Current Investigations

FINRA arbitration Law Firm

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

Tokyo Couple Sues Bankoh and Broker Yoko Farias Over Northstar (Bermuda) Losses

Our Northstar Financial Services (Bermuda) Investment Recovery Lawyers Are Representing International Investors

In yet another FINRA arbitration claim, more Japanese investors are suing Bankoh Investment Services and its registered representative Yoko K. Farias over the losses they experienced in Northstar (Bermuda). In their six-figure lawsuit, the Tokyo couple is alleging overconcentration, unsuitable investment recommendations, misrepresentations and omissions, and gross lack of supervision. The Shepherd Smith Edwards and Kantas FINRA arbitration Law Firm are representing these international investors and others against both Bankoh and Farias.

RAD Diversified REIT Attorneys

Published on: March 4, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investment Losses in RAD Diversified REIT?

SSEK RAD Diversified REIT Attorneys Can Help You Explore Your Legal Options

It has come to our attention that investors of the non-traded real estate investment trust (non-traded REIT) RAD Diversified REIT may be having problems, including being unable to withdraw their funds due to some sort of temporary freeze. Distributions also may be suspended. At Shepherd Smith Edwards and Kantas (investorlawyers.com) we are offering free, no-obligation case assessments to help you determine whether you have grounds for an investment loss recovery claim.

Regulation D Private Placement Lawyers

Published on: March 4, 2024 | by Shepherd Smith Edwards & Kantas, LLP

HJ Sims Executives Are Believed To Have Profited Twice From Selling Reg D Offerings to Investors. Our Regulation D Private Placement Lawyers Are Investigating

Shepherd Smith Edwards and Kantas (investorlawyers.com) continue to investigate investor losses from Herbert J. Sims & Co. (HJ Sims) private placement offerings. Meanwhile, there is growing concern that the firm may have sought to profit beyond its sale of at least 93 Regulation D private offerings valued at about $2.2B billion over the past several years.

It was the sole brokerage firm that was exclusively selling 84 of these Reg D investments. Many were from issuers established by HJ Sims executives. This could be a conflict of interest, and they profited from both issuing the offerings and selling them.

Annuity Loss Recovery Attorney

Published on: March 4, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Florida Retiree Files 7-Figure Colorado Bankers Life Insurance Loss Lawsuit Against Citizens Securities. Our Annuity Loss Recovery Attorney Are Representing This Claimant

A senior investor who worked with former Citizens Securities broker David Paul Kopsak is suing the broker-dealer for up to $1,000,000 over losses that she sustained in Colorado Bankers Life Insurance Company. The brokerage firm is the one who approached her through Citizens Bank where she and her husband primarily had their money in CDs.

Promising to give her trustworthy financial advice, they then allegedly unsuitably recommended the couple place a substantial portion of their funds in a “very safe” CB Life annuity.

Bond Loss Recovery Lawyers

Published on: March 4, 2024 | by Shepherd Smith Edwards & Kantas, LLP

GWG Wind Down Trust Report Confirms That Filing A FINRA Lawsuit Is L Bond Investors’ Best Chance For Financial Recovery. Our GWG L Bond Loss Recovery Lawyers Are Representing Claimants In Suing Their Brokers

On February 15, the GWG Wind Down Trust report submitted a status report with the US Bankruptcy Court for the Southern District of Texas for the quarter that concluded on December 31, 2023.

While the Trust was able to generate money through a sale of certain tangible assets and its life insurance policy portfolio, it noted that it is finding it challenging to sell its shares in Beneficient, which last week closed at $0.2561/share—a significant drop from the original $15/share price.

New York Financial Advisor Fraud Lawyers

Published on: February 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

New York Financial Advisor Fraud Lawyers

From Our Buffalo Law Offices, Shepherd Smith Edwards and Kantas Is Dedicated To Fighting For NY Investors

Choosing a broker or investment adviser to manage your money is an important decision to make, and one would hope that any financial professional would take the responsibility seriously. Unfortunately, financial advisor fraud happens way too often and this can lead to serious losses for victims.

Western Colorado Financial Advisor Fraud Attorneys

Published on: February 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Western Colorado Financial Advisor Fraud Attorneys Fighting For Investors For More than 30 Years

With our law office conveniently located in Ridgway, Shepherd Smith Edward and Kantas (investorlawyers.com) represent clients throughout Colorado who have suffered serious losses due to financial advisor fraud. Unfortunately, there are registered representatives who will use their positions in brokerage firms and investment advisers to take advantage of their customers.

To schedule your free, no-obligation case assessment with one of our seasoned Western Colorado Slope financial misconduct attorneys, contact us today.

Oppenheimer PEP Margin Abuse Attorneys

Published on: February 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did Your Oppenheimer Broker Recommend The Firm’s Portfolio Enhancement Program? Our Savvy Oppenheimer PEP Margin Abuse Attorneys Are Investigating Investor Losses

If you suffered investment losses in the Oppenheimer Portfolio Enhancement Program (PEP), Shepherd Smith Edwards and Kantas (investorlawyers.com) want to talk to you. The proprietary program allegedly offered investors a chance to make an extra 5% if they would borrow money on margin to take part in the Oppenheimer PEP. This purportedly has included investing in private equity investments Alkeon 1 and Alkeon 2, both of which are illiquid and speculative.

Touted as a hedged investment, the minimum investment allowed was $1.25M. Oppenheimer PEP bet that options on indexes would stay within a tight range, which was supposed to let investors receive premiums and garner returns of up to 5% annually.

Horizon Private Equity Elder Financial Fraud Lawyers

Published on: February 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

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.

Horizon Private Equity Ponzi Scam Attorneys

Published on: February 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Ex-Oppenheimer John Woods Sentenced In $110M Horizon Private Equity III Scam

Our Broker Fraud Lawyers Are Continuing To Investigate Investor Losses

John J. Woods, a former Oppenheimer & Co. financial advisor who was caught defrauding hundreds of investors in a $110M Ponzi scam, is now sentenced to nearly eight years in prison. The ex-Georgia broker pleaded guilty to wire fraud last year. He has been ordered to pay up to $49.6M in restitution.