In May 2017, the Arizona Corporation Commission filed an action against Michael A. Crowe. The Arizona Corporation Commission alleged that Michael A. Crowe recommended that one of his clients invest $50,000 in Simply Smart Homes, LLC. Michael A. Crowe received a $2500 commission on this transaction.
The Arizona Corporation Commission alleged that Michael A. Crowe engaged in dishonest and unethical practices in the securities industry because this transaction was not recorded on the records of Securities America, Inc., his broker dealer. According to the Arizona Corporation Commission, Securities America, Inc. terminated Michael A. Crowe on September 13, 2016 for engaging in private securities transactions without Securities America, Inc.’s approval.
If you invested in Simply Smart Homes, LLC through Michael A. Crowe, or if you lost money on any other investments through Michael A. Crowe, you may be able to recover your losses from Securities America, Inc. This is because Securities America, Inc. had a duty to supervise Michael A. Crowe.
We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Securities America, Inc. 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 invested in Simply Smart Homes, LLC or lost money on other investments with Michael A. Crowe, 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.