Reg D Investment Attorneys

HJ Sims Marketed Exclusive Private Placements For The “Elite” Investor

Our Reg D Investment Attorneys Are Investigating Fraud Allegations

In marketing collateral from 2020, brokerage firm Herbert J. Sims (HJ Sims) touted its private placements, most of them available only through the firm, as a way for sophisticated investors seeking “higher yielding” opportunities to create income. Unfortunately, for many of those who went ahead and got involved in HJ Sims Regulation D offerings, profit has not been the outcome. Instead, many may have sustained significant losses, including retail investors and retirees for whom these private placement bonds were always unsuitable.

Shepherd Smith Edwards and Kantas (investorlawyers.com) are currently speaking with HJ Sims private placement investors to help them determine whether they have grounds for pursuing damages from the brokerage firm. If you would like a free, no-obligation case assessment, contact us today.

The brokerage firm sold at least 93 HJ Sims private placements worth around $2.2B over the past decade—it was the exclusive broker-dealer for 84 of them. Highly complex and illiquid, these investments were supposed to be only sold to accredited, experienced investors.

Unfortunately, there are growing questions about whether HJ Sims breached its fiduciary duty to Reg D offering investors not just from allegedly unsuitable investment recommendations but also from purportedly failing to disclose conflicts of interest. For instance, a number of the issuers of these private placements may also have been HJ Sims executives, which means they might have been earning money from both the issuing of the bonds and their sales.

Allegations have also been brought accusing HJ Sims of possibly inflating bond prices on customer account statements, including after certain private placements may have lost nearly all of their value. A number of the firm’s Reg D offerings also reportedly neglected to submit their annual state-mandated registration forms.

Meanwhile, commissions were reportedly as high as 7% to 12% for selling HJ Sims private placements:

Fountains Acquisition Finance
Fox Ridge Finance
Orchard View, Acquisition
DRSN Real Estate GP
Elderwood Acquisition
Heatherwood Acquisition
Sims Merrill Gardens III
Stuart Lodge Living/Stuart Lodge Properties
Discovery Funding Sarasota Bay
Athena Acquisition VI
Epic Finance I
Carmel Acquisition
Treeo Funding I
Fountains of Hope
Tuscan Isle Property Company
Tuscan Gardens of Venetia Bay Properties
Gryphon BH Funding
HJSI Athena Portfolio Finance
Tuscan Isle ChampionsGate Prop. Co.
Affinity Portfolio Funding
Affinity Portfolio Funding II
Affinity Portfolio Funding III
Affinity Development Funding I
BHCP Acquisition
Vantage Point Funding I
Sante Funding I
Tuscan Gardens of Palm Coast Properties
Vita Funding I
LW Development Funding I
Affinity Funding IV
NHG Funding I
Affinity Portfolio Funding V
Affinity Portfolio Funding VI
Monarch Funding I
Sims Benchmark V
TL Funding I
Sims Merrill Gardens V
Stonebridge Funding I
NHG Funding II
Riverview ALF Holdings
Civitas Funding I
Inspirit Venue Funding I
Sims High Income Portfolio
NHG Funding III
Monarch Funding II
Monarch Funding III
Monarch Funding IV
DRSN Real Estate GP
TL Funding II
NREA Southeast Portfolio Three
Links Funding I
Family Health Funding I
Sims Benchmark VI
NREA Retreat, DST
Sims Merrill Gardens VI
Griffin Capital (South Beach – Vegas) DST
TL Funding III
TL Funding IV
Caraday Funding I
Crown Point Funding I
Magnolia Funding I
Voralto Funding I
Links Funding II
ALG Funding IX
Watermark FL Funding
SAL Funding I
Commercial Equipment Finance Income Fund
Elevate Funding I
Vinebrook Homes Trust
Parliament Credit Opportunities Fund
Comprehensive Care Funding I
PPG Funding I
PPG Funding II
Hill Valley Funding I
Links Funding III
NexPoint Buffalo DST
NexPoint Hughes DST
HBS Acquisition Finance
Mackenzie Preferred Funding
Cleveland Thermal
Sims Cathcart Funding
Cypress Point Funding
Riverchase Funding
Gryphon Finance I
Madison Funding I
Tuscan Isle Holdings I
Tuscan Isle Championsgate Holdings
Hawkeye Village Finance I
Meridian Portfolio Funding I
Poet’s Walk Funding I
Wakefield Portfolio Funding I
HJSI Athena Portfolio Finance

Our HJ Sims Reg D Bond Investment Loss Recovery Attorneys Have The Experience and Resources to Pursue Your Financial Recovery

For over 30 years, our seasoned Reg D private placement law firm has been fighting for investors like you. We understand the complexity of these investments and how broker misconduct and negligence can lead to unnecessary losses.

Shepherd Smith Edwards and Kantas Reg D Investment Attorneys have represented investors in more than 1000 matters in arbitration, mediation, and litigation. We are known for providing quality securities law representation to retail investors, retirees, accredited investors, high-net-worth individual investors, and institutional investors.

Call (800) 259-9010 today.