Institutional Investor Claims

As the CFO of a Company, a Bank or a Credit Union, Board member of a Municipality, or Trustee in charge of a Pension Fund, you work hard to fulfill your obligations for the people that count on you. In that quest you sought professional guidance assuming you would receive guidance that was in your entity's best interest. That is not always the case. Its not unusual that the outside professionals you hired to give you sound advice, actually gave you conflicted information. You relied on sales pitches that painted a rosy picture without disclosure of pitfalls and conflicts of interest.

Corporate and Other Business Entities

Municipal Bond Underwriting

Pension Funds

As always you acted in the best interest of the entity you oversaw. Most entities, large, medium or small rely on assistance from a third party financial professional to guide them through the troubling waters of proper investing techniques, cash management and navigation of financial straits. When those outside advisors make recommendations, it always assumed they have the entity's best interest at heart and actually know what they are talking about. As we have seen countless times before, it does not always work that way. Shepherd, Smith, Edwards & Kantas has experience in identifying what went wrong and then establishing a plan of attack to seek redress for the identified wrongs. We have experience in making presentations to committees and advisory boards with an eye towards explaining what went wrong and how the entity in question was misled by the third party advisor and his or her financial firm. This is all done as part of our due diligence. Part of the services we provide is the preparation of presentations for the Board and/or any administrators. At your request, we would visit and explain what went wrong and identify any acts and omissions of the underwriter that negatively impacted the Municipality.