North Dakota Development Fraud – Investment Recovery Options

North Dakota Development, Hogan, Gavin Investigated by Securities Lawyers

North Dakota Development investors may be able to recover losses they suffered as a result of their investments with Robert Gavin and Daniel Hogan’s North Dakota Development (“NDD”) investment program, according to securities lawyers Alan Rosca and Joe Peiffer of the Peiffer Rosca Wolf law firm.

The Peiffer Rosca Wolf attorneys have been in contact with NDD investors across the world and have been evaluating a number of recovery options on behalf of such investors.

NDD, Gavin, Hogan Charged with Fraud by the SEC

Recently, the Securities and Exchange Commission charged NDD and its owners, Robert Gavin and Daniel Hogan with defrauding hundreds of investors in the United States and overseas of more than $62 million.

NDD, through Gavin and Hogan as well as a number of agents, sought to raise money from investors for “man camp” projects in North Dakota, according to an investigation by attorneys Alan Rosca and Joe Peiffer on behalf of investors.

In reality, none of the projects are fully operational and at least one of them has not even started construction, the SEC alleges in its fraud case.

The federal court has ordered a freeze as to all of NDD’s assets and has appointed a Receiver to take over NDD’s remaining assets.

Peiffer Rosca Wolf Lawyers Preparing to Take Action

The Peiffer Rosca Wolf attorneys have been investigating the NDD case and are preparing to take action on behalf of victimized investors.

NDD investors may contact the Peiffer Rosca Wolf lawyers for a free, no-obligation consultation regarding their investment recovery options, toll free at 888-998-0250 or via email at arosca@prwlegal.com.

Alan Rosca (1160 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.