Securities Fraud Law Firm Investigates HERBERT J. SIMS & CO for Unsuitable Investments

Israels & Neuman, PLC
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FAIRFIELD, CONNECTICUT

Have you lost money investing in variable annuities through Herbert J. Sims & Co.? The Investment Fraud Law Firm of Israels & Neuman is currently investigating allegations made against Herbert J. Sims & Co., a Fairfield, Connecticut-based securities brokerage firm. The SEC (Securities and Exchange Commission) brought a regulatory action against Herbert J. Sims & Co., making allegations that it sold risky and complex variable interest rate structured products to 45 clients between January 2015 and April 2018 from Herbert J. Sims’ Boca Raton, Florida office. The SEC alleged that the variable interest rate structured products were unsuitable for the investors.

To settle these allegations, Herbert J. Sims & Co. agreed to pay a $250,000 fine.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including Connecticut. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View Herbert J. Sims & Co. BrokerCheck Report

If your advisor recommended investments in variable interest rate structured products that caused you losses, through Herbert J. Sims & Co. or another firm, please Contact Us at 720-599-3505 for a free evaluation of your case.

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