Bradley Claus Allegedly Duped Married Couple into RJ Oil and Gas Investments and Claimed Justin Timberlake Had Invested in Southern Hospitality

investment fraud attorneyBradley Claus, formerly of World Group Securities, Inc. and Transamerica Financial Advisors, Inc., allegedly engaged in colorful and plentiful outside business misconduct, according to an Amended Complaint from FINRA’s Department of Enforcement.

Claus allegedly solicited a married couple to invest $15,000 in RJ Oil and Gas Co. LLC under the auspices that certain tax benefits, as well as dividend payments, would accrue, the FINRA Complaint alleges.

Starting on September 29, 2010, the married couple, also known as JM and MM, reportedly wired $15,000 to a bank account for RJ Oil and Gas Co. LLC, a limited-liability company based in Texas, according the FINRA complaint.

FINRA also notes that the couple did receive one $2,000 dividend for their investment in RJ Oil and Gas Co. LLC, but were denied any further payments.  To add insult to injury, Claus reportedly failed to disclose the couple’s investment in the oil and gas company.

As if allegedly swindling the married couple out of $15,000 were not enough, Claus also reportedly recommended one of his Transamerica clients, known only as JB, to invest in a company called Southern Hospitality, which was posed as a hot new restaurant chain.

Claus allegedly made several grand misrepresentations concerning the investment, including, but not limited to, a guaranteed investment return of 5%, that Justin Timberlake and Ryan Tedder owned the restaurant chain, and that Claus had personally invested in the entity, according to FINRA’s Complaint.

The Complaint also notes that none of these reported representations regarding Southern Hospitality were factual, and that Claus allegedly failed to inform Transamerica of his client’s investment in Southern Hospitality.

Investment Rights Attorneys Investigating

The Peiffer Rosca Wolf investor rights attorneys often represent investors who lose money as a result of investment misconduct, and are assisting any victims with the recovery of losses they may have suffered. 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 investment misconduct may contact the investment rights lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Bradley Claus

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1168 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.