Aequitas Capital Management—Inability to Pay Back Private Note Investments

investment fraud attorney ClevelandAequitas Capital Management Allegedly Told Clients that it Will Not be Able to Pay Back “Private Note” Investments

Aequitas Capital Management allegedly told clients recently that it will not be able to pay back their “private note” investments for an indefinite period of time because it is currently having financial problems, according to a Feb. 2 letter recently obtained by The Oregonian/OregonLive and currently under review by attorneys Joe Peiffer and Alan Rosca.

Purported “liquidity challenges” are currently hampering Aequitas, as allegedly admitted in said Feb. 2 letter obtained by The Oregonian/OregonLive.

The Peiffer Rosca Wolf securities lawyers are currently investigating Aequitas management, who vowed in the aforementioned letter that it would not go out of business.

Aequitas Capital Management Allegedly Under Investigation from the SEC; Consumer Financial Protection Bureau Also Investigating Aequitas for Its Alleged Handling of Half-a-billion-dollars  of Student Loans of Its Affiliated Companies Bought from For-profit Corinthian Colleges

Aequitas has allegedly been the subject of an investigation by the SEC for months regarding potential securities law violations, and the Consumer Financial Protection Bureau is also investigating Aequitas for its handling of half-a-billion-dollars worth of student loans from one of its affiliated companies bought from for-profit Corinthian Colleges, according to a Feb. 2 letter recently obtained by The Oregonian/OregonLive and presently being reviewed by attorneys Joe Peiffer and Alan Rosca..

Thus far, Aequitas has between $300 million and $325 million in private note investments outstanding, the company had recently confirmed.

Finally, some investors and brokers appear to be losing their patience as, for example, Fariba Ronnasi, chief executive of Elite Wealth Management, in Bellevue, Wash., allegedly confirmed she has requested that Aequitas cash out all of the investors she placed in the private note program.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged failure to pay back private note investments and are currently investigating Aequitas Capital Management’s alleged failure. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Aequitas Capital Management’s alleged failure to pay back private note investments may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1174 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.