Charles Stivers, Formerly Licensed Financial Advisor Admits to Violating Colorado Securities Act | Goodman & Nekvasil P.A. May Recover Investor Losses
Colorado Securities Division Sanctions Charles Stivers
Colorado Securities Commissioner Gerald Rome signed a cease and desist order today after Charles Stivers admitted to violating the Colorado Securities Act through the pursuit of investments in his company, Aim High Holdings, LLC, that is related to the Colorado marijuana industry.
According to the Colorado Securities Division, at Foundations Investment Advisors, LLC, where Charles Stivers worked as an investment adviser representative, Charles Stivers began soliciting individuals to invest in another of his companies, AIM High Holdings. According to the Colorado Securities Division, these investments were not registered, nor exempt from registration with the Division, and Charles Stivers, though no longer licensed to sell securities, earned commissions for these sales, further violating provisions of the Colorado Securities Act. According to the Colorado Securities Division, filings required by the Division in regard to the Aim High Holdings securities and his own involvement with the company were either neglected or, when filed, contained inaccurate information. According to the Colorado Securities Division, within a year, Charles Stivers recruited nine Colorado investors to hand over $570,000, but in doing so Charles Stivers failed to disclose a number of material facts and made misrepresentations as to the offer and sale of the AIM High Holdings securities.
Investors with Charles Stivers and/or Aim High Holdings May Recover Investment Losses
If you invested with Charles Stivers, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses with Charles Stivers and/or Aim High Holdings and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.