Featured Investigation

L Bond Fraud Lawyers

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Illinois Investors File 7-Figure GWG Loss Lawsuit Against Moloney Securities and Broker John Shortal. Our L Bond Fraud Lawyers Are Representing These Claimants Who Are Alleging Unsuitability, Misrepresentations

A family of GWG Holdings investors are seeking up to $1M in damages plus interests and costs in their FINRA lawsuit against Moloney Securities and its Illinois broker John Patrick Shortall. Shepherd Smith Edwards and Kantas L Bond Fraud Lawyers (investorlawyers.com) are representing these claimants.

Their GWG fraud lawsuit alleges that Shortall was more concerned with commission earnings than the fiduciary duties owed to these investors. The claimants are also contending that Moloney Securities was beyond complacent in its supervision of this broker and the products it chose to solicit. In their L Bond loss recovery claim, the Illinois family is also alleging unsuitability, misrepresentations and omissions, and overconcentration involving these illiquid junk bonds.

Ponzi Scam Attorneys

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investor Losses While Working With Barred Osaic Wealth Broker Marat Likhtenstein? Our Ponzi Scam Attorneys Are Looking Into Allegations of a $1.24M Fraud

Shepherd Smith Edwards and Kantas Ponzi Scam Attorneys (investorlawyers.com) are looking into allegations that ex-Osaic Wealth financial advisor Marat Likhtenstein stole $1.24M from clients in an alleged Ponzi scam. We are offering a free, no-obligation case assessment to former customers of this now-barred New York broker who suffered serious losses.

Likhtenstein, who worked in the industry for 30 years, was an Osaic Wealth registered representative from 2018 to 2024 when the firm fired him after he allegedly did not disclose personal loan transactions with a client. He was permanently barred by the Financial Industry Regulatory Authority (FINRA) that same year.

Investor Loss Recovery Attorneys

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did Your Tigress Financial Partners Broker Unsuitably Recommend A Participant Capital Fund To You? Our Investor Loss Recovery Attorneys Are Investigating Claims

Shepherd Smith Edwards and Kantas Investor Loss Recovery Attorneys (investorlawyers.com) are looking into claims of losses by current and former customers of Tigress Financial Partners involving the sale of Participant Capital investments. According to Participant Capital’s website, the alternative asset firm invests in “ground-up development, distressed, and value-add real estate projects in the Sun Belt States,” and Puerto Rico. Multi-family, mixed-use, residential, commercial, hospital, and medical office facilities are among the properties involved, as well as the following:

The Legacy Hotel & Residences in Miami

San Diego Unsuitability Lawyers

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

San Diego, CA Unsuitability Lawyers

Representing Southern California Investors Who Have Been The Victims of Unsuitable Investment Recommendations By Their Financial Advisors

If you are a Southern California investor who has sustained serious losses because you suspect that your broker or investment adviser made a too-risky or otherwise inappropriate recommendation to you, contact the San Diego law office of Shepherd Smith Edwards and Kantas (investorlawyers.com) today. For investors in Northern and Central California, you may want to reach out to our San Francisco securities law office.

Florida Failure To Supervise Law Firm

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

When Sunshine State Investors Lose Because Of Lax Oversight By Broker-Dealers

From our securities law office in Tampa, FL, Shepherd Smith Edwards and Kantas Florida Failure To Supervise Law Firm (investorlawyers.com) represent investors throughout the state whose portfolio losses might have been avoided or lessened were it not for a failure to supervise by the broker-dealer. Supervisory deficiencies are commonly cited as a legal cause for why a customer may choose to seek damages. To schedule your free case consultation, contact us today.

What Is Failure To Supervise?

Structured Product Fraud Law Firm

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

New York Family Sues Osaic Wealth Over Structured Product Losses

Osaic Broker Allegedly Unsuitably Recommended an Auto-callable Contingent Coupon Equity Linked Note

The Shepherd Smith Edwards and Kantas Structured Product Fraud Law Firm (investorlawyers.com) is representing a mother and daughter in their FINRA lawsuit against Osaic Wealth (FKA Woodbury Financial Services). The claimants, who are both older investors, worked with Osaic broker Joseph Barnas.

Elder Financial Abuse Lawyers

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investment Losses While Working With Former Morgan Stanley Broker Ronald Diaz? Our Elder Financial Abuse Lawyers Represent Seniors and Their Families

Shepherd Smith Edwards and Kantas Elder Financial Abuse Lawyers (investorlawyers.com) is investigating claims of portfolio losses involving former customers of ex-Morgan Stanley broker Ronald Diaz. The Financial Industry Regulatory Authority (FINRA) permanently barred him in 2023 and he was fired by the brokerage firm in 2022 following allegations that he defrauded a customer.

Now, the ex-Florida financial advisor is sentenced to 22 months in prison after he pleaded guilty to wire fraud. Diaz defrauded one of his elderly clients by misrepresenting an investment in an annuity that supposedly guaranteed a 10% return. According to the US Attorney’s Office for the District of Arizona, he told the customer to move $970K to Diaz’s family members, who then transferred most of the money back to the financial advisor.

Financial Advisor Misconduct Attorney

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Victim of Investment Adviser Fraud? SEC Accuses Upright Financial Group and Founder David Yow Shang Chiueh Of Defrauding Investors of $1.6M

If you believe you were the victim of investment adviser fraud, contact Shepherd Smith Edwards and Kantas Financial Advisor Misconduct Attorney (investorlawyers.com) today. We are looking into allegations that RIA Upright Financial Corp., its Upright Investments Trust, and found David Yow Shang Chiueh not only defrauded investors of $1.6M but also violated a settlement agreement with the US Securities and Exchange Commission (SEC).

Upright and Chiueh reached a settlement agreement with the regulator a few years ago over allegations that the RIA firm and its founder made investments not in line with its classification as a diversified investment company and its own concentration policy. Instead, per the SEC’s investigation, over 25% of their Upright Growth Fund’s assets were invested in one industry over several years. This is known as overconcentration and can lead to serious investment losses.

Broker Misconduct Lawyers

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Tesla, Nvidia, Amazon, and Other “Magnificent Seven” Stocks Track Worst Performances. Our Broker Misconduct Lawyers Are Exploring Whether Unsuitable Recommendations of Tech Stocks May Have Led To Overconcentration, Margin Abuse

Shepherd Smith Edwards and Kantas (investorlawyers.com) are closely monitoring the markets at this time to determine whether investors whose brokers heavily invested them in “Magnificent 7” stocks may have grounds for an investment loss recovery claim.

Following two years of leading stocks’ rallies, the largest technology companies—Amazon (AMZN), Alphabet (GOOGL, GOOG), Tesla (TSLA), Microsoft (MSFT), and Meta (META)—are underperforming and leading the major indexes downward. Apple is also down.

Bond Loss Lawyers

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

For GK Investment Holdings 7% Bond Investors, Financial Recovery May Be An Option.

You May Be Able To Pursue An Investment Loss Recovery Claim

Our investment Bond Loss Lawyers are continuing to look into claims of portfolio losses involving GK7% bond investors. GK 7% bonds, issued by GK Investment Holdings, had promised a 7% interest.