MILLER & MILOVE
Miller & Milove is a leading business and securities law firm comprised of experienced and dedicated attorneys focusing on the recovery of investor losses due to deceptive or fraudulent investment sales practices. Our firm possesses a reputation for excellence built on more than 29 years of professional representation of clients nationwide in complex litigation, arbitration and mediation proceedings. We possess extensive experience in state and federal courts, FINRA arbitrations and mediations arising from various business, investment and real estate disputes. Most of our cases are a result of referrals from former clients, attorneys and judges familiar with our performance.
**JUNE 11, 2015 – INVESTOR ALERT: FINRA ARBITRATORS AGAIN FIND LIABILITY IN CONNECTION WITH DIRECT INVEST TENANT IN COMMON PRIVATE PLACEMENTS IN FAVOR OF MILLER & MILOVE CLIENTS [FINRA Case #12-02097]
MILLER & MILOVE – THE LEADING PRIVATE PLACEMENT INVESTOR’S ATTORNEYS:
Private Placements, REITs, TICs and other “Alternative Investments” are defrauding investors out of life savings as brokers and financial advisors push high commission/high risk Private Placements instead of traditional investments appropriate for retirement and estate planning. Conservative and retired investors seeking safe income producing investments have been defrauded in private placement securities offerings. In the current low interest rate environment, various Brokers, Investment Advisors, Accountants, Wealth Management and Financial Planning firms have ramped up marketing and sales of complex, commission rich and risky “Alternative Investments“ targeting those seeking safe income generating investments. Securities regulators, such as FINRA, have warned brokers and investment professionals that “Alternative Investments”, such as Tenant In Common Real Estate offerings (TICs), 1031 Exchange products, Non-traded REITS and other real estate and oil and gas deals – all sold through “Private Placement” offerings – are unsuitable for most, if not all, retail investors. Indeed, representatives of the private placement industry admit to the outright fraud of some promoters amongst their association. However the benefit of huge commissions paid to the brokers selling these unsuitable products has encouraged continuing unlawful sales of “Alternative Investments” and has caused devastating losses to retirees and conservative investors alike.
RECENT MILLER & MILOVE TIC AND REAL ESTATE PRIVATE PLACEMENT INVESTMENT CASES
JUNE 11, 2015: FINRA ARBITRATORS AWARD $725,000 TO MILLER & MILOVE CLIENTS AGAINST LPL FINANCIAL AND BROKER FOR DIRECT INVEST BRAINTREE PARK TIC LOSSES
AUGUST 28, 2014 : FINRA ARBITRATION PANEL AWARDS $723,000 TO MILLER & MILOVE CLIENT AGAINST AIG and SAGEPOINT FINANCIAL FOR DIRECT INVEST BRAINTREE PARK TIC PRIVATE PLACEMENT SALES VIOLATIONS, ATTORNEYS FEES AND COSTS RECOVERED
DEC.15, 2013: MASSACHUSETTS SUPERIOR COURT CONFIRMS $5.2 MILLION JUDGMENT IN FAVOR OF MILLER & MILOVE CLIENTS FOR ALTERNATIVE INVESTMENT/PRIVATE PLACEMENT SECURITIES FRAUD. ARGUS HOUSTON OFFICE BUILDINGS AND ARGUS INTERNATIONAL BUSINESS PARK TENANT IN COMMON FRAUD
JUNE 4, 2013: FINRA PANEL AWARDS MILLER & MILOVE CLIENT OVER $5 MILLION FOR ARGUS REALTY TENANT IN COMMON (TIC) FRAUD AND UNFAIR BUSINESS PRACTICES AGAINST PACIFIC WEST SECURITIES AND BROKER
MAY 2013 : FINRA ARBITRATORS AWARD MILLER & MILOVE CLIENT $589,000 FOR ARGUS NORTHGATE BLACKHAWK TIC SCAM
FEBRUARY 2012 : FINRA ARBITRATORS AWARD $1.36 MILLION AGAINST LPL FINANCIAL TO MILLER & MILOVE CLIENT FOR DIRECT INVEST HERON COVE AND BRAINTREE PARK TENANT IN COMMON PRIVATE PLACEMENTS
SEPTEMBER 2010 : TIC PRIVATE PLACEMENT SALES RESULT IN FINRA ARBITRATION PANEL AWARD FOR ELDER ABUSE, FRAUD, PUNITIVE DAMAGES, ATTORNEYS FEES and COSTS IN FAVOR OF MILLER & MILOVE CLIENT (Campbell v. North Wealth Management and Kevin Williams)