Our News Library | Levin Papantonio Rafferty - Personal Injury Lawyers

How to Recover Losses in Hospitality Investors Trust REIT

Levin Papantonio Rafferty may be able to help you recover your losses in the Hospitality Investors Trust. Hospitality Investors Trust (HIT) is a publicly registered non-traded real estate investment trust (REIT), formerly known as American Realty Capital Hospitality Trust. Thousands of investors who were sold HIT have suffered severe losses. Shares were originally sold to most investors at $25 a share. The estimated current value of a share based on limited secondary trading values is less than $1, and HIT has now filed for bankruptcy.

read more

Florida Surfside Condo Collapse: What Happened and Getting Compensation

Experts have yet to identify the factors that prompted the collapse of a condo in Surfside, Florida. Knowing what brought the 12-story building down will be essential to evaluating the safety of other buildings, as well as to determine legal liability for residents who seek to recover damages.

Miami-Dade State Attorney Katherine Fernandez Rundle committed to having a grand jury study the building’s collapse and start paving the way to accountability for the disaster.

read more

FINRA Bars Previously Registered Broker and Investment Adviser Joia Evans From Broker Activities

A BrokerCheck report on previously registered broker and investment adviser Joia Evans reveals that Financial Industry Regulatory Authority (FINRA) has barred her from acting as a broker or otherwise associating with a broker-dealer firm.

Evans, who worked as a registered broker with TIAA-CREF between 2015 and 2020, also went by the names of Joia Thomas and Joia Webb. Prior to her employment with TIAA-CREF, Evans worked as a broker for Edward Jones from 2014-2015.

read more

FINRA Bars Previously Registered Broker and Investment Adviser David Brian Zuber

Financial Industry Regulatory Authority (FINRA) has issued a BrokerCheck report on David Brian Zuber, a previously registered broker and investment adviser that FINRA has barred from acting as a broker or otherwise associating with a broker-dealer firm.

Zuber worked with Securities America, Inc. starting in February 2011. He also was employed by Arbor Point Advisors (as of September 2016) and JK Investment Group, Inc.  (March 2011 to August 2016).

read more

Customer Claims Filed Against Barred Broker Philip Joseph Sparacino

FINRA has barred previously registered broker Philip Joseph Sparacino. Additionally, the New Jersey Bureau of Securities opened an investigation after he allegedly employed a device, scheme, or artifice to defraud customers. Prior to being barred, Mr. Sparacino had 11 years of experience with six different firms.

Since at least June of 2019, Sparacino had allegedly been engaging in a pattern of unauthorized, excessive, unsuitable, and fraudulent trading activity on behalf of customers.

read more

First Paraquat Trial Delayed, But MDL Is Created as More Lawsuits Come to Bear

The first trial among multiple claims filed against Paraquat makers and distributors was delayed. It was the most recent of several delays for this highly anticipated litigation. The claim involves a man who developed Parkinson’s disease after decades of exposure to Paraquat.

Thomas Hoffman worked as a farmer. According to his complaint, the plaintiff was first exposed to Paraquat when he was in the fifth grade, and the exposure continued for decades in the course of Hoffman’s farming work. He died in 2017, only 23 days after filing his lawsuit.

read more

Broker Mark Korsch - Potential Customer Claims for Investment Losses

Marc Korsch is currently registered with Arkadios Capital and has been registered in the securities industry for 11 years. Mr. Korsch has been the subject of multiple customer complaints.

In October 2020, a client alleged Mr. Korsch of investing their accounts in unsuitable and high-risk investments from July 2014 until the dispute was opened. The client is requesting $100,000 in alleged damages and the case is pending.

read more

Noble Royalties Investment Loss Recovery

Noble Royalties sponsored a variety of funds, named the Noble Royalty Access Funds. The units of the Funds were not registered with the Securities and Exchange Commission, and they did not trade on a public exchange. Thus shares of the interests in the noble Royalty Access Funds were generally illiquid. Investors who were sold Noble Royalty Funds may have suffered significant losses and may not even be aware of the true extent of their losses. The shares of Noble Royalties Funds were only supposed to be allowed to be Accredited Investors (generally high new worth investors).

read more

How to Recover Your Losses in FS Energy & Power Fund

The FS Energy & Power Fund was a speculative and high risk investment which was structured as a Business Development Company. Typically Business Development Companies (BDCs) are not registered with the SEC, and they are not publicly traded or listed on public exchanges.

read more

Pages