Inspired Senior Living of San Marcos DST Broker-Dealer Claims Stayed – Investor Alert
Inspired Senior Living of San Marcos DST Broker-Dealer Claims Stayed – Investor Alert
Many investors in Inspired Senior Living of San Marcos DST have viable legal claims against the broker-dealer that sold this investment to them. This claim may be a good source for a significant recovery.
The Bankruptcy Court, however, has stayed all claims against broker-dealers that involve IHC investments. This Stay Order was issued at the request of IHC and certain broker-dealers that sold IHC investments.
Our firm has appealed this Order. We are very hopeful that this Stay Order will be reversed.
Goodman & Nekvasil, P.A., is Fighting for the Rights of IHC Investors
Many, if not most, IHC investors have valuable legal claims against the broker-dealer that sold this investment to them. These claims are particularly important because it is unclear how much money the investors will receive from the IHC bankruptcy. At the request of IHC selling broker-dealers, the IHC bankruptcy judge has stayed all existing and potential investor claims against the broker-dealers.
“Our firm represents approximately 25 investors who invested approximately $10 million in various Inspired Healthcare offerings,” said Kal Nekvasil, a plaintiff’s attorney whose law firm appealed the injunction in August. “Many of our firm’s clients are elderly and suffering from serious medical conditions, including cancer.”
“And many of these FINRA arbitration claims have been pending for almost one year, with at least one final hearing scheduled for this October,” Nekvasil said.
Inspired Senior Living of San Marcos DST Broker-Dealer Claims Stayed – Investor Alert
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $600 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives. We also allege in many cases that the broker-dealer failed to conduct a reasonable due diligence on the investment before recommending it to our client.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.