Soreide Law Group is currently reviewing potential investor claims related to sales practice violations by securities brokers and financial advisors. One of the investments raising serious concerns is Horizon Private Equity III, a private equity fund once promoted to investors as a safe and reliable option. Recent regulatory findings and court proceedings suggest troubling issues surrounding this fund that investors need to understand. The following sections outline the key details.
What is Horizon Private Equity III?
Horizon Private Equity III was a private investment fund tied to Southport Capital and managed by former advisor John J. Woods. It was marketed as a conservative option designed to generate steady income. Investors were told they could expect consistent returns in the range of 6 to 8 percent while maintaining access to their principal. The structure was intended to attract individuals seeking predictable, low-risk growth for retirement or other long-term needs.
Concerns About Horizon Private Equity III
Although it was promoted in a certain way, Horizon Private Equity III has allegedly been associated with what some have described as a major criminal case in recent years. According to federal prosecutors, the fund was accused of operating as a criminal scheme for more than a decade, allegedly impacting hundreds of investors and involving tens of millions of dollars. In February 2025, Woods was reportedly sentenced to nearly eight years in prison in connection with what authorities described as the scheme. Court filings suggested that, instead of producing profits through legitimate investments, new investor contributions were allegedly used to pay earlier participants and to support personal projects. By 2021, investor obligations had reportedly grown to more than $110 million, according to these filings.
Possible Sales Practice Violations
The distribution of Horizon Private Equity III may have involved sales practice violations by certain brokers or advisors. Examples include recommending the investment without properly assessing whether it was suitable, presenting it as a safe or guaranteed product without adequate disclosure of risks, or failing to address red flags connected to its operation. In situations where advisors misled clients or where brokerage firms failed to supervise their representatives, investors may have legal rights to pursue claims. Such cases are often handled through FINRA arbitration or related legal proceedings.
Did You Sustain Losses By Investing In Horizon Private Equity III?
Did you experience losses because of investing in Horizon Private Equity III because of your financial advisor or securities broker? If so, reach out to Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney about the potential recovery of your investment losses. Soreide Law Group has assisted clients nationwide in recovering damages, works on a contingency fee basis, and advances all costs on behalf of investors.