Securities Lawyers Blog
When FINRA brings a disciplinary action against a brokerage firm, the findings frequently describe supervisory failures, unsuitable investment recommendations, or sales practice violations that affected many customers at once. The FINRA actions described below involve Lighthouse Capital Group, LLC. The FINRA arbitration lawyers at Gana Weinstein LLP represent investors in FINRA customer disputes against brokerage firms, and a firm’s regulatory record is often important evidence in those claims. Our attorneys can determine whether your investment losses are connected to the conduct FINRA identified.
Lighthouse Capital Group is a broker-dealer specializing in private placement real estate securities for accredited investors, including offerings for 1031, 721, and 1033 exchanges, income-oriented real estate, and value-add projects from third-party and affiliated sponsors. Organized in California in 2013 and based in Pasadena, the firm is affiliated through its principals with the real estate investment companies ExchangeRight Real Estate and Telos Capital.
Lighthouse Capital Group, LLC – By the Numbers:
- CRD #: 169135
- Regulatory Events: 1
- Broker Employees: 22
Lighthouse Capital Group, LLC – In the News:
FINRA v. Lighthouse Capital Group, LLC (Case #2017056516801) – From January 2017 to December 2018, Lighthouse did not establish, maintain, and enforce a supervisory system, including written supervisory procedures, reasonably designed to ensure that it did not engage in general solicitations of private placements. Accordingly, Lighthouse violated FINRA Rules 3110 and 2010.
FINRA arbitration is faster and less formal than court, and most claims against brokerage firms such as Lighthouse Capital Group, LLC are resolved there. The securities arbitration attorneys at Gana Weinstein LLP can explain how to file a FINRA claim and what to expect. Our consultations are free and we welcome all inquiries.