I’m An Older Investor Who Lost Money In The Horizon Private Equity III Ponzi Scam. Can I Get My Money Back?
Contact Our Seasoned Elder Financial Fraud Lawyers Today To Discuss Your Legal Options
For the hundreds of mostly senior investors who lost money in the more than $110 million Horizon Private Equity Ponzi scam, the impact of their losses has led to devastating, life-altering consequences. Retirement funds have been depleted and, for many, questions about how or if they can obtain financial recovery remain.
At Shepherd Smith Edwards and Kantas (investorlawyers.com) we represent elderly investors and retirees in pursuing damages from the brokers whose negligence or misconduct exposed their clients to various kinds of investment scams whether or not the latter was directly involved in perpetrating the fraud.
With the alleged Horizon Private Equity III scheme, former Oppenheimer broker John Justin Woods has since pleaded guilty to running the Ponzi scam. Investors were promised 6-7% returns on their investment and reassured that there was minimal risk involved. Instead, their funds were used in a Ponzi-like fashion to pay earlier investors their supposed “returns.” Woods, who was an Oppenheimer broker from 2003 to 2016, operated the fraud through his registered investment advisor Livingston Group Asset Management Company (DBA as Southport Capital). His CRD notes 55 disclosures. Most of them are customer disputes, including still pending ones in which claimants are seeking six- to seven-figures in damages.
How Can Our Senior Investor Loss Attorneys Help?
Brokerage firms have a duty to properly supervise their registered representatives. When broker negligence enables a financial advisor to defraud investors, the firm could be held liable. Already Oppenheimer has ordered more than $50M to investors who lost money in this Horizon Private Equity III Ponzi scam.
Shepherd Smith Edwards and Kantas have been fighting for investors against the largest firms on Wall Street for over 30 years. We have the skills, knowledge, and resources to see your Horizon Private Equity Ponzi loss claim to its conclusion.
More than 90% of investors we have represented received full or partial financial recovery. Many of our clients are senior retirees who lost money because their broker made unsuitable investment recommendations, overconcentrated their assets, made misrepresentations and omissions, excessively traded in the client’s account, or outright stole their money.
Our elder financial abuse law firm works with senior investors and their families who have been the victims of broker fraud all over the United States. Should we agree to work together we will thoroughly investigate the causes of your losses and file a solid and complete FINRA lawsuit on your behalf.
Large firms such as Oppenheimer have an abundance of resources at their disposal and they will most certainly have their own attorneys on retainer. It is important that you have your own skilled legal team protecting your best interests.
With over 30 years exclusively representing investors against brokerage firms and investment advisors, our savvy elderly financial abuse attorneys have worked with clients in over 1000 matters in arbitration, mediation, and litigation. Many of us are former financial advisors who left that industry because we did not like the bad behavior and unsavory practices that we witnessed that were causing investors financial harm. We now use our knowledge as “former insiders” to fight for our clients.
How To Contact Our Horizon Private Equity Elder Financial Fraud Lawyers:
To schedule your free, no-obligation case consultation with one of our Horizon Private Equity Elder Financial Fraud Lawyers, call (800) 259-9010 today.