Alternative Investment Fraud Lawyers Tag Archives

Elderly Investor Files L Bond Lawsuit Accusing Newbridge Securities of Making Unsuitable Investment Recommendation. Our Alternative Investment Fraud Lawyers Are Representing This Claimant

A senior investor is suing Newbridge Securities for up to $500K in damages for losses he sustained after the broker-dealer allegedly harmfully recommended high-risk junk bonds issued by GWG Holdings. That alternative asset firm is now accused of operating a more than $1.6B Ponzi scam.

Shepherd Smith Edwards and Kantas Alternative Investment Fraud Lawyers (investorlawyers.com) are representing this California claimant, whose case involves a financial advisor who appears to have been more concerned with earning high commissions rather than fulfilling her fiduciary duty to this investor and his wife.

Customers of Berthel Fisher Sought $32.1M in Damages From Brokerage-Dealer

Our Experienced Alternative Investment Fraud Lawyers Are Investigating Investor Losses

According to the yearly audited financial statement submitted by Berthel Fisher to the US Securities and Exchange Commission (SEC) in March, the broker-dealer concluded 2022 with about $32.1M in pending investor loss claims. While it is unclear which investments were specifically involved, as InvestmentNews reported, Berthel Fisher has a long history of selling alternative investments to customers. On multiple occasions, these investment recommendations were investors for whom these were allegedly unsuitable given their financial goals.