Stoltmann Law Offices is investigating Michael Crowe, a former financial advisor with Securities America in Mesa, Arizona. Crowe was alleged to have solicited an investor to invest $50,000 in Simply Smart Homes, LLC, which was purported to invest in and flip residential property. Richard Smart, who ran Smart homes, had several tax liens against him in Utah, and the company had defaulted on at least two loans. Securities America allegedly did not give Crowe permission to sell investments in Simply Smart Homes, yet he did anyway. This is against securities laws. To find out how you may be able to sue Securities America for Michael Crowe losses, please call 312-332-4200 today. We are securities attorneys based in Chicago, Illinois and we sue firms in the FINRA arbitration forum on a contingency fee basis. The call is no-cost and no-obligation. Brokerage firms like Securities America have a duty to reasonably supervise their brokers in order to make sure that they do not do anything outside securities laws. If the firm does not, it can be held liable for losses. Crowe was also registered with Verus Capital Partners in Mesa. He was subject to two financial compromises, according to public records.
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