Investors who purchased or exchanged variable annuities on the recommendation of Centaurus Financial, Inc. (“Centaurus”) may have FINRA arbitration claims. Claims may exist if a financial advisor lacked a reasonable basis for the recommendation. Claims may also exist if the stockbroker or advisor misrepresented the nature of the investment. FINRA Sanctions Centaurus Over Variable Annuity…
Continue reading ›Investors in private placements and Delaware Statutory Trusts (“DSTs”) sponsored by Inspired Healthcare Capital, LLC (“Inspired Healthcare”) may have FINRA arbitration claims if their investment was recommended by a financial advisor who lacked a reasonable basis for the recommendation or if the nature of the investment was misrepresented by the stockbroker or advisor. Bankrupt Sponsor…
Continue reading ›Investors in private placement securities, including Cove Capital’s 1031 DST Investments, may have legal claims if their investment was recommended by a financial advisor who lacked a reasonable basis for the recommendation or if the nature of the investment was misrepresented by the stockbroker or advisor. Cove Capital Investments, based in California, sponsors a range…
Continue reading ›On March 23, 2026, the Securities and Exchange Commission (“SEC”) released an order instituting cease-and-desist proceedings against Ally Invest Advisors, Inc. (“Ally Invest”), pursuant to its alleged violations of the Investment Advisers Act of 1940. Readers can access the SEC order here. The SEC alleges that Ally Invest, a wholly owned subsidiary of Ally Financial Inc., breached…
Continue reading ›Investors who purchased promissory notes or membership interests in special purpose vehicles (“SPVs”) offered by Virginia-based Qidian, LLC (“Qidian”) and its affiliated entities may have legal claims. Qidian’s founder and sole principal, Bin Hao (“Hao”), held Qidian out as a “High-Tech Real Estate Investment & Financing company,” and on that premise persuaded at least 67…
Continue reading ›Investors in Pacific Oak Strategic Opportunity REIT (“Pacific Oak”), a publicly registered, non-traded real estate investment trust ( formerly known as KBS Strategic Opportunity REIT Inc.) may have FINRA arbitration claims, if their investment was recommended by a financial advisor who lacked a reasonable basis for the recommendation, or if the nature of the investment…
Continue reading ›Investors in Pacific Oak Strategic Opportunity REIT (“Pacific Oak”), a publicly registered, non-traded real estate investment trust ( formerly known as KBS Strategic Opportunity REIT Inc.) may have FINRA arbitration claims, if their investment was recommended by a financial advisor who lacked a reasonable basis for the recommendation, or if the nature of the investment…
Continue reading ›Investors who have purchased promissory notes or other securities offered by Utah-based Hedgehog Investments LLC and its affiliates (“Hedgehog”) may have legal claims. Hedgehog advertises itself on its website and elsewhere as a private lending and investment firm, offering investors fixed returns between 12% and 20% annually. Hedgehog represents that it is engaged in a…
Continue reading ›News articles report that Super Micro Computer stock (NASDAQ: SMCI) was facing the possibility of being delisted from the Nasdaq before hiring a new firm of auditors and presenting a plan to file its Annual Report in early 2025. Investors may have legal claims arising from the circumstances leading to this near-delisting, which reportedly include…
Continue reading ›Investors in so-called “auto-callable” notes links to stocks may have FINRA arbitration claims, if their investment was recommended by a stockbroker or financial advisor who lacked a reasonable basis for the recommendation, or if the nature and risks of the investment were misrepresented. “Auto-callable” notes are structured products that are often sold as higher-yielding alternatives…
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