Christopher Brogdon Bonds at Center of New Lawsuit Filed by the Peiffer Wolf Securities Attorneys
The Peiffer Wolf securities attorneys recently filed a new lawsuit on behalf of investors who invested in municipal bond offerings organized by Christopher Brogdon. The Peiffer Wolf lawyers sued a financial institution and two underwriters that, according to the allegations in the complaint, assisted in the Brogdon Bond programs. Investors who invested in Brogdon’s bond programs are encouraged to call Joe Peiffer or James Booker at (216) 589-9280 for more information or a free, no-obligation evaluation of their legal options.
Christopher Brogdon was accused of operating a fraudulent scheme by the Securities and Exchange Commission (“SEC”) in November 2015. Brogdon organized a series of municipal bond programs that sought money for investments in retirement housing, nursing homes, and assisted living facilities that would be managed by Brogdon-controlled companies. Brogdon was accused by the SEC of using investors funds that were directed toward certain projects for his own personal use and not their intended investment purpose. Additionally, Brogdon is accused by the SEC of commingling investor funds and using such commingled funds to pay distributions to investors.
The lawsuit filed by the Peiffer Wolf law firm on behalf of Brogdon Bond investors seeks to recover any losses incurred by those investors resulting from Brogdon’s alleged misconduct where he is accused of using investor money for personal uses and commingling investor funds to make payments to other investors.
The Peiffer Wolf securities attorneys often represent investors who lose money as a result of alleged investment schemes or investment-related misconduct. Christopher Brogdon and his bond offerings are continuing to be investigated by the Peiffer Wolf attorneys.
Investors who believe they lost money as a result of their investments in bond programs offered by Christopher Brogdon may contact Peiffer Wolf securities attorneys Joe Peiffer or James Booker, for a free, no-obligation evaluation of their recovery options at (216) 589-9280