Did you buy "Regional Healthcare Properties Preferred Stock" from Stephen Brandon Anderson of North Carolina?
Soreide Law Group, and their co-counsel Kyros Law, have filed a FINRA arbitration claim seeking damages on behalf of investors in Regional Healthcare Properties Preferred Stock through Stephen Brandon Anderson (Mr. Anderson was not named as a party in this arbitration claim). It is believed that Mr. Anderson may have recommended this high risk preferred stock to many of his clients. It is further alleged in our claim, that as the value of the preferred stock declined, Mr. Anderson advised our clients to continue holding the investment as it plummeted.
Stephen Brandon Anderson was recently barred by the SEC for overcharging management fees to his clients while working for Riversource Wealth Management. Mr. Anderson also overcharged certain investors at his subsequent firm Foundations Investment Advisors LLC. Upon information and belief, certain clients were reimbursed by Foundations for the overcharges.
https://www.adviserinfo.sec.gov/IAPD/Support/ReportViewer.aspx?indvl_pk=4062846
If you were sold Regional Healthcare Properties preferred stock through Mr. Anderson at Riversource and subsequently held the investment through the transfer to Foundations Investment Advisors LLC, you may have a claim for damages.
If you’ve suffered losses due to the actions or recommendations of STEPHEN BRANDON ANDERSON, formerly with FOUNDATIONS INVESTMENT ADVISORS and Riversource Wealth Management, particularly in Regional Healthcare Properties Preferred Stock, contact Soreide Law Group and speak to an experienced securities lawyer regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group works on a contingency fee and represents our clients nationwide before FINRA.