Private Placement Loss Attorneys

Shepherd Smith Edwards and Kantas Investigates Titan Securities Over ICap Investment Sales

Our Reg D Private Placement Loss Attorneys Are Representing Investors In Recouping Their Losses

Shepherd Smith Edwards and Kantas (investorlawyers.com) is investigating Titan Securities over its allegedly unsuitable sale of iCap securities to customers. According to a 2017 study by Reuters and Columbia University Law School, this brokerage firm—also known as JT Securities Management—has a high concentration of financial advisors with red flags on their record.

Now, there is growing concern as to the firm’s purported sale of iCap investments by its brokers. ICap filed for Chapter 11 bankruptcy protection in September 2023. Not to mention that these are Regulation D private placements that may have been too high-risk for many of the investors to whom they were sold.

At least 1800 investors are believed to have suffered losses in iCap, including many Chinese citizens who had hoped to become permanent US residents through the EB-5 visa program.

More than 20 broker-dealers appear to have sold the following iCap investments to clients:

iCap

iCap Broadway

iCap Campbell Way

iCap Equity

iCap Funding

iCap Holding

iCap Holding 5

iCap Holding 6

iCap Investments

iCap Management

iCap Pacific Development

iCap Pacific Income 4 Fund

iCap Pacific Income 5 Fund

iCap Northwest Opportunity Fund

iCap Pacific Northwest Opportunity and Income Fund

iCap Pacific NW Management

iCap Realty

iCap Vault

iCap Vault 1

iCap Vault Management

Senza Kenmore

UW 17^th AVE

Vault Holding 1 (this is a publicly registered security)

VH 1121

VH 2^nd Street Office

VH Pioneer Village

VH Senior Care

VH Willows Townhomes

VH Vault Holding

725 Broadway

Considering that these are illiquid, unregulated, high-risk investments, brokers should have exercised the proper due diligence in making sure these iCap investments were appropriate for each investor given their age, risk tolerance level, financial goals, and investing experience. They also needed to have properly apprised these clients of the risks they were taking on.

Unfortunately, it appears that purported misrepresentations and omissions were made about the nature of these investments, which have left many investors, including novice ones, blindsided by their losses. Meantime, broker-dealers earned high commissions and fees from raising $245M in investor funds for iCap.

Why Hire Our Savvy ICap Investment Loss Recovery Lawyers

For decades, Shepherd Smith Edwards and Kantas has helped investors recoup damages from the brokerage firms whose unsuitable investment recommendations, misrepresentations and omissions, failure to diversify, concentration, negligence, misconduct, and fraudulent behavior contributed to investors losing money. Not only that, but we are highly experienced in representing Reg D private placement investors.

Over the years, we have collectively secured many millions of dollars for thousands of investors. We have zealously represented clients in over 1000 matters in arbitration, mediation, and litigation and have the skills, resources, and knowledge to take on your iCap investment loss recovery claim.

Currently, we are representing other investors over other kinds of investment losses in their FINRA lawsuits against Titan Securities.

How To Work With Our Private Placement Loss Attorneys: 

Contact us today to schedule your free, no-obligation case assessment. During our consultation, we will help you determine whether you should sue your broker-dealer for your iCap losses. If we decide to work together, we will conduct a full investigation into your investment losses and build a solid claim on your behalf. The SSEK Private Placement Loss Attorneys will also file your complaint with FINRA arbitration and fight for you.

Call our Private Placement Loss Attorneys at (800) 259-9010 today.