Miami Investment & Fraud Attorneys
305.372.9700
1 SE 3rd Ave # 1200
SunTrust International Center
Miami, Florida 33131

Current Investigations

Carlson & Associates is currently investigating the following investment products and companies:

Junk Bonds and Speculative Stocks Sold by Morgan Stanley

Carlson & Associates recently filed two FINRA arbitrations against Morgan Stanley for the recommendation and sale of highly risky bonds and stocks to retail investors. Many of these bonds were rated “junk” at the time of the recommendation and were tied to the energy sector.

Through our investigation, we believe Morgan Stanley financial advisors across the entire country marketed and sold unsuitable bonds and stocks to investors and over-concentrated their portfolios in these securities.

Those bonds and stocks include Sandridge Energy, Inc., Swift Energy Co., Windstream Corporation, SeaDrill Limited, Citizens Communications Co., CenturyTel Inc., Cliffs Natural Resources, Inc., Peabody Energy Corp., Icahn Enterprises, E Trade Financial Corp., Chesapeake Energy Corp., Walter Investment Mgt. Corp., Sprint Nextel Corp., and Seagate HDD Cayman. Both SandRidge Energy and Swift Energy have filed for bankruptcy protection.

In many cases, the financial advisors over-concentrated the investors’ portfolios in these energy bonds. Financial advisors have a duty to only recommend suitable investments. If you believe you may have been sold unsuitable stocks or bonds, please contact our office for a free consultation.

ESFIL Commercial Paper sold by Espirito Santo (E.S. Financial Services, Inc.)

Many of the clients of E.S. Financial Services, Inc., the wealth management division of Espirito Santo Bank, have been sold ESFIL Commercial Paper, which is currently in default. Click here for more information.

Success Trade, Inc. Promissory Notes Sold By Hodge Brahmbhatt, Success Trade Securities, and Jade Private Wealth Management

Carlson & Associates, P.A. currently represents several current and former professional athletes who have lost money in Success Trade, Inc. Promissory Notes. All of the players were clients of Jinesh Brahmbhatt, also known as Hodge Brahmbhatt, his investment advisory firm, Jade Private Wealth Management, and his broker-dealer, Success Trade Securities. Click here for more information.

The CFP Group, Inc. Promissory Notes sold by Hodge Brahmbhatt and Roberto Clark

Carlson & Associates, P.A. currently represents several current and former professional athletes who have lost money in The CFP Group, Inc. Promissory Notes. All of the players were clients of Jinesh Brahmbhatt, also known as Hodge Brahmbhatt, his investment advisory firm, Jade Private Wealth Management, and his broker-dealer, Success Trade Securities. Click here for more information.

Oak Finance Luxembourg SA sold by Goldman Sachs

Carlson & Associates, P.A. is currently investigating the sale of Oak Finance Luxembourg SA (“Oak Finance”) notes to clients of Goldman Sachs. It has been reported that Goldman Sachs set up the entity, Oak Finance, to make a loan to Banco Espírito Santo SA (“Espírito Santo”) just weeks prior to Espírito Santo’s collapse. Click here for more information.

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