Advisor Li Li of Klahanie Investment Subject of Washington Complaint

If you lost money in Serene Lake Capital with advisor Li Li in Issaquah, Washington, contact Israels & Neuman at 720-599-3505. You may have legal options to recover your losses.

What Did Washington Allege?

The Washington Division of Securities alleged that Klahanie Investment and Li managed a private fund called Serene Lake Capital. Washington further alleged Serene Lake Capital Fund was overleveraged between August 2021 and May 2023, and this fund lost over 70% of its capital between August 2021 and May 2022.

After one client suffered significant losses in Serene Lake Capital, Li lent money to the customer. Moreover, she also guaranteed an investment to this same customer. Washington alleged that this violated securities regulations and fined Li and Klahanie Investment $25,000 regarding these violations.

Background on Li Li

Li Li worked out of an Issaquah, Washington office, while affiliated with Klahanie Investment from March 2018 to the present.

Can I Recover My Investment Losses?

Yes—investors may have the right to pursue claims through FINRA arbitration, a legal forum designed to help recover funds lost due to broker misconduct or unsuitable investment recommendations.

Li Li may be individually liable for if her recommendations contained misrepresentations, unsuitable advice, or breaches of fiduciary duty. Klahanie Investment may also bear responsibility.

We Represent Investors in Washington State

At Israels & Neuman, we have helped thousands of investors nationwide recover money lost to financial advisor misconduct and represent investors throughout Washington and the Pacific Northwest. Attorney David Neuman is licensed to practice law in Washington, and we have offices in Seattle and Vancouver, Washington. Our attorneys have extensive experience handling claims involving investment arbitration and litigation claims.

Free Case Review — Speak to a Securities Fraud Attorney Today

If you invested with Li Li or were sold investments like Serene Lake Capital, contact Israels & Neuman at (720) 599-3505 or (206) 795-5798 for a free case evaluation.

Our attorneys are here to help you understand your rights and determine whether a claim through FINRA arbitration is right for you.

Client Reviews

What are past clients saying about Israels & Neuman, PLC?

Submit a Law Firm Client Review

Aaron Israels was diligent, professional, knowledgeable and extremely thorough. My legal ordeal was quite cumbersome but Aaron was present, willing and ready to go the extra mile for me. I HIGHLY RECOMMEND, Israels and Neuman, PLLC for...

Kay H.

I have worked with many attorneys over the course of my career in both large and small businesses. Dave and Aaron are an outstanding legal team. I used Dave and Aaron for a personal situation that called for a hands on detailed approach. I found...

Fred S.

Aaron created our wills and offered solutions that made the process easy and pain free. We recently needed to amend our wills, and he made suggestions that made a better distribution that we had not thought of prior to meeting with him. He was...

Debra K.

I have worked with Aaron Israels for over eight years and can confidently say that he is the most honest and hard-working attorney I know. He not only gets results, but he also genuinely cares about his clients and colleagues. If you have a...

Tony E.

Mr. Aaron Israels set up our business by listening to us and creating a structure legal structure that was exactly what we wanted and needed. All of the work was set up in a binder for easy access to all information along with clear instructions...

Tom K.