Brian Barr Again Picks Up the Fight Against Skanska in Oral Arguments
Last week, Levin Papantonio Rafferty (LPR) attorney Brian Barr gave oral arguments on behalf of appellees in Skanska’s appeal from a judgment in limitation of liability cases related to the breakaway of barges in Pensacola Bay during Hurricane Sally. Barr represents claimants who suffered property damage and economic losses.
The Risks of Overconcentration in Pot Stocks
The annals of investment history are lightly peppered with stories of ordinary people who made their millions concentrating their holdings with a single company—Microsoft, Sears, Facebook, and others. However, these success stories are the exception, not the norm.
The Risks of Overconcentration in Pot Stocks
The annals of investment history are lightly peppered with stories of ordinary people who made their millions concentrating their holdings with a single company—Microsoft, Sears, Facebook, and others. However, these success stories are the exception, not the norm.
Retirees Are Suing for Investment Losses Allegedly Caused by Quincy, IL Area Financial Advisor and Broker Jeff Kennedy
The Levin Papantonio Rafferty (LPR) law firm announced on Friday that it has filed claims on behalf of retiree investors who are former clients of Quincy, Illinois area Financial Advisor Jeff Kennedy of the Kennedy Wealth Group and Center Street Securities.
Investigation of Former Destin, FL Broker C. Ronald Patton for Possible Unsuitable Recommendations
The Pensacola, Florida based law firm Levin Papantonio Rafferty is investigating possible claims involving a formerly registered broker C. Ronald Patton (a/k/a Clarence Ronald Patton or Ron Patton), who was previously registered with Alexander Capital, L.P., Cetera Advisor Networks LLC, and Summit Brokerage Services, Inc.
FINRA Bars Broker Kevin Mark Nevin From Acting as a Broker
Broker Kevin Mark Nevin, a previously registered broker and investment advisor, has been barred by the Financial Industry Regulatory Authority (FINRA) from acting as a broker or other associating with any broker-dealer firm. BrokerCheck has published the details of the barring on its website.
Lawsuits Filed for CION Investment Corp. (CIC) Investment Losses
The Levin Papantonio Rafferty law firm currently represents customers in claims to recover their investment losses in CION Investment Corp. On Tuesday, October 5, the shares of CION Investment Corp. began trading on the New York Stock Exchange under the ticker “CION.” Unfortunately for investors, shares closed trading on October 5 at $11.85 – representing a loss of over 40% of the principal for investors who purchased shares of CION at $10/share (shares underwent a reverse share split in September, resulting in an approximate halving of investors shares).
Claims Filed Regarding Former Sarasota Financial Advisor Marc Korsch for Sale of Allegedly Speculative and High-Risk REITs and Illiquid Investments to Retirees
The Levin Papantonio Rafferty law firm announced today that it has filed claims on behalf of retiree investors who are former clients of Sarasota-area Financial Advisor Marc Korsch and NAV Advisors. According to his FINRA Brokercheck report, Mr. Korsch’s securities registration terminated last week on Friday, September 3 – which may leave clients stuck with illiquid investments that they cannot sell.
Moody National REIT II – Investors May Have Right to Recover Losses
Investors in Moody National REIT II may have suffered devastating losses. Moody announced that its Board had decided to postpone the valuation of Moody National REIT II shares on August 5, 2021. In the past Moody declared its updated NAV at the end of the calendar year, but Moody has yet to update its NAV since December 2019.
The Parking REIT (MVP REIT II) – Investment Loss Recovery
Parking REIT investors may have suffered losses of over 75% of their investment principal, based on recent tender offers of less than $6.00 per share made by MacKenzie Capital Management. Furthermore, data from limited secondary trading data sources shows a sale in June 2020 for amounts as low as $5.01 per share. The Parking REIT’s board estimated the share value at $11.75 as recently as June 2021, but even if that share value estimated was correct investors who paid $25.00 per share may have lost over 50% of their investment principal.