Lawsuit Against: AURORA SECURITIES, AUSTIN A BOWLIN & ROGER W BOWLIN

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against:

AURORA SECURITIES, and their registered representatives,

AUSTIN A BOWLIN and ROGER W BOWLIN (Respondents).

The Claimant is retired and living in Maryland.  The lawsuit states that the Claimant was nearing retirement in 2023 and needed to sell the real estate she owned that was used by her business. According to the lawsuit the Claimant began researching tax implications for the sale and began looking into doing a 1031 exchange. Through her research, the Claimant connected to AURORA SECURITIES broker, AUSTIN A BOWLIN. The lawsuit states that the Claimant wanted to defer taxes on the sale of her property and find conservative income-generating investments that could support her in retirement.  The Claimant is single and is a one-income household.  She now has no other means of income after the real estate was sold. The lawsuit alleges the Claimant was adamant that she needed the most conservative investments to sustain her through her full retirement years.

The lawsuit states that AURORA SECURITIES broker, AUSTIN A BOWLIN recommended Hayworth Tanglewood and Inspired Senior Living DARTMOUTH “DSTs” (A Delaware Statutory Trust) which can purchase fractional ownership in properties that are 1031 qualified without having to own the whole property. The lawsuit alleges AUSTIN A BOWLIN recommended these two and allegedly touted them as the safest and most secure.  Allegedly, Austin Bowlin stated that if the Claimant invested $375k into both for a total of $750k, she would conservatively and consistently receive a combined $3,812.

AUSTIN A BOWLIN, allegedly also recommended Congressional Village DST (A Carter Exchange Property) for the balance of the funds. The lawsuit states that Congressional DST paid 4.5% for an investment of approximately another $360k.

The lawsuit alleges that in total the Claimant, through Respondents, invested $1,110,000 in DST’s which represented her entire life savings. This was all the money she had to live off for the rest of her life and has no means of ever replacing it. Hayworth Tanglewood and Inspired Senior living Dartmouth have completely stopped paying all distributions as the distributions exceeded the operating costs. The Congressional Village DST has cut their distribution from $1,350 to $675.

According to the lawsuit, ROGER W BOWLIN was listed as the broker of record on the DSTs. ROGER W BOWLIN and AUSTIN A BOWLIN are related and were working together, however, the lawsuit alleges, AUSTIN A BOWLIN was allegedly the only one who communicated with the Claimant.

The lawsuit is alleging AURORA SECURITIES and their representatives’ actions have caused damages to the Claimant of at least $1,000,000.  The lawsuit is claiming negligence, breach of fiduciary duty and negligent supervision.

Based in Arizona, Inspired Healthcare Capital specializes in healthcare-related and senior-living investments, primarily offered as Regulation D private placements and Delaware Statutory Trusts (DSTs). Offerings included a variety of funds and DSTs across senior-living markets nationwide, many involving elevated upfront commissions. A letter dated July 18, 2025, from Inspired’s CEO confirmed that the firm has paused all distribution payments and suspended new offerings while under review by the U.S. Securities and Exchange Commission (SEC).

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, AUSTIN A BOWLIN, has been in the securities industry for 8 years, has been listed with 4 firms, and has 2 disclosures on his FINRA CRD report.  One of the disclosures is a pending “Customer Dispute” dated 10/6/2025.  The allegations are, “Claimant alleges that investments recommended were unsuitable.”  The damage amount requested is $1,000,000.00.

ROGER W BOWLIN’s BrokerCheck report states that he has been in the securities industry for 35 years and has been listed with 12 firms. ROGER W BOWLIN has 5 disclosures on his FINRA CRD report, all 5 are “Customer Dispute” disclosures. All 5 disputes are pending and all 5 were filed in 2025.  Some of the allegations listed are, “unsuitable investment recommendation in a real estate securities investment, unsuitable investment recommendation, and mismanagement of their account(s).”  The damage amounts for these five “Customer Disputes” range from $475,000.00 to $5,000,000.00.

If you’ve experienced investment losses in Inspired Healthcare Capital (IHC) because of the recommendation of your broker/dealer or financial advisor, contact Soreide Law Group and speak to an experienced securities lawyer at no cost:  888-760-6552.

Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis.