Wilshire Capital and Brookville Capital Partners LLC—Fraud in Connection with Private Placement Sales

investment fraud attorney ClevelandBrookville Capital Partners LLC Ordered to Pay Full Restitution of More than $1 Million to Purported Victims and Fined $500,000 by FINRA for Fraud Connected with Sales of a Private Placement Offering of Wilshire Capital; Wilshire Broker  John Mattera Formerly Sanctioned by SEC

Have you lost money investing in Brookville Capital Partners Group LLC?  If the answer is yes, then the securities attorneys of Peiffer Rosca Wolf may be able to assist you recover your losses. FINRA also found in a settlement, and alleged in a May 2014 Complaint, that Brookville Capital and its President Anthony Lodati, who has been barred by FINRA, allegedly defrauded Brookville customers in connection with the sale of a private placement offering called Wilshire Capital Partners Group LLC.

Brookville Capital Partners Group LLC, through which investors would purportedly have an indirect interest in pre-initial public offering shares of Fisker Automotive, was run by John Mattera, who has a notable criminal and regulatory background, including having been sanctioned by the Securities and Exchange Commission (SEC) in 2010 for securities fraud and convicted of a felony in Florida in 2003, FINRA notes.

Brookville Capital Partners LLC, based in Uniondale, NY, has been ordered to pay full restitution of more than $1 million to purported victims and fined $500,000 for alleged fraud by FINRA in connection with sales of a private placement offering of Wilshire Capital Partners Group LLC, according to FINRA Documents currently under review by attorneys Joe Peiffer and Alan Rosca.

Brookville Capital Partners Sanctioned $1.5million in Connection with Sale of Interests in Wilshire Capital Partners Group LLC, Failure to Disclose the Record of Mattera to Clients; $13 Million Invested in Wilshire Capital Partners Group LLC through a Number of Investors

Brookville Capital Partners was recently sanctioned $1.5million in conjunction with its sale of interests in Wilshire Capital Partners Group LLC and for also failing to disclose the track record of John Mattera to its clients, according to a FINRA announcement being reviewed by attorneys Joe Peiffer and Alan Rosca.

To be exact, FINRA notes, instead of disclosing that Mattera had been sanctioned by the Securities and Exchange Commission (SEC) in 2010 for securities fraud and convicted of a felony in Florida in 2003, Brookville allegedly knowingly withheld this information and information about Mattera’s involvement with Wilshire, and continued to solicit its customers to invest.

FINRA also reports that $13 million was invested in Brookville Capital Partners Group LLC through a number of investors. The Peiffer Rosca Wolf securities lawyers are currently investigating the sales of Wilshire Capital and would like to talk to investors.

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 the sale of Brookville Capital. 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 John Mattera, or any other broker, in connection with the private placement offerings of Brookville Capital 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.

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.