As it's prepares to go private with a sale to private-equity buyers, insurance broker and benefits roll-up firm National Financial Partners Corp. is facing hurdles created by its independent broker-dealer, NFP Advisor Services Group, writes Bruce Kelly in a recent article in InvestmentNews. There is a problem with the potential costly legal fallout from NFP […]

A Minnesota attorney and two San Francisco-area hedge fund promoters defrauded investors of more than $21 million by concealing the financial collapse of the fund's only borrower. The individuals raised more than $21 million from investors in the Capital Solutions Monthly Income Fund after the fund's sole business partner, Hennessy Financial, defaulted in May 2008, […]

Soreide Law Group is investigating NFP Securities, Inc.'s, sale of GK Retail Properties Fund III, LLC. Soreide Law has been contacted by several investors wanting to initiate FINRA arbitrations against NFP Securities for the sale of GK Development Inc., investments. One FINRA arbitration involving NFP’s sale of GK Retail Properties Fund III, has already been […]