Broker Fraud

Broker Fraud Lawyer

Published on: May 19, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Investor Seeks Up $1M In Damages Over UBS YES Losses. Our Broker Fraud Lawyer Are Representing This Claimant and Others Against UBS Financial Services

The Shepherd Smith Edwards and Kantas Broker Fraud Lawyer Team (investorlawyers.com) is representing another investor in their UBS Yield Enhancement Strategy (YES) loss lawsuit against UBS Financial Services. The claimant, an inexperienced New Jersey investor, is suing for up to $1M in damages. Unfortunately, she is just one of many who have suffered significant losses in the brokerage firm’s internally managed, high-risk options trading strategy.

Touted by UBS brokers as a way for investors to obtain marginally higher yields on existing portfolios while taking limited risks, the UBS YES program has caused serious losses for many of the firm’s wealthy clients. Its “iron condor” options overlay approach was allegedly implemented with reckless abandon.

Texas Broker Fraud Law Firm

Published on: May 19, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Estate of Texas Retiree With Dementia Files Six-Figure Broker Fraud Lawsuit Against LPL Financial And Broker Bradley Bowman. Brokerage Firm Allegedly Unsuitably Sold FS Energy & Power Fund and KBS Real Estate Investment Trust III

The Shepherd Smith Edwards and Kantas Texas broker fraud law firm (investorlawyers.com) are representing the estate of a deceased widow in a FINRA lawsuit against LPL Financial and its Houston broker Bradley Alan Bowman. The Katy, Texas investor, who was in his eighties, suffered from dementia. Now, his estate is seeking up to $500K in damages for losses sustained in the non-traded real estate investment trust (non-traded REIT) KBS Real Estate Investment Trust III, the non-traded business development company (non-traded BDC) FS Energy & Power Fund, and an annuity. All of these were too risky for someone of his age with this health issue.

In the broker fraud claim, the estate is alleging best interest violations, unsuitable investment recommendations, misrepresentations and omissions, breach of contract, breach of fiduciary duty, negligence, failure to supervise, and more. LPL and its Texas broker earned high commissions and fees from the illiquid alternative investments it sold to this elderly investor who entrusted them to manage his money properly so he could take care of himself and his family.

Northstar Bermuda Broker Fraud Attorney

Published on: May 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Our Northstar Bermuda Broker Fraud Attorney Represents South American Investors Over Northstar (Bermuda) Losses

Argentine Family Seeks Up To $1M in Damages from Truist Investment Services

Shepherd Smith Edwards and Kantas (investorlawyers.com) represent clients throughout Latin America and South America who suffered losses because a US-based brokerage firm marketed and sold them Northstar Financial Services (Bermuda) annuities. This includes a family in Buenos Aires—mostly of retirees—who entrusted Truist Investment Services (AKA SunTrust Investment Services) to keep their money secure. Now, they are suing the brokerage firm for up to $1,000,000 in damages.

L Bond Fraud Law Firm

Published on: April 10, 2024 | by Shepherd Smith Edwards & Kantas, LLP

San Diego Couple File Six-Figure GWG L Bond Lawsuit Against Infinity Financial Services And Broker Anna Marie Ocampo Lovell. Our California IL Bond Fraud Law Firm Are Representing This Older Couple

Shepherd Smith Edwards and Kantas (investorlawyers.com) represent retail investors who have suffered losses in GWG Holdings. The alternative asset company is accused of running an allegedly more than $1.6B Ponzi scam that has left tens of thousands of investors who purchased GWG L Bonds, including many retirees, with huge losses.

Our clients include a San Diego couple who are suing Infinity Financial Services and La Jolla, CA-based financial advisor Anna Marie Ocampo Lovell for up to six figures in damages. The investors, who both suffer from health issues, entrusted this Infinity broker to tailor their portfolio to their best interests and protect them from taking on any undue risks.

