Featured Investigation

Alternative Investment Loss Law Firm

Published on: October 2, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Houston, TX Alternative Investment Loss Law Firm

We Represent Texas Investors Who Have Suffered Losses Because of Unsuitable Recommendations and Other Kinds of Broker Fraud

From our Houston, Texas securities law office, Shepherd Smith Edwards and Kantas represents investors who have sustained losses in alternative investments that were unsuitably marketed and sold to them by their financial advisor. This is an investment that doesn’t fall under the more conventional categories of investments. Most alternative investments do not even have to be registered with the US Securities and Exchange Commission (SEC) and are not subject to many of its requirements.

Options Strategy Loss Lawyer

Published on: September 26, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Houston Retirees File $5,000,000 Lawsuit Against Fidelity

Shepherd Smith Edwards & Kantas, LLP (investorlawyers.com) Options Strategy Loss Lawyer teams are representing more Fidelity customers wrongfully convinced to use options to hedge their concentrated position. This is at least the third similar case SSEK has been retained to work on for a Fidelity investor with a large position in a single company who was told to use that to engage in a covered call strategy against that position.

In the most recent case, a Houston couple has filed a FINRA arbitration against Fidelity Brokerage Services alleging that the covered call strategy sold to them was misrepresented and far too risky. Ultimately, the stock they were holding went up in value significantly, resulting in almost $8 million in losses from this recommended strategy.

Florida Non-Traded REIT Attorneys

Published on: September 26, 2024 | by Shepherd Smith Edwards & Kantas, LLP

From Our Tampa, FL Securities Law Office, Our Florida Non-Traded REIT Attorneys Represent Investors Against Negligent Brokers

Please contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today if you are an investor who lost money in a non-traded real estate investment trust (non-traded REIT) that was recommended to you by your financial advisor. Unfortunately, while this kind of alternative investment is generally open to retail investors, retirees, and seniors throughout Florida, too many losses of late have led to FINRA lawsuits against the broker-dealers that marketed and sold non-traded REITs to customers.

What Might Your Broker Have To Do With Your Non-Traded REIT Investment Loss?

Elder Financial Exploitation Loss Lawyer

Published on: September 26, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did Your Broker-Dealer’s Negligence Enable Elder Financial Abuse?

Elderly Senior Sues Charles Schwab For Allegedly Failing To Protect Her From Scammers

A 91-year-old woman is suing Charles Schwab & Co., both the brokerage and the affiliated bank, in court. The plaintiff contends that Schwab allegedly did not protect her, a vulnerable person, from scammers who stole over $278K of her savings, including money that was supposed to pay for senior housing. She claims that the Schwab representatives neglected to follow Schwab’s own guidance regarding elder financial abuse and senior investors.

Failure To Supervise Investor Attorneys

Published on: September 26, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Investor Who Suffered Losses Because of Broker-Dealer Supervisory Failures?

FINRA Orders Wells Fargo Clearing To Pay Over $3M Following Allegedly Unsuitable Short-Term Trades

Shepherd Smith Edwards and Kantas Failure To Supervise Investor Attorneys (investorlawyers.com) represent clients who have sustained losses because a broker-dealer’s failure to supervise their registered representatives resulted in allegedly unsuitable recommendations or trades. If you suspect that your investment losses could have been avoided were it not for financial advisor misconduct or negligence, contact us today.

REIT Fraud Attorney

Published on: September 26, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Elderly Retiree Sues LPL Financial For Six-Figure REIT Losses. Our Seasoned REIT Fraud Attorney Team is representing Arkansas Widow

A novice retiree investor is seeking up to $500K in damages from LPL Financial for losses she sustained in illiquid real estate investment trusts (REITs). Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing this claimant in her Financial Industry Regulatory Authority (FINRA) arbitration claim against this broker-dealer.

In her FINRA lawsuit, this Arkansas widow contends that instead of receiving prudent investment advice, her late husband’s ex-LPL financial advisor allegedly unsuitably recommended risky products, including privately traded REITs that are generally bad investments for novice investors, including retirees that are reluctant to take on undue risk.

Margin Abuse Law Firm

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Florida Investor Sues TD Ameritrade For $5 Million in Losses. Our Skilled Margin Abuse Law Firm Are Representing This Claimant

A Fort Lauderdale, Florida investor who was trading options using TD Ameritrade’s platform has filed a seven-figure lawsuit against the broker-dealer. This investor contends that margin abuse, including raising the margin requirement on one of his investments by 500%, essentially wiped out his account immediately and unnecessarily. Now, this investor is seeking up to $5 million in damages for his losses.

The Shepherd Smith Edwards and Kantas Margin Abuse Law Firm (investorlawyers.com) is representing this investor in his FINRA lawsuit against TD Ameritrade. Incredibly, it appears that for most of the options contracts he secured through the broker-dealer’s platform, he was either the only one, or one of the very few, with these options contracts.

GWG Bond Recovery Lawyers

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

FINRA Arbitration Panel Awards GWG Investors Over $800K in Damages

Ruling Shows Why It Is So Important for Those Who Suffered L Bond Losses To Consider Filing Broker Fraud Claims

A Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded investors damages in their GWG L Bond loss recovery claim against a broker-dealer. There were several claimants who were part of this case. The panel awarded a number of them a collective over $726,000 in compensatory damages. Two of the investors were granted $75,000 each for emotional damages.

L Bond Loss Recovery Lawyers

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas L Bond Loss Recovery Lawyers Files Six-Figure GWG Investor Lawsuit Against Capital Investment Group

More Broker-Dealers Are Being Held Liable For Unsuitable Recommendations

Two North Carolina investors are seeking up to $500K in damages from brokerage firm Capital Investment Group after they sustained significant losses in GWG L Bonds. Alternative asset firm GWG Holdings is accused of running a more than $1.6B Ponzi scam. Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing these claimants and many others that were allegedly unsuitably marketed and sold these high-risk junk bonds by regional broker-dealers.

San Diego Non-Traded REIT Fraud Law Firm

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

San Diego Non-Traded REIT Fraud Law Firm

Representing Southern California Investors Against Financial Advisors For Over 30 Years

From our San Diego securities law offices, Shepherd Smith Edwards and Kantas (investorlawyers.com), is representing California investors who sustained losses in non-trade real estate investment trusts (non-traded REITs) that were unsuitably recommended to them by their stockbroker or investment adviser. These real estate investments are generally open to retail investors. However, that doesn’t mean that non-traded REITs should automatically be sold to them.