Clifford D. Morgan—Private Securities Transactions without Prior Notice

New Orleans Investment fraud attorneysClifford D. Morgan Allegedly Participated in Private Securities Transactions without Providing Proper Prior Notice to Uhlmann Price Securities

Clifford D. Morgan allegedly participated in private securities transactions without providing the required notice to Uhlmann Price Securities, according to a recent FINRA Letter of Acceptance, Waiver and Consent currently under review by attorneys Joe Peiffer and Alan Rosca.

Morgan also allegedly referred approximately 20 people, including six customers, to an investment in promissory notes in an entity known only as Company A, a private trading and financial services company, the AWC notes.

The Peiffer Rosca Wolf securities rights lawyers are currently investigating Clifford D. Morgan for allegedly participating in private securities transactions without providing the required notice to Uhlmann Price Securities.

Clifford D. Morgan Allegedly Made Material Misrepresentations to Uhlmann Price Customers

Clifford D. Morgan allegedly made referrals which totaled approximately $1.8 million of the aforementioned Company A’s promissory notes, while Morgan purportedly personally purchased more than $200,000 of the notes, according to a recent FINRA Letter of Acceptance, Waiver and Consent currently under review by attorneys Joe Peiffer and Alan Rosca.

Furthermore, Clifford D. Morgan allegedly, in March of 2012, solicited one Uhlmann Price customer to invest $25,000 in return for an equity stake in an entity known only as Company B, a corporate entity of which Morgan was a member, the AWC reports.

Finally, in May of 2013, Morgan allegedly referred a different Uhlmann Price customer to invest in an entity known only as Company C, and, based on Morgan’s referral, said customer allegedly invested $30,000 in a convertible promissory note, the AWC notes.

Securities Rights Lawyers Investigating

The Peiffer Rosca Wolf securities rights lawyers often represent investors who lose money as a result of alleged participation in private securities transactions without providing the required notice. They are currently investigating Clifford D. Morgan for allegedly participating in private securities transactions without providing the required notice. 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 Clifford D. Morgan’s alleged participation in private securities transactions without providing the required notice may contact the securities 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.

Alan Rosca (1163 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.