Recent Successes

Every case is different, and past successes are not indicative of future results.

Due to the fact that FINRA proceedings are confidential, and virtually all settlement agreements include confidentiality clauses, we are not at liberty to disclose the names of the parties or amounts of settlements in FINRA arbitration cases where we reached a settlement with the broker-dealer firms. We reach settlements in many of the cases we file on behalf of our clients.

Unsuitable Bonds

Tuesday, September 8, 2015

Chapman LLC represented an Ohio senior investor who was over-concentrated in risky individual bonds. Chapman LLC argued the bonds were unsuitable for an investor of his age, experience, and risk tolerance. Chapman LLC recovered $55,000 for the investor.


Tuesday, September 8, 2015

Chapman LLC represented investors from Northern California and Wilmington, North Carolina in two separate actions in the now-notorious “Private International Wealth Management” (“PIWM”) scheme, masterminded by Nikolai Battoo.  In one case, Chapman LLC sued a national brokerage firm for failing to supervise its employee, Dennis Edmonds, who told customers their money would be safe at PIWM and would produce high rates of return.  In the other case, Chapman LLC sued a different national brokerage firm for failing to supervise […] Read more.

Philip Rossi – Tax Free Bond Scheme

Tuesday, September 8, 2015

Chapman LLC represented 11 Ohio individuals who were defrauded by their trusted, long-time financial advisor, Philip Rossi. Their advisor assured them he could safely invest their retirement savings in municipal bonds. Based on his assurances, the investors entrusted Rossi with their money. Rossi issued periodic statements to his customers, showing supposed increases in their government bond portfolios. In reality, he had misappropriated their money, and used part of it to make “dividend” payments to earlier investors, in typical “Ponzi” […] Read more.

PFG Fund

Tuesday, September 8, 2015

Chapman LLC represented more than 50 people who collectively lost millions due to Aubrey Lee Price’s fraudulent “PFG” investment fund.  Chapman LLC brought claims against a large national brokerage firm alleging that it failed to supervise Justin Zegalia, Tim Cannady, and Aubrey Lee Price, its registered representatives that sold the illegal, unregistered PFG securities from its branch office. Chapman LLC has recovered $4,525,436.11 for our clients that invested in the fund.

Minority Shareholder Dispute

Tuesday, September 8, 2015

Chapman LLC represented a minority shareholder of a company which was diverting his distributions into a shell company. These distributions were then paid to the majority shareholder and his secretary at the exclusion of the minority shareholder. The jury awarded $256,576 to our client for his losses.