Current Investigations

Alternative Investment Loss Recovery Lawyers

Published on: March 18, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did Your Cova Capital Broker Unsuitably Sell You Private Placements? Contact Our Alternative Investment Loss Recovery Lawyers Today

Shepherd Smith Edwards and Kantas (investorlawyers.com) is speaking to investors who sustained losses in private placement offerings that were sold to them by Cova Capital Partners. The broker-dealer was sanctioned by the Financial Industry Regulatory Authority (FINRA) and ordered to pay a $30K fine.

FINRA contends that between June 2018 and December 2021, Cova purportedly recommended three private placements to retail investors but neglected to perform the necessary due diligence to have reasonable grounds for thinking the offerings were suitable or in the best interests of at least some of the customers.

Starwood REIT Loss Law Firm

Published on: March 18, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Sustain Losses In Starwood Real Estate Income Trust?

You May Have Grounds For An Investor Lawsuit Against Your Broker-Dealer

Shepherd Smith Edwards and Kantas Starwood REIT Loss Law Firm (investorlawyers.com) is working with investors who may have been unsuitably sold the Starwood Real Estate Income Trust (SREIT) by a financial advisor. Once again, MacKenzie Realty Capital has launched a tender offer to buy up to 150,000 of Class S shares of Starwood REIT for $15.30/share. That is a 30% reduction to Starwood’s most recent estimated NAV as of Nov 30, 2024, of $21.84/share.

Broker Fraud Lawyers

Published on: March 18, 2025 | by Shepherd Smith Edwards & Kantas, LLP

HJ Sims Investors Who Suffered Losses Should Contact Our Broker Fraud Lawyers Today. Brokerage Firm May Have Defrauded Customers With Sale of Reg D Offerings

Herbert J Sims (HJ Sims) is being investigated by Shepherd Smith Edwards & Kantas over allegations that its brokers sold unsuitable, perhaps even fraudulent proprietary private placement offerings to customers. Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) are looking into these claims and speaking to investors who may have been harmed.

Over the last decade, HJ Sims has sold at least 93 Regulation D private placement offerings collectively valued at about $2.2B. The broker-dealer exclusively sold 84 of these products, many of which its own executives are believed to have set up and controlled—setting up a possible conflict of interest from commissions or fees to be earned on both the offering and selling ends. A lot of these HJ Sims bonds have since defaulted. At least 43 HJ Sims Reg D offerings purportedly did not submit state-mandated yearly registration forms.

New Orleans Overconcentration Law Firm

Published on: March 18, 2025 | by Shepherd Smith Edwards & Kantas, LLP

The SSEK New Orleans Overconcentration Law Firm is Representing Louisiana Investors Who Were The Victims of Broker Negligence or Fraud

Shepherd Smith Edwards and Kantas (investorlawyers.com) are proud to represent investors from Bayou State who have been the victims of excessive concentration by their financial advisors. From our Metairie, LA securities law offices, we offer robust securities representation and personalized attention to retail investors, retirees, accredited investors, seniors, high-net-worth investors, ultra-high-net-worth investors, and institutional investors.

Why Overconcentration Is Unsuitable For Most Investors

Non-Traded REIT Recovery Attorneys

Published on: March 4, 2025 | by Shepherd Smith Edwards & Kantas, LLP

NorthStar Healthcare Income REIT Investor Sues Transamerica Financial Advisors Over Losses. Shepherd Smith Edwards and Kantas Non-Traded REIT Recovery Attorneys are Representing This Claimant In His Six-Figure Lawsuit

Real estate investment trusts (REITs) can be risky investments and they are not suitable for many retail investors and conservative retirees. In Financial Industry Regulatory Authority (FINRA) arbitration, Shepherd Smith Edwards and Kantas (investorlawers.com) is representing a Pennsylvania senior investor who is seeking up to $500K from broker-dealer Transamerica Financial Advisors over losses he sustained in REITs, such as NorthStar Healthcare Income REIT (NHI).

The claimant, as he was nearing retirement, entrusted part of his retirement savings to the broker-dealer and one of its registered representatives. Unfortunately, instead of giving him prudent investment advice, his Transamerica Financial Advisors broker unsuitably recommended risky products, including non-traded REITs.

