HAYWORTH TANGLEWOOD, DST Investigation UPDATE | Goodman & Nekvasil, P.A.
HAYWORTH TANGLEWOOD, DST Investigation
Goodman & Nekvasil, P.A. is investigating the marketing and sales practices associated with HAYWORTH TANGLEWOOD, DST. The last distribution on Versity Hayworth Tanglewood, DST was received on April 16, 2024.
INVESTOR UPDATE
Goodman & Nekvasil, P.A. has filed an arbitration claim against AURORA SECURITIES for misrepresenting the risks of this DST investment to our clients and for failing to conduct reasonable due diligence on HAYWORTH TANGLEWOOD, DST.
INVESTOR UPDATE
The July 30, 2025, investor update included the following worrisome information:
• For 2025, debt service expenses are projected to exceed net operating income by approximately $350,000. Given this shortfall, distributions remain paused.
• The Preferred Equity Partner, Crayhill, has sued because the preferred equity loan was not timely and completely repaid.
• The property was put on the market and the highest offer came in at only $80 million. If that offer had been accepted, the investors would have received nothing. Accordingly, the property was pulled off the market.
Versity Investments LLC, now known as Crew Enterprises Is Defending A Lawsuit Seeking $56 million
The lawsuit filed by KHCA Funding LLC and Knights Hill Ireland II DAC alleges that Crewe Enterprises acting through Blake Wettengel and Tanya Muro misappropriated more than $56 million of syndication proceeds raised from investors that was owed to the plaintiffs.
These funds were allegedly diverted to finance other real estate transactions and for personal use by the co-defendants. The lawsuit asserts causes of action including breach of contract, unjust enrichment, conversion, fraud, and civil conspiracy. The plaintiffs are seeking $56 million in damages and injunctive relief.
Brian Nelson was also named as defendants in the civil complaint.
Our firm has filed an Arbitration Claim against Emerson Equity Seeking the Recovery of Money Invested by a Client in a Brian Nelson Promoted Private Placement Offering
The REG D filed for HAYWORTH TANGLEWOOD, DST IDENTIFIES Blake Wettengel and Tanya Muro as Promoters and Executive Officers of the investment.
Goodman & Nekvasil, P.A. is investigating the marketing and sales practices associated with HAYWORTH TANGLEWOOD, DST.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your broker or financial adviser.
HAYWORTH TANGLEWOOD, DST and the Risks of Alternative Investments
Many investors are not fully aware of the problems and risks associated with illiquid, high risk, alternative investments when they purchase them.
Investments are often riskier and more complicated than traditional investments. These funds are only suitable for high net worth, sophisticated investors.
Liquidity Issues and High Sales Commissions
Alternative investments can face several liquidity issues due to their unique characteristics and structure.
Another problem often associated with alternative investments is the high sales commissions brokers typically earn for selling them. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market.
Unfortunately, in many cases, the high sales commission may influence unsuitable investment recommendations.
Broker Due Diligence
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Firms that fail to do so may be held responsible for any losses in a FINRA arbitration claim.
If you believe that your investments in VERSITY CLEMSON INCOME NOTES, LLC may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. If we don’t recover money for you, we charge no attorney’s fee.
Goodman & Nekvasil, P.A. has recovered more than $500 million on behalf of victimized investors. If you lost money on investments in unsuitable investments and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from the SEC and FINRA on 4/24/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442