We are representing a former client of Brian C. Sak, a financial advisor with Morgan Stanley in Deerfield, IL. If you were recommended Pebbleford Holdings LLC (1294 Ferndale Avenue, Highland Park, IL 60035) related investments or loans, some or all of your investment losses might be recoverable through FINRA arbitration claims or lawsuits. Brokerage firms like Morgan Stanley have a duty and obligation to reasonably supervise the activities of their financial advisors. The failure to do so can make the brokerage firm liable for any related investment or loan amounts. If you were recommended Pebbleford Holdings LLC by Morgan Stanley financial advisor Brian Sak please call our Barrington and Chicago-based investment fraud law firm at 312-332-4200 or visit https://www.stoltmannlaw.com/
An important update for LEAF Fund 4 (“Leaf”) investors. LEAF sent out a letter to investors on May 29, 2015 stating that the LEAF Fund 4 is in its final liquidation stage and as a result of the shrinking portfolio can no longer support distributions and that the May distribution is the last monthly distribution. Please see below for the contents of the letter. This information directly contradicts representations made by many brokers to clients who purchased Leaf that they should hold off on litigation or arbitration since the Fund’s price will bounce back or that the distributions will continue to be made. Many investors had unsuitable concentrations in LEAF made into their account. These losses can be recovered through the FINRA arbitration claims process. To receive a free review by a lawyer, please call our law firm in Chicago, IL to learn how these losses may be recoverable on a contingency fee basis.
May 29, 2015
Dear Limited Partner: