Tag Archives: Euro Pacific Capital investigation

Hemant Kathuria-Euro Pacific Capital Broker-Discloses Customer Arbitration Over Private Placement Investments-El Segundo, CA

May 2017- El Segundo, CA

The FINRA records of  Hemant Kathuria ,  a  stockbroker who is currently employed by  Euro Pacific Capital disclose 1 pending customer dispute and 3 prior final customer disputes.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In currently pending FINRA arbitration 16-2859 a customer of Euro Pacific Capital alleges damages of $791,608 for negligence, suitability, intentional misrepresentations and omissions; fraud, control person liability, breach of fiduciary duty, failure to supervise, violations of the California Securities Act, and other claims between 1/2010-6/2014. The investment products complained of include mutual funds, oil and gas investments , promissory notes and private placements.

 

Hemant Kathuria has been employed by Euro Pacific Capital since 8/2007.

If you have questions about an account  handled by Hemant Kathuria call for a no charge consultation.

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

Rex Securities Law Investigating Minerva-Rockdale E&P IV

We are evaluating potential investor cases for persons who may have suffered losses on Minerva-Rockdale E&P IV.

The Minerva-Rockdale E&P IV, LLC,  private placement offering in March 2013, authorized the issuer Euro Pacific Capital to raise $17,365,000 for a pooled investment fund to invest in existing oil production in Texas. This investment is a private placement offering and therefore interests in this investment cannot be sold on any conventional market.

Stockbrokers are required to only make recommendations to investors that are suitable given age, health and level of financial sophistication. Private offerings in the energy sector such as this may not be suitable for retirees and those lacking financial sophistication.

Recently, the Manager of  a related fund, Minerva-Rockdale E&P III sent out a letter advising investors that they are still not receiving any revenue from the property. Investors were also advised in the letter that ” a few new developments also do not bode well for the longevity and financial health of our company”. See this for more details on Minerva-Rockdale E&P III

If you have losses on Minerva-Rockdale E&P III or IV, you may be able to recover losses through FINRA arbitration. Call to learn 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

Minerva-Rockdale E&P III-How to Recover Investment Losses

Investors who have losses as a result of investing in Minerva-Rockdale E&P III may be able to recover some or all of their  losses through arbitration.

On May 16, 2016, the Manager of Minerva-Rockdale E&P III sent out a letter advising investors that they are still not receiving any revenue from the property. Investors were also advised in the letter that ” a few new developments also do not bode well for the longevity and financial health of our company”. Investors are further advised  of a split in management, a decline in production and a current cash balance that is  insufficient to pay for preparation of the 2015 tax return.

The Minerva-Rockdale E&P III, LLC,  private placement offering in May 2012, authorized the issuer Euro Pacific Capital to raise $14,200,000 for a pooled investment fund to invest in existing oil production in Texas. This investment is a private placement offering and therefore interests in this investment cannot be sold on any conventional market. While the recent letter indicates they are seeking a buyer, due to the low pressures and production decline coupled with the overall pricing issues faced by the energy sector, investors are not likely to receive any substantial portion of their original investment.

Stockbrokers are required to only make recommendations to investors that are suitable given age, health and level of financial sophistication. Private offerings in the energy sector such as this may not be suitable for retirees and those lacking financial sophistication.

If you have losses on Minerva-Rockdale E&P III, you may be able to recover losses through FINRA arbitration. Call to learn your options.

Losses on Minerva-Rockdale E&P IV? We are investigating potential investor claims. See this for details. 

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

John Catalfio-Euro Pacific Capital Broker-Named in Customer Dispute

April 7, 2016-Scottsdale, AZ

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

FINRA records are public and can be accessed on the BrokerCheck website. 

The FINRA records of Euro Pacific Capital stock broker John W. Catalfio report that he is named in a currently pending customer dispute. In FINRA Case 15-00721,  a customer alleges that Catalfio made unsuitable investments in penny stocks and foreign equity stocks and that the account was churned. Damages are alleged to be $600,000.

Catalfio has been employed by Euro Pacific Capital since 1/2004.

If you have losses in an account handled by John W. Catalfio  contact us to learn how you may be able to recover damages from his employer.

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

Neal Scott-Former Euro Pacific Capital Broker Named in Customer Arbitration

April 7, 2016-New York, NY

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

FINRA records are public and can be accessed on the BrokerCheck website. 

The FINRA records of stockbroker Neal Scott report that he has recently been named in a customer dispute. In September 2015 a customer made a complaint alleging that while Scott was employed by Euro Pacific Capital he breached his fiduciary duty as well as FINRA conduct and suitability rules by failing to hedge positions and prevent a decline in the customer’s portfolio. Damages of $150,000 are alleged.

Scott’s FINRA record reports a prior arbitration of a customer dispute where the customer was awarded $84,100 and another customer dispute that was settled for $262,000.

The FINRA report discloses six outstanding liens against Scott, including five IRS liens.

Scott is currently employed by Meyers Associates. He was employed by Euro Pacific Capital from 11/ 2007-10/2015.

If you have losses in an account handled by Neal Scott   contact us to learn how you may be able to recover damages from his employer.

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