Lee Dana Weiss—Investment Fraud

New York investor rights attorneyLee Dana Weiss Allegedly Failed to Disclose Numerous Conflicts of Interest Regarding the Use of Investors’ Funds

Lee Dana Weiss and Family Endowment Partners LP (FEP) allegedly failed to disclose numerous conflicts of interest to clients and using investors’ funds, according to an SEC Complaint currently under review by attorneys Alan Rosca and Joe Peiffer.

Lee Dana Weiss and Family Endowment Partners LP, between 2010 and 2012, allegedly encouraged clients to invest more that $40 million in illiquid securities products and Weiss allegedly failed to disclose that he had ownership interest in the parent companies that issued these securities, the Complaint reports.

Peiffer Rosca Wolf securities lawyers are currently investigating Family Endowment Partners LP and its owner, Lee Dana Weiss’s alleged self-dealing and failure to disclose material facts to clients regarding conflicts of interest.

Lee Dana Weiss Allegedly Controlled More than $600,000 in Payments, Failing to Disclose Significant Risks Associated with Certain Investments

Lee Dana Weiss allegedly recommended investments owned and controlled by Weiss himself, and purportedly failed to disclose to clients that the investments would benefit FEP, according to an SEC Complaint currently under review by attorneys Alan Rosca and Joe Peiffer.

As a consequence, Weiss and the entities he controlled received more than $600,000 in payments, and he also allegedly failed to disclose the significant risks associated with certain investments, the Complaint reports.

In conclusion, between 2012 and 2014 FEP and Weiss allegedly recommended $8.25 million in notes to companies owned by Weiss, and according the SEC Complaint, in at least one incident, Weiss allegedly failed to disclose his personal ownership to the client.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged self-dealing and failure to disclose material facts to clients regarding conflicts of interest. They are currently investigating FEP and its Owner, Lee Dana’s alleged failure to disclose material facts to clients regarding conflicts of interest. 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 FEP and Lee Dana’s alleged failure to disclose material facts to clients regarding conflicts of interest may contact the securities 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.