South Carolina Securities Arbitration Lawyers Who Handle Ponzi Scheme Cases

Did Claus Foerster Cause You Investment Losses? Claus Foerster, a Greenville, South Carolina-based stockbroker formerly employed by Raymond James, was barred by the Financial Industry Regulatory Authority (FINRA) for allegedly running a Ponzi scheme.  Based on FINRA’s findings, it is alleged Mr. Foerster had solicited investments for a purported investment fund known as S.G. Investments, which was in fact a bank account controlled by Mr. Foerster.  FINRA found that Mr. Foerster directed thirteen (13) customers to transfer funds from their brokerage accounts to their personal bank accounts and then write checks payable to S.G. Investments.  FINRA’s findings stated that Claus Foerster had stolen nearly $3 million from the clients.  Mr. Foerster signed a letter accepting FINRA’s penalty but did not admit to or deny FINRA’s allegations. FINRA also found that Mr. Foerster furthered his scheme by providing some of the customers with fabricated account statements and provided at least two customers with purported dividend payments on a monthly basis.  FINRA’s brokercheck records reveal that Mr. Foerster began his career at J.C. Bradford in New York in 1989 and was employed at Citigroup Global Markets Inc. in 2000, when the alleged Ponzi scheme started.  He then changed employment to Morgan Keegan & Co. Inc. in 2008 and came to Raymond James in February 2013 by way of acquisition.  Mr. Foerster acknowledged to Raymond James that he had misappropriated funds through a fake private investment fund he created.  He was subsequently discharged by the firm. South Carolina has hundreds of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisory offices, comes the potential for their stockbrokers, financial advisors, and other representatives to recommend investments in Ponzi Schemes and engage in all sorts of misconduct which violates Federal and South Carolina securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Securities Attorneys Who Represent Investors Caught In Ponzi Schemes In FINRA Arbitrations Throughout South Carolina and Nationwide. Did your South Carolina stockbroker or investment advisor recommend an investment that turned out to be an investment in a Ponzi Scheme like the ones allegedly run by GPB Capital Holdings or EquiAlt? Generally, these investments are not vetted by your stockbrokers or investment advisor’s employer. The brokerage firms always deny liability for these unauthorized investments. And so, you definitely need an experienced attorney knowledgeable of FINRA rules and procedures to handle these FINRA arbitration cases involving Ponzi Scheme investments and other complex legal issues.  By hiring a top rated securities arbitration lawyer like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce aggressively represents investors and is one of the best lawyers to help you recover your Ponzi Scheme investment losses from stockbrokers, investment advisors and their employers in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors not only in Ponzi Scheme cases but all kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout South Carolina, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With An Experienced Ponzi Scheme Lawyer Representing South Carolina Residents in FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle Ponzi Scheme and other securities investment cases in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving South Carolina citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Georgia Securities Arbitration Lawyers Who Handle Ponzi Scheme Cases

