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SOURCE Shepherd Smith Edwards & Kantas LLP
LAS VEGAS, Oct. 30, 2013 /PRNewswire/ -- Lawyers with the Securities Law Firm of Shepherd Smith Edwards & Kantas LLP, www.sseklaw.com, are investigating claims involving misconduct on the part of Surevest Capital Management and its employees. Surevest Capital Management ("Surevest") is an investment advisory company which is registered in Arizona, California, Nevada, and New York, and maintains offices in Phoenix & Las Vegas.
Surevest advisors allegedly invested client accounts in high risk portfolios, including heavy allocations to equities and private placement securities, such as non-traded REITs, while allocating very little to traditionally low risk investments like bonds. Moreover, these clients have alleged that these high risk investment allocations were recommended and implemented for the clients regardless of the investor's age, risk tolerance, or other considerations.
As a result of these inappropriate investment recommendations, these clients have claimed that they suffered tremendous losses which would not have occurred had the accounts been properly managed and invested. If you have any information about these allegations of Surevest Capital Management's investment strategy, or if you have held an account with Surevest which suffered as a result of similar problems, contact the law firm of Shepherd, Smith, Edwards & Kantas LLP for a free, confidential consultation, which may include an evaluation of your account.
Shepherd Smith Edwards & Kantas LLP has a team of attorneys, consultants and staff with more than 100 years of combined experience in the securities industry and in securities law. For more than two decades, our firm has represented thousands of investors nationwide to recover losses. We have represented clients in Federal and state courts and in arbitration through the Financial Industry Regulatory Authority (FINRA), the New York Stock Exchange Inc. (NYSE), the American Arbitration Association (AAA) and in private arbitration actions.
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