Did you lose money in Polo Road Associated Living LLC, Chestnut Independent Living LLC, Highlands Assisted Living LLC, Oklahoma Operating LLC, Cedala LLC or Arcadia Partners? Stoltmann Law Offices is investigating these companies along with Anthony J. Cantone, Christine L. Cantone and the securities brokerage firm they operate and own, Cantone Research Inc. The Financial Industry Regulatory Authority (FINRA) alleged that from 2010 until 2013, Anthony Cantone, Christine Cantone and their company misrepresented the risks of investing $8 million in “certificates of participation” and promissory notes of entities run by Christopher F. Brogdon. Many of the notes defaulted, resulting in losses for investors.
Allegedly, Christopher Brogdon sold certificates of participation and promissory notes through Brogdon Family LLC and Chelsea Investments LLC. Both were his companies. They sold investments in assisted living and nursing homes. Cantone Research allegedly sold many of the Brogdon investments. The Securities and Exchange Commission (SEC) brought a complaint against Christopher Brogdon and related entities, alleging fraud. Cantone Research did not adequately disclose that Brogdon was barred twice from the securities industry, was indicted for racketeering, theft and Medicaid fraud, and that many of his companies had filed for bankruptcy. Cantone promised investors 10% interest and a return of their principal investment. The promissory notes in question were issued for the following companies: Columbia Financial LLC, which offered notes in Polo Road Assisted Living LLC, Chestnut Financial LLC, which offered notes in Chestnut Independent Living LLC and Highlands Assisted Living LLC, Oklahoma Financial LLC, which offered notes in Oklahoma Operating LLC, Cedars Financial LLC, which offered notes in Cedala LLC and Cherokee Financial LLC, which offered notes in Arcadia Partners. Did you lose money with Anthony J. Cantone, Christine L. Cantone or Cantone Research Inc.? If so, please call our securities law firm as soon as possible. We help investors recover their losses by suing firms such as Cantone Research. The call is free with no obligation.