Soreide Law Group has been contacted by several bond investors in Harrah's, now known as Caesars Entertainment Corporation. Many of these investors, who lost their entire investment, purchased these bonds through Aegis Capital Corporation. Aegis has been in business since 1984 and is located in New York City.
Caesars Entertainment changed its name from Harrah's Entertainment, and was taken private with a $28 billion buyout by Apollo and Texas Pacific Group in 2007.
According to a recent Reuters' article, Caesars Entertainment Operating Co (CEOC), the main operating unit of Caesars Entertainment Corp, said that it will not pay the $225 million in bond interest payments, triggering a default on its $18.4 billion debt. Caesars has been battling its creditors over efforts to restructure operations. As of September 30, 2014, CEOC had about $1.5 billion of cash/cash equivalents.
If your broker or financial advisor recommended the purchase of Harrah's/Caesars bonds, through Aegis Capital or other brokerages, call the Soreide Law Group for a free consultation with an attorney at: 888-760-6552. We will represent our clients nationwide before FINRA.
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
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