Investor Lawyers Blog

Broker Fraud Law Firm

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

For GK 7% Bond Investors Who Sustained Serious Losses, The Time To Act Is Now. Our Broker Fraud Law Firm Can Help You Assess Whether You Have Grounds For A Claim

If you are a GK 7% Bond investor, there is still time to explore your legal options and find out whether your broker should be held liable for your investment losses. Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to investigate the broker-dealers, including managing brokerage firm JCC Advisors, that marketed and sold these debt instruments to customers. Contact us today to request your free, initial case consultation.

What Are GK 7% Bonds?

Investment Broker Fraud

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Barred Morgan Stanley Broker Jesus Rodriguez Gets 12-Year Sentence For Investment Broker Fraud

Jesus “Chuy” Rodriguez de la Cruz (“Rodriguez”), an ex-Morgan Stanley stockbroker in Texas, was sentenced to 12 years in prison for defrauding investors in a multimillion-dollar investment fraud. His CRD on BrokerCheck lists him as Jesus Rodriguez.

Rodriguez was barred by the Financial Industry Regulatory Authority (“FINRA”) in 2021. The U.S. Securities and Exchange Commission (“SEC”) filed a complaint against Rodriguez last year accusing him of misappropriating over $4.6 million from the accounts of at least 10 investors at Morgan Stanley where he was a registered representative from 2009 to 2021.

Private Placement Lawyers

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

GPB Capital Holdings Must Pay Investors Who Were Defrauded $400M Payout, Says Judge. Our GPB Private Placement Lawyers Are Here To Explore Your Legal Options

A New York Federal Judge approved a payout plan of up to $400M to investors who were harmed in the more $1.8B GPB Capital Holdings Ponzi scam. The order comes after insiders from the alternative asset company argued that the settlement was unfair since they still could be subject to liability.

However, U.S. District Judge Margot K. Brodie found that such concerns did not supersede the need to compensate the victims. She determined that the proposed plan was” fair and reasonable.”

REIT Fraud Attorneys

Published on: April 16, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Florida Investor Sues J Alden Associates Over RAD Diversified Losses. Our Non-Traded REIT Fraud Attorneys Are Representing This Claimant In Her Six-Figure Lawsuit

Shepherd Smith Edwards and Kantas REIT Fraud Attorneys (investorlawyers.com) are representing an investor who is seeking up to $500K in damages from broker-dealer J Alden Associates. This claimant is an older novice investor and a soon-to-be retiree with health issues. We believe that her J Alden broker Nathan Daniel Goad unsuitably recommended too risky products, including RAD Diversified and Key Capital while overconcentrating her portfolio. Goad is also a Florida investment adviser with the Alden Investment Group.

In her FINRA lawsuit, our client is alleging unsuitable investment recommendations, misrepresentations and omissions, failure to supervise, excessive concentration, negligence, gross negligence, breach of contract, and more. She contends that she made it clear about not wanting to take on any undue risk and needed safety. Meanwhile, her J Alden broker purportedly told her the accounts would be structured prudently to satisfy her investment goals. Instead, her money ended up in risky, unproven, illiquid investments that tied up the majority of her assets. These were investments that paid high commissions to this financial advisor.

Stockbroker Misconduct Attorneys

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did Imprisoned Oppenheimer Broker John Woods Defraud You In $110M Horizon Private Equity III Scam? Our Stockbroker Misconduct Attorneys May Be Able To Help

Shepherd Smith Edwards and Kantas Stockbroker Misconduct Attorneys (investorlawyers.com) are continuing to investigate claims of investor losses involving the $110M Horizon Private Ponzi Fraud once run by convicted former Oppenheimer financial advisor John Justin Woods. The former stockbroker, who pleaded guilty to wire fraud, defrauded hundreds of investors, including many seniors, retirees, and veterans, from around the United States.

