Investors in a Florida real estate company, which the SEC accused of operating as a $170 million Ponzi scheme, have filed suit against a DLA Piper attorney, his firm and his previous firm, Fox Rothschild LLP, over his role in preparing the company’s offering documents. The complaint filed in Florida federal court on Tuesday claims that Paul Wassgren was a knowing participant in the illegal sale of securities offered by EquiAlt LLC, a firm sued by the U. S. Securities and Exchange Commission in February for allegedly operating as a massive Ponzi scheme. The SEC said more than 1,100 investors were duped.
Reference: https://www.law360.com/articles/1294359
Anil Vazirani is president of Secured Financial Solutions, independent insurance advisor investment advisor rep with a fiduciary obligation and in the financial services industry since 1994. A+ rating with the Better Business Bureau for over a decade and a half, members in good standing with the National Association of Insurance and Financial Advisors.
Dial 1-800-957-5604 x 200 and set up a complimentary strategy session to understand what your goals are, understand what objective you’re trying to accomplish, your risk tolerance, and let us show you how to reduce your investment fees from stocks, bonds and mutual funds down to one point, or five percent when you work with our investment advisory platform. Dial 1-800-957-5604 x 200, and on the web at: DreamRetire.com
Anil Vazirani Integrity and Professional Background – Click Here
RETIRE AND STAY RETIRED,
SAFE, SMART, AND SECURE!
Call today for a Complimentary
Strategy Session: 1-800-957-5604 x 200
Secured Financial Solutions
14301 North 87th Street, Suite # 216, Scottsdale, AZ 85260