Did Kenneth Brownlee Cause You Investment Losses? Kenneth Brownlee, a former representative with Athens, Georgia-based Allstate Financial Services, LLC consented to the (FINRA) findings that he made unsuitable investment recommendations to what was a fraudulent Ponzi scheme, causing his customers to lose their entire investments. Kenneth Brownlee allegedly recommended that four of his Allstate Financial customers invest in Capital City Corporation (CCC), which turned out to be a classic Ponzi scheme using investor funds to pay for personal expenses and earnings to earlier investors.   According to FINRA, Mr. Brownlee had no reasonable basis to believe that the securities associated with the CCC Ponzi scheme were suitable for his customers, all of whom had limited investment experience and were not sophisticated investors. FINRAs findings state that the investments were not approved by his member firm and Mr. Brownlee neglected to get the advance approval from the firm to sell the investments. Consequently, Mr. Brownlee was permanently barred from association with any FINRA member in any capacity. Georgia has thousands of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisory offices, comes the potential for their stockbrokers, financial advisors, and other representatives to recommend investments in Ponzi Schemes and engage in all sorts of misconduct which violates Federal and Georgia securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Securities Attorneys Who Represent Investors Caught In Ponzi Schemes In FINRA Arbitrations Throughout Georgia and Nationwide. Did your Georgia stockbroker or investment advisor recommend an investment that turned out to be an investment in a Ponzi Scheme like the ones allegedly run by GPB Capital Holdings or EquiAlt? Generally, these investments are not vetted by your stockbrokers or investment advisor’s employer. The brokerage firms always deny liability for these unauthorized investments. And so, you definitely need an experienced attorney knowledgeable of FINRA rules and procedures to handle these FINRA arbitration cases involving Ponzi Scheme investments and other complex legal issues.  By hiring a top rated securities arbitration lawyer like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce aggressively represents investors and is one of the best lawyers to help you recover your Ponzi Scheme investment losses from stockbrokers, investment advisors and their employers in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors not only in Ponzi Scheme cases but all kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Georgia, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With An Experienced Ponzi Scheme Lawyer Representing Georgia Residents in FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle Ponzi Scheme and other securities investment cases in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving Georgia citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Did Eric Weschke of Kalos Capital Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Eric Peter Weschke has been employed by Kalos Capital, Inc. and Weschke Wealth Management in Setauket, New York since 2011.  During his illustrious securities industry career as a salesperson he has managed to be the subject of two regulatory complaints and fourteen customer complaints. Ohio denied him registration in the state because it “determined that Weschke was not of good business repute.”  Nine of those arbitrations were settled in the investors’ favor, two were denied and three remain pending.  We believe all of the pending complaints relate to Mr. Weschke’s private offer and sale of GPB Capital Holdings sponsored limited partnership interests. We are attorneys offering to help GPB investors who made private placement investments in the following limited partnerships offered and sold by Mr. Weschke during his employment with Kalos Capital, Inc.; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Former Triad Advisors Broker Michael Sievert Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Michael Sievert is currently employed by Arkadios Capital in Jacksonville, Florida. But during the period 2012 though 2018 he was registered with Triad Advisors, LLC in the same city. His securities industry career as a salesperson is not unblemished; he has been the subject of two customer complaints, both of which are still pending. We believe both of these complaints relate to Mr. Sievert’s private offer and sale of GPB Capital Holdings sponsored limited partnership interests. We are attorneys offering to help GPB investors who made private placement investments in the following limited partnerships offered and sold by Mr. Sievert during  his employment with Triad Advisors; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Dustin Shafer of Newbridge Securities and formerly with Money Concepts Capital Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Dustin Shafer is currently employed by Newbridge Securities Corporation in Springfield, Illinois. During the period 2008 through 2019 he was registered with Money Concepts Capital Corp. in the same city. During Mr. Shafer’s securities industry career as a salesperson he has been the subject of seven customer complaints. His BrokerCheck Report also discloses six Judgement/Liens. We believe the two pending complaints relate to Mr. Shafer’s private offer and sale of GPB Capital Holdings sponsored limited partnership interests while his was associated with Money Concepts Capital. We are attorneys offering to help GPB investors who made private placement investments in the following limited partnerships offered and sold by Mr. Shafer during his employment with Money Concepts Capital Corp. ; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Daryl Serizawa of Woodbury Financial Services Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Daryl Serizawa is currently employed by Woodbury Financial Services in Irvine, California. During the period 2012 through 2017 he was registered with Independent Financial Group in the same city. During Mr. Serizawa’s securities industry career as a salesperson he has been the subject of three customer complaints. One of those arbitrations was settled, one was denied and the third involving Mr. Serizawa and Woodbury Financial Services is still pending. We believe the pending complaint relates to Mr. Serizawa’s private offer and sale of GPB Capital Holdings sponsored limited partnership interests. We are attorneys offering to help GPB investors who made private placement investments in the following limited partnerships offered and sold by Mr. Serizawa during his employment with Woodbury Financial Services and the Independent Financial Group; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Sean Kelly formerly employed by Center Street and Capital Financial Sell You Any GPB Fund Investments?

Let Us Help You Recover Your GPB Investment Losses Sean Joseph Kelly was formerly employed by Center Street Securities, Inc, and before that at Capital Financial Services, Inc. and other brokerages. During Mr. Kelly’s securities industry career as a salesperson he  has been criminally convicted and imprisoned for securities fraud, permanently enjoined and barred by the SEC from the securities industry, and the subject of six customer complaints. We believe two of these complaints relate to Mr. Kelly’s private offer and sale of GPB Capital Holdings sponsored limited partnership interests. We are attorneys offering to help GPB investors who made private placement investments in the following limited partnerships offered and sold by Mr. Kelly during his employment with Center Street Securities and Capital Financial Services; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Mark Lee Robare employed by Triad Advisors LLC Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Mark Lee Robare is currently employed by Triad Advisors LLC in Houston, Texas.  During Mr. Robare’s securities industry career as a salesperson he has been the subject of one (1) customer complaint.  We believe the complaint relates to a private offer and sale of GPB Capital Holdings sponsored limited partnership interests which is pending. We are attorneys offering to help GPB  investors who made private placement investments in the following limited partnerships offered and sold by Mark Lee Robare during his employment with Triad Advisors LLC; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Jingbo Pan formerly employed by Coastal Equities, Inc. Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Jingbo Pan is currently not registered as a stockbroker.  During the period November 2018 through May 2019 he was registered with Axiom Capital Management, Inc. and prior thereto from April 2014 through August 2018 he was registered with International Assets Advisory, LLC.   During Mr. Pan’s securities industry career as a salesperson  he has been the subject of three (3) customer complaints.  We believe one of the complaints while he was employed by International Assets Advisory, LLC relates to  private offer and sale of GPB Capital Holdings sponsored limited partnership interests which is pending. We are attorneys offering to help GPB  investors who made private placement investments in the following limited partnerships offered and sold by Jingbo Pan during his employment with International Assets Advisory, LLC ; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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Did Christopher Michael Ortiz employed by National Securities Corporation Sell You Any GPB Fund?

Let Us Help You Recover Your GPB Investment Losses! Christopher Michael Ortiz is currently employed by National Securities Corporation in New York, New York.  During Mr. Ortiz’s securities industry career as a salesperson he has been the subject of one (1) customer complaint.  We believe the complaint relates to private offer and sale of GPB Capital Holdings sponsored limited partnership interests which is pending. We are attorneys offering to help GPB  investors who made private placement investments in the following limited partnerships offered and sold by Christopher Michael Ortiz during his employment with National Securities Corporation; that is, help them to rescind their GPB investment and/or recover their GPB investment losses: GPB Automotive Portfolio, LP GPB Cold Storage LP GPB Holdings, LP GPB Holdings II, LP GPB Holdings III, LP GPB Holdings Qualified, LP GPB NYC Development, LP GPB Waste Management Fund, LP

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