Securities Lawyers Blog
We represent clients of financial advisors and brokerage firms in investment disputes against their firms, such as Houlihan Capital, LLC. Our services cover a wide spectrum of broker misconduct, including unsuitable investments, failure to supervise, and losses in various investment products. Our firm can analyze your brokerage accounts, determine the extent of your investment losses, and understand the issues and remedies available.
Houlihan Capital is an independent advisory firm that provides valuation, fairness and solvency opinions, and middle market investment banking services including mergers and acquisitions and capital advisory to corporations, investment funds, and business owners. Founded as a practice in Chicago in 1996 and reorganized as Houlihan Capital in 2010, the employee-owned firm is headquartered in Chicago with a branch in Cleveland.
Houlihan Capital, LLC – By the Numbers:
- CRD #: 156028
- Regulatory Events: 2
- Broker Employees: 9
Houlihan Capital, LLC – In the News:
FINRA v. Houlihan Capital, LLC (Case #2015045347101) – In early 2015, Respondents Houlihan Capital and Smith participated in a private placement of securities for a company seeking to raise $5 million through the sale of subordinated convertible promissory notes. In the course of its participation in the offering, they created and disseminated written materials which failed to comply with the standards for communications with the public required under FINRA Rule 2210. As more fully described below, the materials failed to present a balanced view of the risks and benefits of the investment, included inaccurate or misleading statements, presented an overly positive portrayal of the issuer, failed to provide a sound basis for evaluating the facts in regard to an investment in the issuer, omitted material information, included out-of-date information, and contained false, exaggerated, unwarranted, promissory or misleading statements or claims.
FINRA v. Houlihan Capital, LLC (Case #2015043654701) – In 2012, Houlihan conducted a contingent securities offering without first establishing an escrow account for investor funds as required by Exchange Act Rule 15c2-4. The firm’s failure to use an escrow account resulted from a lack of adequate written supervisory procedures with respect to applicable requirements for contingent offerings. Accordingly, Houlihan violated Exchange Act Rule 15c2-4, NASD Rule 3010, and FINRA Rule 2010.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.