New York, NY (PRWEB) July 02, 2013
Zamansky & Associates LLC announces that it is investigating allegations of private investment sales by First Allied Securities Inc. and its economic advisors of venture capital interested provided by Sophisticated Equities Inc. (Sophisticated Equities), the Chicago, Illinois-primarily based brokerage firm. The investigation involves sales of private investments in various restricted liability companies to invest in green technologies businesses including AEI Fisker, AEI Bloom, AEI Venture and other LLCs.

On September 18, 2012, the U.S. Securities and Exchange Commission (“SEC”) instituted an Administrative and Cease and Desist Proceeding against Advanced Equities and two of its principals. The case is In the Matter of Advanced Equities, Inc., Dwight O. Badger and Keith G. Daubenspeck, File No. 3-15031. The SEC alleges that Sophisticated Equities made misstatements to investors, and that there was a failure to supervise sales of private investments in non-public organizations.

The investigation concerns Initial Allied Securities alleged sale and solicitation of AEI funds and LLCs to investors. Private investments in non-public businesses are very risky, and generally offer only restricted information to investors, according to stock fraud attorney Jake Zamansky. Brokerage firms that sell these securities owe duties to make positive that the private investments are suitable for their clients, and that the investors receive disclosure of material risks, he states. If you bought 1 of these AEI funds or LLCs, you should contemplate obtaining it reviewed by a expert for suitability, Zamansky states.

What Investors Can Do

If you had been an investor in any private investment sold by Initial Allied Securities, and would like to go over your legal rights, you might, with no obligation or price to you, e-mail jake(at)zamansky(dot)com or contact the law firm at (212) 742-1414.

About Zamansky & Associates LLC

Zamansky & Associates LLC is one of the major law firms specializing in securities fraud and economic solutions arbitration and class action litigation. We represent each person and institutional investors. Our practice is nationally recognized for our potential to aggressively prosecute instances and recover losses.

To discover a lot more about Zamansky, please check out our site, http://www.zamansky.com.

Contacts

Zamansky & Associates, LLC
50 Broadway – 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake(at)zamansky(dot)com