Louis Martin Blazer III—Unauthorized Withdrawals
Louis Martin Blazer III Allegedly Made Unauthorized Withdrawals from Blazer Capital Management Accounts, Lying and Producing False Deal Documents Created in Late Attempt to Conceal Misconduct
Louis Martin Blazer III allegedly made unauthorized withdrawals from Blazer Capital Management Accounts, according to SEC Documents currently under review by attorneys Joe Peiffer and Alan Rosca.
Louis Martin Blazer III was subsequently asked by clients to explain said transactions and he then allegedly lied and produced false deal documents that he created after the fact in a failed attempt to hide his purported misconduct, the SEC also notes.
The Peiffer Rosca Wolf securities lawyers are presently conducting an investigation into Louis Martin Blazer III’s alleged unauthorized withdrawals and failed attempt to hide his misconduct.
Louis Martin Blazer III Allegedly Lied to SEC Examiners, Defrauding Pro Athletes in Order to Invest in Movie Projects and Make Ponzi-like Payments
Louis Martin Blazer III, a Pittsburgh-based financial adviser, allegedly took money without permission from the accounts of several professional athletes in order to invest in movie projects and make Ponzi-like payments, according to the aforementioned SEC Documents presently being reviewed by attorneys Joe Peiffer and Alan Rosca.
Blazer, who founded Blazer Capital Management as a “concierge” firm targeting professional athletes and other high-net worth individuals, allegedly withdrew approximately $2.35 million from five clients without their authorization, allowing him to invest in two movie projects, the SEC reports.
Blazer, for example, allegedly made a pitch of a movie project to an athlete as an investment opportunity, and said client expressly refused to make the investment, the SEC notes, but Blazer allegedly took $550,000 from the client’s account anyway. The SEC further alleges that the client later learned about Blazer purported unauthorized investment in the movies and demanded repayment, even threatening a lawsuit.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers are currently investigating Louis Martin Blazer III’s unauthorized client withdrawals. 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.
The Peiffer Rosca Wolf securities lawyers are currently investigating Louis Martin Blazer III’s alleged unauthorized client withdrawals. Investors who believe they lost money as a result of Louis Martin Blazer III’s alleged misconduct 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.