10.0David P Neuman
(720) 599-3505

UPDATE! Peter Kohli and DMS Advisors BARRED by SEC

SEARCH OUR BLOGS
10
Mar

UPDATE! Peter Kohli and DMS Advisors BARRED by SEC

Posted by admin | 0 Comment
UPDATE!  Peter Kohli and DMS Advisors BARRED by SEC

Peter Kohli and DMS Advisors Barred by SEC

 

Have you lost money with financial advisor Peter Kohli of Pottstown, Pennsylvania?  We are continuing our investigation allegations made by the Securities and Exchange Commission (SEC) against Peter R. Kohli.  In 2016, The SEC filed a complaint against Peter Kohli in the Eastern District of Pennsylvania in Philadelphia, alleging securities fraud.  In March 2018, the SEC barred both Kohli and his advisory firm, DMS Advisors, from the securities industry.

 

The SEC alleged that Peter Kohli launched a mutual fund called the DMS Funds in 2012.  It was alleged that Kohli made material misrepresentations when recommending that investors put money in the DMS Funds.  It was also alleged that Kohli represented that DMS would invest in Marshad Capital Group, an entity which Kohli also controlled.  It was further alleged that Kohli misappropriated or stole investor funds.

 

Peter Kohli was a financial advisor and registered representative of Trustmont Financial Group from July 2010 to May 2015.  He worked at branch offices in Leesport, Pennsylvania.  Kohli also ran companies called DMS Advisors and DMS Financial.

 

Brokerage firms like Trustmont Financial Group have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

 

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado, the Seattle area, Chicago, and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including numerous investors in Pennsylvania in the past. We have represented numerous victims of another Ponzi scheme run by Pennsylvania financial advisor Doug Simanski.  Our attorneys have represented over one thousand investors against many brokerage firms in the past.

 

Click to view:  DMS Advisors SEC Order

Click to view:  Kohli, Peter SEC Order

Click to view:  Kohli, Peter SEC Complaint

Click to view:  Kohli, Peter BrokerCheck 10.3.16

 

If you lost money with Peter Kohli or Trustmont Financial Group, please CONTACT US at 720-599-3505 for a free evaluation of your case.

 

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency.  Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency.  All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact.  This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice.  Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis.  In contingent representation, clients may still be liable for costs.

 

 

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.
10.0David P Neuman

FREE CASE EVALUATION

DENVER: (720) 599-3505

SEATTLE: (206) 795-5798


Copyright © 2020 Israels Neuman, PLC. All Rights Reserved | Sitemap