EquiAlt Private Placement Investments

We are investigating and representing investors against FINRA-registered brokerage firms and financial advisors who offered and sold securities issued by affiliates of EquiAlt, LLC (EquiAlt), a private real estate company which organized at least four private placements: EquiAlt Fund, LLC; EquiAlt Fund II,LLC; EquiAlt Fund III, LLC; and EA Sip, LLC (collectively referred to as the EquiAlt Funds). According to a recent SEC Complaint, Brian Davison (Davison) and Barry Rybicki (Rybicki) offered and sold $170 million of unregistered debentures issued by the EquiAlt Funds to over 1,100 investors nationwide. The SEC alleged that Davison, Rybicki, and others committed securities fraud by misrepresenting the debentures as “secure,” “safe,” “low risk,” and “conservative.” Further, while investors were promised “that substantially all of their money would be used to purchase real estate in distressed markets in the United States and their investments would yield generous returns … EquiAlt, Davison, and Rybicki misappropriated millions in investor funds for their own personal use and benefit.” According to the SEC, the revenues that were generated by the EquiAlt Funds became insufficient to pay the interest owed to investors. As a result, the SEC alleged “the Defendants resorted to [a Ponzi Scheme] fraud, using new investor money to pay the returns promised to existing investors.” While many of the sales were solicited by unregistered EquiAlt salespersons, it is reported there were many sales by small offices of registered salespersons associated with large independent FINRA-registered stockbrokerage and insurance firms primarily located in Florida, Arizona, California, and Nevada, and many other states nationwide. It is alleged that EquiAlt salespersons received “commissions of anywhere between 10%-14%,” which is extraordinarily high for the sale of any investment product. Thus, there was such a strong incentive to sell these debentures by any means. It is likely that many of the FINRA registered brokerage firms did not authorize sales of the EquiAlt Fund debentures and that no due diligence or any other investigation of the company or its investment offerings were ever conducted. Consequently, it is very likely that the EquiAlt Funds were sold via misrepresentations and misleading statements. We have learned that investors who purchased the EquiAlt Funds debentures through FINRA-registered brokerage firm representatives also received the same sales pitch; that is, the debentures are “secure,” “safe,” “low risk,” and “conservative” investments, which was untrue which constitutes securities fraud. If you invested in any of the EquiAlt Funds private placements, you may be able to recoup your losses through a FINRA arbitration proceeding. Mr. Pearce has over 40 years of experience with private placement investment disputes and recovering money for investors lost in Ponzi Schemes. The cases we accept will be filed against FINRA registered broker-dealers for misrepresentation, omissions due to failed due diligence, unsuitable investment recommendations, and unauthorized private securities transactions otherwise known as “selling away.” If Attorney Pearce accepts your case there will be no attorney’s fee or arbitration expenses unless we recover funds for you in a settlement with the brokerage or through an arbitration award. Call 1-800-SEC-ATTY (1-800-732-2889) or email us now and get your questions answered and top notch representation in connection with your EquiAlt Funds private placement investments. If you purchased your investment directly from EquiAlt or BR Support Services, your recovery will probably be limited to what assets the Court Appointed Receiver is able to locate, liquidate, and distribute to investors. However, please call us to find out what recourse is available for this investment fraud.

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Investigations and Prosecutions of Early Retirement Scams

Looking for fresh capital to invest in order to earn commissions, the early retirement scam has gained popularity among unethical investment advisors and brokers throughout the United States. The Law offices of Robert Wayne Pearce, P.A. is representing retirees who were tricked into taking lump sum retirement payments in lieu of the traditional pension payments they slaved away for many years with promises of greater growth and more income with little or no risk. We are also representing other baby boomers, near retirement, who were falsely promised security and income at an earlier stage in their life by accepting early retirement packages or just retiring early and cashing out their 401(k) plan. According to Attorney Pearce many investors have fallen prey to these schemes through elaborate seminars and financial projections that misrepresent or do not fully disclose all of the assumptions or the underlying projections and/or risks of the investment program. Representing clients throughout Florida and nationwide. Too many retirees have elected the lump sum option based on the advice of trusted financial professionals. In these cases, the financial professional improperly recommended the lump sum option because that was the only way that his or her firm could gain control of the retirement assets and generate commissions. As a result, the investors sustained substantial losses and retained our law firm to recover their nest egg. For more information on Early Retirement Scams and our cases, click on the links below: Watch Out for Early Retirement Scams Regulation Best Interest (Reg. BI): Better But Not the Best! 72(t) Early Retirement-Not for me! FREE INITIAL CONSULTATION WITH ATTORNEYS WHO UNDERSTAND EARLY RETIREMENT SCAMS The Law offices of Robert Wayne Pearce, P.A. understands and has substantial experience with early retirement scams. We represent victims of such scams and constantly strives to secure justice. Attorney Pearce provides a complete review of your case and fully explains your legal options when you have been scammed out of your retirement funds by unscrupulous brokers and financial advisors. The firm works to ensure that you have all of the information necessary to make a sound decision before any action is taken in your case. For dedicated representation by a law firm with substantial experience in all kinds of securities, commodities and investment disputes, contact the firm by telephone at 561-338-0037 or toll free at 800-732-2889 or via e-mail. We may also be able to arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere. 72 (t) Early Retirement-Not for Me! Watch Out for Early Retirement Scams

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