Warning To Investors About ARI Financial Services and Bridgeport Oaks Fund LLC

Stoltmann Law Offices is investigating Bridgeport Oaks Fund LLC. The Financial Industry Regulatory Authority (FINRA) is investigating William Candler, former President and Chief Compliance Officer of ARI, who allegedly failed to establish an adequate supervisory system to ensure the sales of a number of private placements. One of the private placements he sold was Bridgeport Oaks Fund LLC. Candler failed to conduct adequate due diligence on Bridgeport Oaks Fund LLC, which turned out to be a ponzi scheme, and seven ARI customers lost at least $560,000. Bridgeport Oaks was a purported tenant-in-common (TIC) investment issued by Michael Franks, LLC, doing business as Lanis Securities. In May 2011, the U.S. Attorney’s Office for the Northern District of Illinois charged Michael Morawski and Frank Constant with running a $16 million fraud. If you invested with William Candler, ARI or Bridgeport Oaks Fund, you may be able to recover your losses by calling Stoltmann Law Offices today and speaking to one of our attorneys for free. We can discuss your options with you.

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