FINRA Arbitration Lawyers

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas FINRA Arbitration Lawyers Investigates Investor Losses in Alleged $75M AGM Fund Fraud Involving AG Morgan Advisors

Ex-IBN Financial Brokers Vincent Camarda and James McArthur Accused of Fraudulently Selling Complete Business Solutions Group/Par Funding/AGM Fund Promissory Notes

If you are an investor who suffered losses while working with either AG Morgan Advisors Vincent Camarda or James McArthur after they marketed and sold to you the alternative investment Complete Business Solutions Group Inc. (DBA as Par Funding) or one of the AGM Funds, Shepherd Smith Edwards and Kantas FINRA Arbitration Lawyers (investorlawyers.com) can help you determine whether you have grounds for a security claim to recoup any losses. Already, numerous FINRA lawsuits have been filed.

Alternative Investment Loss Recovery Attorneys

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

As LPL Financial Expands Alternative Investment Platform, Exposure To Greater Risk of Loss Also Increases. Our Alternative Investment Loss Recovery Attorneys Represent Investors in FINRA Arbitration

Over the last several months, LPL Financial has been enhancing its ability to sell more alternative investments to customers. These are generally riskier and more illiquid offerings than traditional investments. Many alternative investments, including business development companies and non-traded real estate investment trusts, are unsuitable for retail investors. But, as Shepherd Smith Edwards and Kantas Senior Partner and Securities Attorney Sam Edwards said to InvestmentNews, “This is undoubtedly a way for LPL to join the party and start selling these investments to retail clients to increase LPL’s revenue as well as the risk to its customers.”

https://youtu.be/jEBXBIAWLc8?si=4p5R251gzboUw1l3

Bond Loss Recovery Law Firm

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Are You A GK7% Bond Investor Who Worked With JCC Advisors Or Another Brokerage Firm? Contact Our Bond Loss Recovery Law Firm Today

Shepherd Smith Edwards and Kantas Bond Loss Recovery Law Firm (investorlawyers.com) is offering free, no-obligation initial case consultations to those of you whose brokers may have unsuitably recommended GK7% bonds and you have since sustained serious losses. Our securities law firm is investigating allegations that broker-dealers may have failed to conduct the necessary due diligence into issuer GK Investment Holdings.

What Are GK Investment Holdings 7% Bonds?

Northstar Bermuda Fraud Attorneys

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Northstar Financial Services (Bermuda) Investors Still Have Time To Sue Their Broker-Dealers. Our Northstar Bermuda Fraud Attorneys Continue To Speak To Foreign Nationals Who Have Suffered Losses

More than four years after Northstar Financial Services (Bermuda) filed for bankruptcy protection, Shepherd Smith Edwards and Kantas (investorlawyers.com) continue to receive calls from investors from Japan, China, and all over Latin America who have sustained serious losses because their US-based broker-dealer marketed and sold them these offshore annuities. To date, we have filed more than 100 FINRA lawsuits on behalf of both Americans and non-US citizens who have sustained serious losses issued by the different insurers owned by Greg Lindberg. The North Carolina billionaire acquired Northstar (Bermuda) in 2018. Last year, he pleaded guilty to running a $2B annuity fraud.

Throughout the US and internationally, our Northstar Financial Services (Bermuda) loss attorneys are the ones that many investors have turned to in terms of determining whether their financial advisors unsuitably recommended this investment, made misrepresentations and omissions about the risks, overconcentrated their accounts, disregarded their best interests, or were negligent or even grossly negligent. Unfortunately, the temptation of high commissions appears to have compelled many financial advisors to disregard red flags indicating anything was amiss.

Elder Financial Exploitation Lawyers

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Morgan Stanley Ordered To Pay Elderly Investor $843K. FINRA Arbitration Panel Says Broker-Dealer Neglected To Protect Senior Scam Victim

A Financial Industry Regulatory Authority (FINRA) arbitration panel recently ordered Morgan Stanley to pay an elderly Florida widow $843,000 in compensatory damages after she fell victim to financial scammers. According to the ruling, the broker-dealer was negligent and should be held liable.

The claimant accused Morgan Stanley of breach of fiduciary duty, breach of contract, and breach of care owed to a senior investor when it allegedly did not protect her from fraudsters. This 75-year-old sustained nearly $1.75M in losses from what her broker negligence lawsuit contends was a “clear breach” of securities industry standards meant to protect older investors.