FINRA Arbitration Law Firm

Shepherd Smith Edwards and Kantas Wins $953K FINRA Arbitration Award Against Crown Capital Securities

Investors Suffered Losses in GPB, Non-Traded REITS, & Oil and Gas

Shepherd Smith Edwards and Kantas (investorlawyers.com) are pleased to announce that a Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded two investors $953,364K in their broker-dealer negligence lawsuit against Crown Capital Securities. The claimants had suffered losses in the following investments:

• GPB Capital Holdings
• Apex Oil
• MVP Parking
• Lodging Opportunity
• Strategic Student & Senior Housing

The award includes $780K in compensatory damages, interest, and other costs.

Oil and gas investments, non-traded real estate investment trusts (non-traded REITs), and private placements are all alternative investments. Usually illiquid, not regulated much, complex, and generally unsuitable for non-accredited investors, conservative retirees, and inexperienced investors, they can lead to significant losses even for sophisticated and wealthy investors especially if broker misconduct or carelessness was a factor.

Our seasoned alternative investment fraud lawyers worked closely with these two investors in preparing their FINRA lawsuit. This included conducting the necessary discovery to build a solid investor loss claim. We then represented them before the panel of arbitrators in San Diego, CA where we argued their case while protecting their legal rights.

Our Trusted FINRA Arbitration Law Firm Are Here For Investors 

For over three decades, we, at Shepherd Smith Edwards and Kantas, have dedicated our law practice to fighting exclusively for investors against broker-dealers, investment advisers, and their registered representatives whose negligence, misconduct, or due diligence failures contributed to their significant portfolio losses. With a combined over 100 years’ worth of experience in the securities industry and securities law, our FINRA Arbitration Law Firm, legal assistants, and consultants provides each client with quality, personalized legal representation.

More than 90% of the investors we have worked with have received full or partial financial recovery. This has equated to thousands of our clients collectively recovering many millions of dollars through arbitration, mediation, or litigation.

When you work with us, your investor loss claim will never get lost in the shuffle. We will make sure that the arbitration panel knows who you are and why your brokerage firm should pay you damages.

Our FINRA arbitration lawyers have represented investors in the most complex kinds of securities fraud claims and against the largest broker-dealers on Wall Street. You want an investment recovery law firm that has the skills to understand the nuances of why a particular financial product failed or what a financial advisor did to cause you to lose money.

Granted, not all portfolio losses are caused by broker negligence or fraud. And yet often, when they are, it can be hard to identify let alone prove exactly what the financial advisor is wrong. This is where our knowledgeable FINRA attorneys can step in.

Meanwhile, we are continuing to look into investors’ losses related to the alternative investments in this FINRA lawsuit. We are also still investigating a number of Crown Capital Securities brokers over allegations of broker misconduct.

What Should You Do If You Suspect You May Be The Victim of Broker Fraud?

First of all, do not try to settle your case without solid securities law representation, and definitely do not negotiate directly with your brokerage firm. Most broker-dealers will deny your allegations or even try to blame you for what happened.

What you should do is contact our FINRA Arbitration Law Firm today to request your free, no-obligation case assessment.

Call (800) 259-9010 today or contact us online.