd Smith Kantas &amp; Edwards law firm has represented many athletes and other celebrities who lost millions because of improper handling of &#8212; August 14, 2013\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Professional Athletes, Celebrities Often Targeted for Securities Fraud &#8212; 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