Current Investigations
Over 1,400 case summaries and investor alerts. Recent securities-fraud recoveries, regulatory news, and investigations.
Categories
Suspect investment fraud?
Your consultation is 100% free and confidential. No fees unless we collect for you.
Discuss Your Case
Alternative Investment SEC Charges Arete Wealth and Associates in Illegal Securities Offering
On January 17th of this year, the U.S. Securities and Exchange Commission (SEC) filed a complaint against the broker-dealer firm Arete Wealth Management LLC and associates tied to the firm. They filed this complaint in Illinois federal court, alleging that…
Read More
Current Investigations Walton Land Fund Exposed!
Dr. Craig McCann and his firm, Securities Litigation Consulting Group, examined the Walton Land Fund 3 private placement and determined that “Walton launders extraordinary fees through property transactions and reports inflated fair values for property…
Read More
Alternative Investment Center Street Securities Inc. of Nashville, TN, a previously licensed FINRA broker-dealer, is closing after 30 years. Registered representatives continue to operate under Arete Wealth Management.
In November of 2023, Center Street Securities (CS) notified the Financial Industry Regulatory Authority Inc. (FINRA) that it was terminating its affiliation as a licensed securities broker-dealer. Center Street sold numerous troubled alternative investments…
Read More Alternative Investment Arete Wealth Management Pays Over $1 Million in Investor Claims
Arete Wealth Management, a Chicago-based broker-dealer firm focused on alternative investments, has paid out more than $1.1 million in settlements to investors in Q1 2024. The particular reasons for the settlements remain unclear, but Arete Wealth states that…
Read More
Current Investigations Railroad Worker Wins $1.2 Million Arbitration Claim Against Brokerage Firm
Donald Saunders, a former railroad worker, recently won a groundbreaking $1.2 million arbitration claim against Concourse Financial Group Securities Inc., thanks to the efforts of his attorney, Bruce Oakes of Oakes & Fosher law firm. Saunders accused his…
Read More Alternative Investment Did You Suffer Losses in the Greenbacker Renewable Energy Fund?
The Greenbacker Renewable Energy Fund recently suspended its distributions, and investors are not receiving the regular payments they were promised. This investment product was extremely speculative , with large hidden costs , and highly illiquid.
Read More
Alternative Investment John Egan Allegedly Recommends Unsuitable Investments
The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker John Kevin Egan, who recommended unsuitable investments to clients. According to his publicly available FINRA BrokerCheck report , John Egan has been the…
Read More
Alternative Investment Net Asset Value Calculation: Priority Income Fund
Recent transactions in the secondary trading market at CTTAUCTIONS for the Priority Income Fund reflect that the illiquid private investment trades at approximately $7.50 a share. Since this is a market of buyers and sellers, with active bids and offers, this…
Read More
Alternative Investment Centaurus Financial Lawsuit: Holding John Starke Accountable
Oakes and Fosher, LLC has initiated a new FINRA arbitration against Centaurus Financial based on the actions of John Starke. Our complaint alleges that Mr. Starke concentrated our client on alternative investments, such as the priority income fund, and that…
Read More
Current Investigations Rene Javier Castro & The Sale of GWG Bonds
Rene Javier Castro was recently the subject of another arbitration alleging the unsuitable recommendation of GWG B onds. Castro has been licensed in the securities industry since 1994 and registered with 16 different FINRA – licensed brokerage firms.
Read More
Broker Negligence Is Whole Life Insurance a Good Investment for Retirement?
A disturbing trend among stockbrokers licensed as insurance agents is to recommend purchasing a “whole life” insurance policy as an investment. These products are sometimes referred to as LIRPs (Life Insurance Retirement Plans) and are sold to fund an…
Read More
Alternative Investment The Alleged Broker Misconduct of B. David Goldstein
The law firm of Oakes & Fosher is presently investigating the alleged broker misconduct of B. David Goldstein. According to his publicly available FINRA BrokerCheck report, B. David Goldstein has been the subject of multiple customer disputes over the course…
Read MoreStay informed
Get investor alerts and case results delivered to your inbox. We never share your information.