Tracy Rae Turner– Private Securities Transactions
Tracy Rae Turner Allegedly Engaged in Private Securities Transactions after Purportedly Offering and Making Sales in Saltwater Disposal Well Facilities Totaling Approximately $4.1 Million
Tracy Rae Turner, from September 2013 through April 2014, allegedly took part in private securities transactions after offering and making sales of three saltwater disposal well facilities (SWD Interests), according to a recent FINRA Complaint from FINRA’s Department of Enforcement currently under review by attorneys Alan Rosca and James Booker.
Tracy Rae Turner’s alleged private securities transactions also allegedly involved twelve investors and approximately $4.1 million, the Complaint also notes.
The Peiffer Rosca Wolf securities lawyers are investigating Tracy Rae Turner’s alleged private securities transactions. It is important to note that no allegation of misconduct is being made as to the securities’ issuers.
Turner Allegedly Received $270,000 in Compensation for Successfully Soliciting Approximately $4.1 Million in SWD Interests
The aforementioned SWD Interests were initially held by an entity named TSWR Development, LLC, with the purported intention that the interests would be sold to investors to fund the development and operation of the SWD’s, according to the aforementioned FINRA Complaint presently under review by attorneys Alan Rosca and James Booker.
As SWD Interests were sold to investors, TSWR Fund Management, LLC, an entity affiliated with TSWR Development, LLC, entered into agreements with investors to manage the investment, the Complaint notes.
Finally, the SWD Interests were organized as passive investments, they were allegedly advertised as an investment with a high rate of return, and Turner allegedly received approximately $270,000 in compensation, the Complaint reports.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged private securities transactions and are currently investigating Tracy Rae Turner’s alleged participation in private securities transactions. 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 Tracy Rae Turner’s alleged participation in private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at email@example.com or firstname.lastname@example.org.