Tracy Rae Turner– Private Securities Transactions

investment fraud attorney ClevelandTracy 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 arosca@prwlegal.com or jbooker@prwlegal.com.

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.