Gregory Osborne and Middlebury Securities Allegedly Assisted Navagate with False Assurances and Illicit Payments to Earlier Investors

stockbroker fraud attorneyThe Peiffer Rosca Wolf investment recovery lawyers are currently investigating the case of Gregory Osborne, 49, and Middlebury Securities, and its alleged assistance to Navagate with false assurances and illicit payments to earlier Navagate investors.

Earlier, we told you that the Peiffer Rosca Wolf investment recovery lawyers were investigating the case of Gregory Rorke, 60, and of Bronxville, New York, who, according to SEC documents currently being reviewed by attorneys Alan Rosca and Joe Peiffer, allegedly made false and misleading statements regarding the sale of Notes for Navagate.

Now, in a separate administrative proceeding, the Peiffer Rosca Wolf investment recovery lawyers are looking into Gregory Osborne and his New Jersey-based broker-dealer Middlebury Securities LLC, which, according to the aforementioned SEC documents, allegedly served as the placement agent in selling Navagate securities.

These SEC documents further report that Osborn and Middlebury Securities allegedly soothed and reassured investors repeatedly that Rorke’s personal guarantee was solid rationale to enter into the deal, despite allegedly knowing or dangerously disregarding that Rorke’s claim was false, and he did not solely possess the assets listed in the personal financial statement.

Osborn and Middlebury Securities also allegedly coordinated payments to some earlier Navagate investors by fraudulently using proceeds from additional investors, despite allegedly being cognizant of the fact or negligently disregarding that such payments are not permitted, according to SEC documents under review by Joe Peiffer and Alan Rosca.

Investment Fraud Attorneys Recovery Lawyers Investigating

The Peiffer Rosca Wolf investment rights attorneys often represent investors who lose money as a result of investment misconduct. They are currently investigating the case of Gregory Osborne and Middlebury Securities, and the possibility of assisting any investors with the recovery of any 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 of Gregory Osborne and Middlebury Securities may contact the investment rights attorneys 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 (1180 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.