{"id":30130,"date":"2024-05-19T20:56:55","date_gmt":"2024-05-20T01:56:55","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=30130"},"modified":"2024-05-19T20:57:48","modified_gmt":"2024-05-20T01:57:48","slug":"texas-broker-fraud-law-firm","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/texas-broker-fraud-law-firm\/","title":{"rendered":"Texas Broker Fraud Law Firm"},"content":{"rendered":"<p><strong>Estate of Texas Retiree With Dementia Files Six-Figure Broker Fraud Lawsuit Against LPL Financial And Broker Bradley Bowman.\u00a0<\/strong><strong>Brokerage Firm Allegedly Unsuitably Sold FS Energy &amp; Power Fund and KBS Real Estate Investment Trust III<\/strong><\/p>\n<p>The Shepherd Smith Edwards and Kantas Texas broker fraud law firm (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) are representing the estate of a deceased widow in a <a href=\"https:\/\/www.finra.org\/\" target=\"_blank\" rel=\"noopener\">FINRA<\/a> lawsuit against <a href=\"https:\/\/www.investorlawyers.com\/lpl-financial.html\">LPL Financial<\/a>\u00a0and its\u00a0<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/2898756\">Houston broker Bradley Alan Bowman<\/a>. The Katy, Texas investor, who was in his eighties, suffered from dementia. Now, his estate is seeking up to $500K in damages for losses sustained in the non-traded real estate investment trust (non-traded REIT)\u00a0<a href=\"https:\/\/www.investorlawyers.com\/kbs-real-estate-investment-trusts.html\">KBS Real Estate Investment Trust III<\/a>, the non-traded business development company (non-traded BDC)\u00a0<a href=\"https:\/\/www.investorlawyers.com\/fs-energy-power.html\">FS Energy &amp; Power Fund<\/a>, and an annuity. All of these were too risky for someone of his age with this health issue.<\/p>\n<p>In the broker fraud claim, the estate is alleging best interest violations, unsuitable investment recommendations, misrepresentations and omissions, breach of contract, breach of fiduciary duty, negligence, failure to supervise, and more. LPL and its Texas broker earned high commissions and fees from the illiquid alternative investments it sold to this elderly investor who entrusted them to manage his money properly so he could take care of himself and his family.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/texas-broker-fraud-law-firm\/\"  title=\"Continue Reading Texas Broker Fraud Law Firm\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Estate of Texas Retiree With Dementia Files Six-Figure Broker Fraud Lawsuit Against LPL Financial And Broker Bradley Bowman.\u00a0Brokerage Firm Allegedly Unsuitably Sold FS Energy &amp; Power Fund and KBS Real Estate Investment Trust III The Shepherd Smith Edwards and Kantas Texas broker fraud law firm (investorlawyers.com) are representing the estate of a deceased widow in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":30137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,4882,3783,4769,3762,4055],"tags":[5078],"class_list":["post-30130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-fraud","category-broker-misappropriation","category-broker-misconduct","category-broker-negligence","category-current-investigations","category-featured-investigation","tag-texas-broker-fraud-law-firm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Texas Broker Fraud Law Firm<\/title>\n<meta name=\"description\" content=\"SSEK Texas broker fraud law firm represents the estate of a deceased widow in a FINRA suit against LPL Financial\u00a0broker Bradley Alan Bowman\" \/>\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\/texas-broker-fraud-law-firm\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Texas Broker Fraud Law Firm\" \/>\n<meta name=\"twitter:description\" content=\"SSEK Texas broker fraud law firm represents the estate of a deceased widow in a FINRA suit against LPL Financial\u00a0broker Bradley Alan Bowman\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2024\/05\/Texas-Broker-Fraud-Law-Firm.jpg\" \/>\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":"Texas Broker Fraud Law Firm","description":"SSEK Texas broker fraud law firm represents the estate of a deceased widow in a FINRA suit against LPL Financial\u00a0broker Bradley Alan Bowman","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/texas-broker-fraud-law-firm\/","twitter_card":"summary_large_image","twitter_title":"Texas Broker Fraud Law Firm","twitter_description":"SSEK Texas broker fraud law firm represents the estate of a deceased widow in a FINRA suit against LPL Financial\u00a0broker Bradley Alan Bowman","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2024\/05\/Texas-Broker-Fraud-Law-Firm.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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