Inland REIT Investigation

investor rights lawyers

Inland American Real Estate Trust Sales Practices by Certain Investment Professionals Investigated by Securities Lawyers Inland American Real Estate Trust, Inc. is a real estate investment trust (“REIT”) that manages a portfolio of commercial real estate, primarily in the areas of lodging, multi-tenant retail, and student housing. The Peiffer Wolf securities lawyers are investigating the… Read more »

Robert Acri—Investment Fraud Investigation

Cleveland stockbroker fraud lawyer

Robert Acri, Winnetka Financial Adviser, Unable to Account for $10 Million in Invested Funds, Including an ’85 Bear Robert Acri, 58, and of Winnetka, turned himself in to DuPage County authorities Monday following his indictment on charges that he is unable to account for nearly $10 million in funds invested by his former clients, one… Read more »

EDI Financial Investigation — Failed Due Diligence in Connection with Private Placement Allegations

Ponzi scheme attorneys

EDI Financial Pays Fine For Alleged Failed Due Diligence Processes in Connection with Private Placements Sold to Investors EDI Financial failed to establish and maintain adequate supervisory procedures regarding private placements (most of the firm’s activity consisted of private placement offerings), specifically the due diligence performed on said private offerings and the documentation of such… Read more »

Terry Joe Bagwell – Failure to Supervise Alleged Ponzi Scheme

investment fraud attorney Cleveland

Terry Joe Bagwell Allegedly Failed to Properly Supervise Rep Who Sold About $8.4 Million in Ongoing Ponzi Scheme Terry Joe Bagwell, who was an Investment Company Products/Variable Contracts Principal and General Securities Principal at Pruco Securities, was the designated supervisor of an unnamed registered representative who allegedly sold 18 Pruco and non-Pruco customers approximately $8.4… Read more »

RedRidge and Hurt: Customer Fund Conversion Charges

New York investor rights attorney

RedRidge and Hurt Allegedly Failed to Establish Adequate Supervisory Procedures to Monitor and Prevent Unauthorized Wire Transfers RedRidge and Hurt, in the time period from December 2006 through September 2014, allegedly failed to establish adequate supervisory procedures to monitor and prevent unauthorized wire transfers, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC)…. Read more »

David J. Blasik – Broker Unauthorized Sales

investor rights lawyers

David J. Blasik, of PFS Investments, Allegedly Engaged in an Unapproved and Undisclosed Outside Business Activity David J. Blasik, of Vandalia, Ohio, allegedly sold private securities offerings (or private placements) without approval from his brokerage firm, PFS Investments Inc., according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). Blasik, who was a… Read more »

Moazzam “Mark” Malik SEC Complaint

Investment fraud lawyers

Moazzam “Mark” Malik, Purported Hedge Fund Manager, Faces SEC Fraud Charges Moazzam “Mark” Malik, a purported hedge fund manager in New York City, was charged by the Securities and Exchange Commission (SEC) with allegedly stealing money from his investors, according to recently released SEC documents. Moazzam “Mark” Malik falsely claimed to be allegedly operating a… Read more »

Irvine Wayne Brewer Allegedly Participated in New Life Without Proper Prior Written Notice

Cleveland stockbroker fraud attorney

From November 1, 2012 through December 31, 2012, Irvin Wayne Brewer, formerly registered with Waddell & Reed, participated in an outside business activity, New Life, without providing prior written notice to and receiving approval from Waddell & Reed, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). The AWC further alleges that,… Read more »

Daniel McCourt Allegedly Engaged in Private Securities Transactions, Raised $1.3 Million from Eleven Customers

Rochester stockbroker fraud attorney

Daniel McCourt, while registered with a FINRA member firm, allegedly participated in private securities transactions without providing prior written notice to his member firm, Foothill Securities, Inc. (Foothill), according to a complaint filed by FINRA’s Department of Enforcement. FINRA’s Department of Enforcement further alleges that McCourt also provided false information and falsified documents to a… Read more »

Geoffrey W. Nehrenz Investigated by the Peiffer Wolf Investment Recovery Lawyers

New Orleans investment fraud attorney

Did you invest your money with Geoffrey W. Nehrenz, or his Keystone Capital Management, LLC (KCM)? The Peiffer Wolf investment recovery lawyers are currently investigating Geoffrey W. Nehrenz, 36, and of Uniontown, Ohio, who is currently being accused of allegedly defrauding investors in Keystone out of $5.5m, according to documents from the United States Attorney… Read more »