Dallas Financial Advisor Fraud Law Firm

Published on: March 28, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Dallas, Texas Financial Advisor Fraud Law Firm

Representing Investors Over Losses Caused by Stockbroker Misconduct or Negligence

Founded in 1990, Shepherd Smith Edwards and Kantas (investorlawyers.com) is proud to be one of the most recognized and well-respected financial advisor fraud law firms both in Texas and the United States. Led by Senior Securities Law Partners Kirk Smith, Sam Edwards, and William Shepherd, we represent investors in going after the brokerage firms and investment advisers whose wrongful or negligent actions caused serious investment losses.

Florida Financial Advisor Fraud Attorneys

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Florida Financial Advisor Fraud Attorneys From Our Tampa Law Office, We Represent Retail Investors, Retirees, High-Net-Worth Investors, and Institutions

With so many investors from all walks of life living in Florida, it is important to know that our trusted Tampa financial advisor fraud law firm is here to help. Shepherd Smith Edwards and Kantas (investorlawyers.com) represent retail investors, seniors, retirees, accredited investors, high-net-worth individual investors, and institutional investors in pursuing the damages they are owed because of broker misconduct or negligence.

Whether you have been the victim of Florida Financial Advisor Fraud Attorneys by a broker or investment adviser, or a registered representative based elsewhere in the United States, we cannot stress how essential it is that you work with seasoned securities lawyers who have the experience and resources to see your investment loss recovery claim to its conclusion.

Broker Fraud Law Firm

Published on: November 21, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Chinese Investor Who Suffered Losses in iCap Securities?

Our Broker Fraud Law Firm Represents Non-US Citizens in Recouping Losses From US Brokerage Firms

Shepherd Smith Edwards and Kantas Broker Fraud Law Firm (investorlawyers.com) is representing both US citizens and non-US citizens in recouping their losses involving iCap. Some 1800 investors are believed to have purchased iCap investments that were issued by iCap Enterprises and sold by US-based broker-dealers, which appear to have been paid up to 10% in commissions by iCap Equity.

L Bond Loss Lawyers

Published on: November 15, 2023 | by Shepherd Smith Edwards & Kantas, LLP

There is Still Time To Try To Recover Your GWG L Bond Losses

California Brokers From Expelled Firm Ordered To Pay More Than $1M To Investor

A Financial Industry Regulatory Authority (FINRA) arbitration panel recently awarded over $1 million in damage to a GWG L Bond investor. The three respondents in the case were all former financial advisors at the now-expelled broker-dealer Accelerated Capital Group in Costa Mesa, CA. Two of them, Michael Barrows and Eric Ludovico, were ordered to pay the award. (They are now registered M Stevens Securities brokers in Irvine, CA.)

Investment Broker Fraud Law Firm

Published on: October 23, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Did Emerson Equity Broker Tony Barouti Sell You GWG L Bonds?

The Investment Broker Fraud Law Firm of Shepherd Smith Edwards and Kantas Is Continuing To Investigate Investor Losses

If you are an investor who suffered losses in GWG Holdings L Bonds, please contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. To date, our Investment Broker Fraud Law Firm has filed a number of broker fraud lawsuits against the broker-dealers and, in some cases, their registered representatives who allegedly unsuitably sold these high-risk junk bonds to investors. GWG Holdings is accused of operating a more than $1.6B Ponzi scam.

Louisiana Broker Fraud Attorneys

Published on: August 1, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Louisiana Broker Fraud Attorneys

Our Seasoned New Orleans Securities Law Firm Represents Investors Against US-Based Broker-Dealers

Trusting a financial professional to manage your funds comes with the hope that they will, at the very least, keep your money safe if not grow your assets. Unfortunately, that isn’t always what happens. Investors have been known to suffer serious portfolio losses due to broker fraud or misconduct. From our Metairie securities law offices in Jefferson Parish, Shepherd Smith Edwards and Kantas (investorlawyers.com) represents Louisiana clients in pursuing damages from US-based broker-dealers through arbitration, mediation, and litigation.