James E. Poe Improperly Moonlit for Two Hedge Funds: Global Fund and Value Added Fund, Allegedly

stockbroker fraud attorney

stockbroker fraud attorney

From May 2010 to October 2012, James E. Poe allegedly served as the executive officer, investment advisor, and managing partner of the general partner of two hedge funds, executed securities transactions on behalf of said funds, and received generous remuneration compensation from them, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC) currently being reviewed by attorneys Alan Rosca and Joe Peiffer.

The Peiffer Rosca Wolf investor rights lawyers are currently investigating Poe, of Fort Worth, Texas, who, according to the AWC, allegedly failed to provide prior written notice to, or receive written acknowledgment from, his member firm regarding his roles, his planned participation, or his expected compensation.

As a result, FINRA claims that Poe reportedly violated NASD and FINRA Rules resulting in a suspension from the financial industry for two years and fine of $775,000, the AWC reports.

In addition, FINRA alleges that Poe formed and sold interests in two life settlements through a company called Senior Retirement Planners, LLC, and that Poe, whom entered the securities industry in 2006, raised approximately $2.25 million from 22 investments in two separate life settlements from July 2011 to October 2012 while he was registered with Fox.

Poe reportedly did not disclose these business activities to Fox, despite receiving compensation for his role in soliciting investors to purchase interests in the life settlements, the AWC notes.

Investment Fraud Lawyers Investigating

The Peiffer Rosca Wolf investment fraud lawyers often represent investors who lose money as a result of investment fraud, or stockbroker misconduct. They are currently investigating Poe, and the possibility of assisting victims with the recovery of their losses. 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 Poe’s alleged misconduct may contact the investment fraud 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: James E. Poe

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1252 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.