Investor Lawyers Blog

Northstar (Bermuda) Securities Law Attorney

Published on: February 15, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Northstar (Bermuda) Investors To Receive Update On Liquidation, Distribution Payments. Shepherd Smith Edwards and Kantas Northstar Securities Law Attorney Team Is Continuing To Investigate Losses

If suffered serious losses in Northstar Financial Services (Bermuda), please contact Shepherd Smith Edwards and Kantas (investorlawyers.com). We are representing many investors in pursuing damages against the broker-dealers that unsuitably marketed and sold them annuities from this offshore company that went bankrupt in 2020.

Following a hearing on January 19, 2024, the Joint Provisional Liquidators (JPLs) for Northstar (Bermuda) received procedural directions instructing them to give creditors and policyholders details regarding proposed next steps in the liquidation proceedings, payments of certain distributions, and the valuation of claims. This information is supposed to be provided by February 15, 2024, at the latest.

Private Placement REIT Loss Attorney

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

Florida Retirees File Six-Figure Tuscan Gardens Loss Lawsuit Against Delta Securities and Ex-Broker Sean Casterline

Our Private Placement REIT Fraud Lawyers Are Representing These Claimants

A Palm Coast, Florida couple is suing Delta Securities and its formerly registered broker Sean Donovan Casterline for up to $500K over losses they sustained in Tuscan Gardens, a Regulation D privately traded real estate investment trust (REIT). Shepherd Smith Edwards and Kantas (investorlawyers.com) are representing these retirees and others in their private placement loss lawsuits involving Tuscan Gardens REIT. We are also continuing to investigate further claims of investor losses.

High-Net-Worth Investor Loss Lawsuits

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

Are You An Investor Who Lost Money While Working With Now Barred Broker Antoine Souma?

Ex-Los Angeles Financial Advisor, Once Lauded by Barron’s, May Have Targeted Middle Eastern Investors

More than four years after J.P. Morgan Securities agreed to pay $14M to an investor who blamed former stockbroker Antoine Nabih Souma’s alleged misconduct for a $20M loss, Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to look any significant portfolio losses of those who worked with him. Barred by the Financial Industry Regulatory Authority (FINRA) in early 2023 after refusing to provide information and documents in an ongoing investigation, Souma most recently was an Insigneo Securities broker in Beverly Hills, CA.

Private Placement Lawyers

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

Pariter Securities May Have Sold ICap Investments To Investors Now Suffering Huge Losses. Our Reg D Private Placement Lawyers Represent iCap Investors

At Shepherd Smith Edwards and Kantas (investorlawyers.com), it has come to our attention that Pariter Securities may have unsuitably sold iCap investments to customers. Now, in the wake of real estate investor and manager iCap Enterprises’ Chapter 11 bankruptcy protection, these investors and many others are reporting huge investment losses.

iCap raised $245M from investors through a number of independent brokerage firms that earned high commissions from the sales of:

Chicago Financial Advisor Fraud Attorneys

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

Chicago Financial Advisor Fraud Attorneys

Representing Illinois Investors In Recouping Their Losses From Brokers and Investment Advisers

According to the Federal Trade Commission, in 2022 consumers lost over $3.8M to investment scams. Unfortunately, among the perpetrators and/or enablers of such schemes are financial advisors. At Shepherd Smith Edwards and Kantas (investorlawyers.com), we represent Illinois investors who have lost money because of the fraudulent behaviors of their stockbroker or investment adviser.

Private Placement Loss Lawyer

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

Are You An Investor Who Purchased HJ Sims Private Placements?

Shepherd Smith Edwards and Kantas Private Placement Loss Lawyer team Is Investigating Claims of Losses

If you suffered losses from a private placement offering from HJ Sims (Herbert J. Sims and Co.), Shepherd Smith Edwards and Kantas would like to talk to you. The firm has come under scrutiny over its sale of at least 93 Regulation D private offerings—around $2.2B worth over the last decade.

Broker Misconduct Attorney

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

Did Your Financial Advisor Know Exactly What They Were Selling You?

Our Broker Misconduct Attorney Team Can Help You Assess Whether You Have Grounds For a Legal Claim

If you are an investor who has had the unexpected surprise of sustaining significant losses in an investment that proved to be fraudulent, you may have invested too much in, or was unsuitable for you given your risk tolerance level, you may be wondering how to recoup your losses. Do you go after the issuer of the investment? Does your broker have any liability in this matter?

Investment Loss Recovery Lawyer

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

Did Former Dempsey Lord Smith Broker Arni Diamond Sell You GWG L Bonds?

Our Skilled Investment Investment Loss Recovery Lawyer Team Wants To Talk To You

Shepherd Smith Edwards and Kantas (investorlawyers.com) are continuing to investigate claims of losses by those who worked with former financial advisor Arni Jay Diamond. Temporarily suspended by the Financial Industry Regulatory Authority (FINRA) for allegedly unsuitably recommending speculative alternative investments, including limited partnerships, to two older investors, Diamond is a previously registered broker and investment adviser. He also has been licensed to sell insurance products in Florida under his company The Diamond Group.

Annuity Loss Lawyers

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

Colorado Bankers Life Insurance Investors Still Have Time To Sue Their Brokers

Our Annuity Loss Lawyers Are Representing Claimants Who Suffered Serious Losses

Shepherd Smith Edwards and Kantas (investorlawyers.com) are continuing to represent many of the annuity holders who suffered losses in Colorado Bankers Life Insurance and other Greg Lindberg-owned insurance companies. Unfortunately, about 70,000 retirees and other retail customers have been unable to withdraw the savings that they invested in these insurers for the last few years.

Alternative Investment Lawyer

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

Shepherd Smith Edwards and Kantas Alternative Investment Lawyer Teams Investigates Investor Losses Involving Coastal Equities Broker Gilbert Conrad

Clients of NY Financial Advisor Are Seeking Millions of Dollars in Damages

If you are an investor who suffered serious losses while working with stockbroker Gilbert Russell Conrad, Shepherd Smith Edwards and Kantas (investorlawyers.com) would like to talk to you. Currently a Coastal Equities financial advisor, Conrad was an Arkadios Capital broker from 2020 to 2022. He was an Independent Financial Group registered representative from 2016 to 2020. He worked at several other broker-dealers before that and has been in the industry for nearly thirty years.