He operated his scheme through Livingston Group Asset Management Company (Southport Capital) and his Horizon Private Equity III LLC, and he also worked as an Oppenheimer registered representative. This is why the broker-dealer has been sued by many of Woods’ victims.

Kentucky Overconcentration Lawyers

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

From Our Lexington, Kentucky Overconcentration Lawyers, We Represent Investors Whose Financial Advisors Excessively Concentrated Their Accounts

For more than 30 years, Shepherd Smith Edwards and Kantas Kentucky Overconcentration Lawyers (investorlawyers.com) have represented Kentucky investors who have sustained losses in their investment accounts because of overconcentration. This is a serious problem that occurs all too often and may have been avoided were it not for financial advisor misconduct or negligence. Contact our Lexington excessive concentration law firm to schedule your free, initial case assessment.

Overconcentration Can Lead To Serious Losses For Kentucky Investors

SSEK Broker Fraud Attorneys

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Broker Fraud Attorneys Investigates Former Traderfield Securities/Momentix Capital and IBN Ex-Financial Broker Vincent Camarda

Customers Who Suffered Losses File FINRA Lawsuits For Over $23M

Shepherd Smith Edwards and Kantas Broker Fraud Attorneys (investorlawyers.com) is looking into claims of losses of former customers of ex-IBN Financial Broker Vincent Jerome Camarda. Previous to that, he was a registered representative with Traderfield Securities, which is now known as Momentix Capital. Camarda continues to be a registered investment adviser with AG Morgan Financial Advisors.

Selling Away Attorneys

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Our Selling Away Attorneys Represent Investors In Recouping Your Losses

If you sustained investment losses and wondering whether broker misconduct or negligence played a part, contact Shepherd Smith Edwards and Kantas Selling Away Attorneys (investorlawyers.com) today. We have been representing US investors for more than 30 years against broker-dealer and investment advisers.

One type of stockbroker fraud that happens is called selling away. That is the term given to when a financial advisor sells a security that their firm has not vetted and approved to a client. This can be highly risky for the investor because this means that the brokerage firm has not done the necessary due diligence to ensure the investment’s legitimacy, safety, and compliance. This could expose the customer to potential fraud and loss.

L Bond Fraud Lawyers

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Illinois Investors File 7-Figure GWG Loss Lawsuit Against Moloney Securities and Broker John Shortal. Our L Bond Fraud Lawyers Are Representing These Claimants Who Are Alleging Unsuitability, Misrepresentations

A family of GWG Holdings investors are seeking up to $1M in damages plus interests and costs in their FINRA lawsuit against Moloney Securities and its Illinois broker John Patrick Shortall. Shepherd Smith Edwards and Kantas L Bond Fraud Lawyers (investorlawyers.com) are representing these claimants.

Their GWG fraud lawsuit alleges that Shortall was more concerned with commission earnings than the fiduciary duties owed to these investors. The claimants are also contending that Moloney Securities was beyond complacent in its supervision of this broker and the products it chose to solicit. In their L Bond loss recovery claim, the Illinois family is also alleging unsuitability, misrepresentations and omissions, and overconcentration involving these illiquid junk bonds.

Ponzi Scam Attorneys

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investor Losses While Working With Barred Osaic Wealth Broker Marat Likhtenstein? Our Ponzi Scam Attorneys Are Looking Into Allegations of a $1.24M Fraud

Shepherd Smith Edwards and Kantas Ponzi Scam Attorneys (investorlawyers.com) are looking into allegations that ex-Osaic Wealth financial advisor Marat Likhtenstein stole $1.24M from clients in an alleged Ponzi scam. We are offering a free, no-obligation case assessment to former customers of this now-barred New York broker who suffered serious losses.

Likhtenstein, who worked in the industry for 30 years, was an Osaic Wealth registered representative from 2018 to 2024 when the firm fired him after he allegedly did not disclose personal loan transactions with a client. He was permanently barred by the Financial Industry Regulatory Authority (FINRA) that same year.