In June 2014, a Brazoria County grand jury indicted Alan Derek Jerrigan of Lakeway, Texas, on charges of securities fraud, money laundering and aggregated theft in connection with an alleged investment scheme involving the sale of medical test kits to foreign countries.
The indictment alleges that Jerrigan raised $463,000 and failed to disclose to investors a number of prior problems, including:
- Jerrigan had filed for bankruptcy in 2007
- Jerrigan had failed to satisfy a $53,000 judgment in Maryland related to a similar investment program
- Jerrigan had previously offered and sold a similar investment that was unsuccessful
- Jerrigan intended to send investor funds to an agent in Benin, Africa
If you have questions about how your brokerage account has been handled or if you believe you are the victim of the negligence or fraud by a stockbroker, call to speak with an experienced securities attorney to learn how to recover losses through arbitration.
Rex Securities Law , located in Boca Raton, FL, provides representation to investors in Texas and 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.
561 391 1900
561 391 1900