Current Investigations

REIT Fraud Lawyers

Published on: November 13, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Investor Who Sustained Losses in KBS REIT III? Our Skilled Non-Traded REIT Fraud Lawyers Can Help You Explore Your Legal Options

Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to investigate losses involving KBS Real Estate Investment Trust III, Inc. (KBS REIT III). We recently filed a six-figure lawsuit against LPL Financial and its Houston registered representative Bradley Alan Bowman on behalf of a Texas retiree who sustained significant losses in this publicly registered non-traded real estate investment trust (non-traded REIT), as well as other alternative investments.

In light of the recent news that KBS REIT III has amended its loan agreement with lenders, in part to extend the maturity date of its amended loan of $601.3M until November 20—this is its sixth extension agreement—the concerns over potential investor losses continue.

Misrepresentations and Omissions Lawyers

Published on: November 13, 2024 | by Shepherd Smith Edwards & Kantas, LLP

When Misrepresentations Lead To Investor Losses

Two JPMorgan Chase Affiliates Ordered to Pay $151M By the SEC

Broker-dealers are required to ensure that customers are given accurate and complete information when it comes to investments that they are recommending. This is one of the reasons that in a recent enforcement action, the US Securities and Exchange Commission (SEC) announced that JPMorgan Securities and JPMorgan Investment Management agreed to pay a combined $151M in civil penalties and investor payments to settle a number of enforcement actions over allegations that included misleading disclosures, as well the failure to act in clients’ best interests and a breach of fiduciary duty.

New Orleans Alternative Investment Fraud Attorneys

Published on: November 13, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Our Louisiana Securities Law Firm Is Here To Protect and Fight For Investors Against Rogue and Negligent Brokers

From our Metairie, LA law offices in East Jefferson Parish, Shepherd Smith Edwards and Kantas New Orleans Alternative Investment Fraud Attorneys (investorlawyers.com) is proud to represent Louisiana investors who have sustained alternative investment losses caused, even if just in part, by financial advisor fraud or negligence.

For over 30 years, our New Orleans alternative investment loss law firm has represented retail investors, retirees, accredited investors, high-net-worth investors, and institutional investors in arbitration, mediation, and litigation. We care about helping to make our clients financially whole again.

Alternative Investment Loss Attorneys

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Hatteras Core Alternative Funds And Investor Losses

Our Alternative Investment Loss Attorneys Are Investigating For Broker-Dealer Negligence

Shepherd Smith Edwards and Kantas Alternative Investment Loss Attorneys (investorlawyers.com) are continuing to investigate the brokerage firms and their registered representatives that may have unsuitably recommended Hatteras Investment Partners Funds to customers. In particular, these investments include:

Broker Churning Attorney

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

If You Sustained Investment Losses While Working With Suspended Spartan Capital Broker Jesse Krapf, Contact Us Today

New York Financial Advisor Is Suspended by FINRA for Alleged Churning, Unsuitable Trading, and More

Our Broker Churning Attorney teams are investigating claims of losses involving customers of Spartan Capital registered representative Jesse D. Krapf. The New York financial advisor was suspended by the Financial Industry Regulatory Authority (FINRA) for five months for allegedly unsuitable and excessive trading and violating Regulation Best Interest (Reg BI) while working with an older customer.

Dallas Elder Financial Abuse Lawyers

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Dallas Elder Financial Abuse Lawyers

Representing Older Texas Investors and Their Families In Recouping Their Portfolio Losses

Headquartered in Texas, Shepherd Smith Edwards and Kantas (investorlawyers.com) work with older investors and their loved ones in suing the financial advisors and their firms that committed elder financial abuse against them. Contact our Dallas, TX securities law firm today to explore your legal options.

Elder Financial Exploitation Law Firm

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Older California Couple Files Elder Exploitation Lawsuit Against Schwab, Bank of America, & Unchained Trading

Plaintiffs Lost Over $18.5M in Cryptocurrency Scam

Two older investors have filed an elder exploitation lawsuit accusing Bank of America, Charles Schwab, and Unchained Trading of failing to protect them from a scam that cost them more than $18.5M.

Chicago Financial Advisor Negligence Attorneys

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investor Losses While Working With Cetera Broker Colin Kelty? Our Chicago Financial Advisor Negligence Attorneys Are Investigating

Shepherd Smith Edwards and Kantas (investorlawyers.com) is speaking to investors who sustained losses while working with Illinois broker Colin Christy Kelty, who has been a registered representative with Cetera Investment Services since 2011.

There are currently four disclosures on Kelty’s CRD, including a still pending unsuitable investment recommendation lawsuit involving structured products in which the claimant is seeking more than $1.5M in damages. Another still pending case, in which the investor is seeking $240K in damages, is accusing Kelty of failing to liquidate certain securities.

Houston, TX Elder Financial Abuse Lawyers

Published on: October 31, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Houston, TX Elder Financial Abuse Lawyers are Representing Older Investors & Their Families Against Broker-Dealers and Investment Advisers

Elder financial abuse is what happens when an older senior becomes the victim of financial exploitation. The perpetrator can be a friend, a relative, a caretaker, or even an unscrupulous financial professional. At Shepherd Smith Edwards and Kantas (investorlawyers.com), we represent Texas families in recovering their losses caused by elder financial abuse committed by a stockbroker or an investment adviser. We know suffering serious portfolio losses can be devastating and even more so if you are an older individual.

Who Is At Risk of Becoming The Victim of Elder Financial Abuse by a Stockbroker or an Investment Adviser?

FINRA Arbitration Attorneys

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas FINRA Arbitration Attorneys Secures $100,000 FINRA Arbitration Award Against TDAmeritrade

Our Client, An Older Investor, Was Defrauded By Scammers Through His Accounts With TDAmeritrade, now Charles Schwab & Co.

Our Texas elder financial abuse attorneys are pleased to announce that we have obtained a roughly $100,000 FINRA arbitration award for an Austin investor who lost much of his life savings after scammers managed to take money from his accounts with TDAmeritrade. The firm has since merged with Charles Schwab & Co.