Brookville Capital Partners, Document Security Systems— Unsuitable Professional Recommendations
Recent Case Allegations: Brookville Capital Partners Invested Investor Money in One Speculative Small Cap Stock, Document Security Systems Against His Conservative Investment Goals and Did Not Represent the Risk Involved
An investor recently won an award on claims that that Brookville Capital Partners invested his money in one speculative small cap stock, Document Security Systems (DSS), contradicting his conservative investment goals, and not representing the true risk involved, according to a FINRA Dispute Resolution award currently under review by attorneys Joe Peiffer and Jason Kane.
The Peiffer Wolf Carr & Kane securities lawyers are investigating the sales practices of investment professionals that recruited investors to DDS, and whether such professionals made unsuitable recommendations to invest in DSS to investors without appropriate risk disclosures.
One should also note that no allegations of misconduct are being made as to DSS.
The Price of Document Security Systems, a Small Cap Stock, Dropped from About $13.00 to Under $0.20 over the Last Few Years
The price of Document Security Systems traded at $13.07 in July of 2007 and as of the date of this blog is currently trading at around $0.14, according to recent reports currently being analyzed by attorneys Joe Peiffer and Jason Kane.
The FINRA Panel decided that Brookville Capital Partners is liable for and shall pay the investor $156,891.38 in compensatory damages and that Brookville Capital Partners is liable to pay interest to said investor in the amount of $75,050.00, the aforementioned FINRA Panel reports.
Brookville denied the allegations made in the FINRA Statement of Claim and asserted various affirmative defenses.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged unsuitable private securities recommendations. They are currently investigating the sale of DSS to investors by certain investment professionals. 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 alleged unsuitable private securities recommendations may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.