Articles Tagged with Alternative Investment Lawyers

Did HJ Sims Run A Reg D Private Placement Offering Scam? Our Skilled Alternative Investment Lawyers Are Investigating

In an August 2022 Investor Bulletin, the US Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy cautioned about the risks involving Regulation D private placements, which are exempt from the regulator’s registration requirements. Limited to accredited investors, they are sometimes also sold to retail investors, conservative retirees, and other unsophisticated investors for whom this kind of risky, illiquid investment is unsuitable.

Shepherd Smith Edwards and Kantas (investorlawyers.com) Alternative Investment Lawyers are currently investigating claims of losses related to Reg D offerings that were sold, often exclusively by brokerage firm Herbert J. Sims (HJ Sims). There are growing allegations that the broker-dealer may have allegedly fraudulently sold Reg D offerings, including to retail investors and older seniors.