Alternative Investment Lawyers

Did You Suffer Investor Losses While Working With Financial Advisor Angelo Talebi?

This Beverly Hills Financial Planners Investment Adviser May Have Unsuitably Sold GWG L Bonds, Non-Traded REITs 

Shepherd Smith Edwards and Kantas (investorlawyers.com) are speaking with investors who sustained serious losses while working with California financial advisor Angelo Talebi. The ex-Independent Financial Group stockbroker, who is a registered investment adviser and the CEO of Beverly Hills Financial Planners, has 40 customer disputes listed on his CRD.

Many of these investment loss recovery claims have resulted in settlements with the claimants, while others are still pending. Allegations in customer disputes against him include unsuitable recommendations, overconcentration, omissions, misrepresentations, negligence, margin abuse, and more.

This includes a six-figure arbitration claim brought against Independent Financial Group on behalf of a retiree who is seeking up to $500K in damages. The claimant contends that Talebi allegedly unsuitably recommended high-risk alternative investments, such as Arc Healthcare Trust, NYC REIT, American Realty Capital, Cole Credit Property Trust V, CIM Real Estate Financial Trust, Healthcare Trust, and Inland Real Estate Income.

This investor alleges that, over the years, Talebi and the broker-dealer repeatedly reassured her that these were solid investments; meanwhile, they purportedly did not tell her that many of them would remain illiquid for years.

Our skilled Alternative Investment Lawyers are also looking into claims that Angelo Talebi unsuitably marketed and sold GWG L Bonds to customers. These high-risk junk bonds are now being tied to an alleged more than $1.6B Ponzi scam. Dozens of broker-dealers made a lot of money in commissions and fees by selling L Bonds to investors and disregarding red flags indicating potential investment fraud.

Our Alternative Investment Lawyers Are Here To Help 

For over 30 years, Shepherd Smith Edwards and Kantas have worked to help investors recoup their investment losses from liable broker-dealers and investment advisers, as well as their registered representatives. Even if the financial advisor you worked with is no longer with the firm, as long as the statute of limitations has not expired, you may be able to file an investment loss recovery claim.

If you sustained losses while working with investment adviser Angelo Talebi, we can help you explore your legal options. Already, we are representing clients against a number of the non-traded real estate investment trusts (non-traded REITs) he is accused of unsuitably recommending. We are also helping many retirees to recoup their L Bond losses from broker-dealers.

Over the decades, our trusted alternative investment law firm has recovered a collective many millions of dollars for thousands of investors. Call (800) 259-9010 today to schedule your free, initial case consultation.