Category Archives: Minnesota Department of Commerce

Levi Lindemann Named in SEC Action

December 2, 2014-West Lakeland, Minnesota

The US Securities & Exchange Commission (SEC) filed an emergency action against Levi Lindemann alleging that he is operating a fraudulent scheme through his companies, Gershwin Financial, Inc. and Alternative Wealth Solutions.

In the complaint the SEC alleges that Lindemann has raised nearly $1 million from elderly investors in Wisconsin, leading the victims to believe that their money would be invested in notes, unit investment trusts and other investments. According to the complaint none of these investments were ever made.

FINRA records indicate that Lindemann is not currently registered with any securities firm. He was last registered with J.P. Turner & Company from 11/2010-3/2012.

If you had an account handled by Lindemann that suffered losses, you may be able to recover damages. Contact us to discuss your options.

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.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Jeffrey Petersen of Edina, MN, Charged With Securities Fraud

November 19, 2014

The Minneapolis/St. Paul Business Journal reports that Jeffrey A. Petersen, 56, of Edina has been charged in Hennepin County with 12 counts of securities fraud and other charges related to a scam he operated on Craigslist that duped investors out of more than $400,000.

FINRA records indicate Petersen was last registered in 1997 with LFK Incorporated of Minnetonka, MN. In October 2013, the State of Minnesota Department of Commerce issued a Cease and Desist Order In the Matter of Jeffrey A. Petersen for the sale of securities without the required license and for violating two previous Consent Orders issued by the Department.

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.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870