Investment Fraud And Unsuitability Allegations Continue Plaguing HJ Sims Reg D Investments
Our Reg D Private Placement Lawyers Are Zealously Investigating Investor Losses
Shepherd Smith Edwards and Kantas Reg D Private Placement Lawyers (investorlawyers.com) is continuing to speak with investors who were sold an HJ Sims Regulation D offering by their financial advisor. These are high-risk investments that the broker-dealer may have allegedly unsuitably, maybe even fraudulently, sold—$2B in these private placements to customers, including retail investors and retirees. One can’t help but wonder if the high commissions and fees that HJ Sims brokers stood to earn from the sales took greater precedence over investors’ best interests.
Private placements are alternative investments that are generally illiquid, lack many of the protections that come with SEC-registered investments, and typically cannot be resold unless the investor can fulfill an “exemption.” They definitely should not be marketed to inexperienced or conservative investors.
Here is a list of HJ Sims offerings that we are scrutinizing:
- Fox Ridge Finance
- Orchard View, Acquisition
- DRSN Real Estate GP
- Elderwood Acquisition
- Heatherwood Acquisition
- Sims Merrill Gardens III
- Stuart Lodge Living/Stuart Lodge Properties
- Discovery Funding Sarasota Bay
- Athena Acquisition VI
- Epic Finance I
- Carmel Acquisition
- Treeo Funding I
- Fountains of Hope
- Tuscan Isle Property Company
- Tuscan Gardens of Venetia Bay Properties
- Gryphon BH Funding
- HJSI Athena Portfolio Finance
- Tuscan Isle ChampionsGate Prop. Co.
- Affinity Portfolio Funding
- Affinity Portfolio Funding II
- Affinity Portfolio Funding III
- Affinity Development Funding I
- BHCP Acquisition
- Vantage Point Funding I
- Sante Funding I
- Tuscan Gardens of Palm Coast Properties
- Vita Funding I
- LW Development Funding I
- Affinity Funding IV
- NHG Funding I
- Affinity Portfolio Funding V
- Affinity Portfolio Funding VI
- Monarch Funding I
- Sims Benchmark V
- TL Funding I
- Sims Merrill Gardens V
- Stonebridge Funding I
- NHG Funding II
- Riverview ALF Holdings
- Civitas Funding I
- Inspirit Venue Funding I
- Sims High Income Portfolio
- NHG Funding III
- Monarch Funding II
- Monarch Funding III
- Monarch Funding IV
- DRSN Real Estate GP
- TL Funding II
- NREA Southeast Portfolio Three
- Links Funding I
- Family Health Funding I
- Sims Benchmark VI
- NREA Retreat, DST
- Sims Merrill Gardens VI
- Griffin Capital (South Beach – Vegas) DST
- TL Funding III
- TL Funding IV
- Caraday Funding I
- Crown Point Funding I
- Magnolia Funding I
- Voralto Funding I
- Links Funding II
- ALG Funding IX
- Watermark FL Funding
- SAL Funding I
- Commercial Equipment Finance Income Fund
- Elevate Funding I
- Vinebrook Homes Trust
- Parliament Credit Opportunities Fund
- Comprehensive Care Funding I
- PPG Funding I
- PPG Funding II
- Hill Valley Funding I
- Links Funding III
- NexPoint Buffalo DST
- NexPoint Hughes DST
- HBS Acquisition Finance
- Mackenzie Preferred Funding
- Cleveland Thermal
- Sims Cathcart Funding
A number of these investments are now in default.
What Are Some of The Fraud Allegations Involving HJ Sims Regulation D Offerings?
According to SLCG Economic Consulting in a 2022 article, HJ Sim’s Reg D program may have been set up to allow its own executives to use clients’ funds to make big bets while, allegedly, they kept the gains and left retail clients with most of the losses. There also have been accusations that the broker-dealer was inflating these Regulation D private placement offerings, including the ones that may now be worthless.
Not only that, but also, contends SLCG, a number of HJ Sims executives ran or owned most of the Reg D issuers. If so, then these individuals allegedly stood to profit both from the offering phase and the sale of these investments.
How Can Our Reg D private placement lawyers Help?
Regulation D investments are non-public offerings. They are non-transparent, unregulated, and there is no definitive way to know what a Reg D bond is really worth.
You want to work with seasoned Reg D private placement lawyers that know how to investigate these types of complex products and how to prove that broker fraud or negligence played a role in your losses. Shepherd Smith Edwards and Kantas has been representing alternative investment investors for over 30 years. Over the years, more than 90% of our clients have received full or partial financial recovery.
Call (800) 259-9010 or contact us here. One of our savvy broker fraud lawyers would be happy to provide you with a free, initial case consultation.