Articles Tagged with Reg D Private Placement Loss Attorneys

More Allegations Of Allegedly Unsuitable Investment Recommendations Continue To Haunt Broker-Dealer HJ Sims. Our Seasoned Reg D Private Placement Loss Attorneys Represent Reg D Offering Investors

Four years after the US Securities and Exchange Commission (SEC) filed civil fraud charges against Herbert J. Sims & Co. (HJ Sims) accusing it of allegedly fraudulently selling certain “highly complex and high-risk” investments to retail customers, the broker-dealer is once more under scrutiny. This time, it is investors who are crying foul over the broker-dealer’s sale of Regulation D private placement offerings, a number of which have since defaulted.

High-risk, complex, and speculative, Reg D offerings should ideally only be sold to accredited investors. Yet retail customers, including older retirees, also may have ended up purchasing them at the alleged recommendation of a financial advisor.