February 1, 2016- Austin, Texas
Texas Securities Commissioner John Morgan ordered Mississippi based SoBell Corp. and its owner, Andrew Gamber of Jonesboro, Arkansas, to stop selling an investment called “Pension Income Stream Program‘ in Texas.
According to the Order, SoBell has been advertising “Predictable Income”, “Fixed Returns”, and “Flexible Terms” in connection with their offering of pension income stream investment opportunities. The Texas regulator alleges tah the SoBell investments are not registered for sale in Texas and that SoBell is intentionally failing to disclose material facts about the investments.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
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