INVESTOR ALERT! Investigation of TAMARA STEELE – Pendleton, IN
SEC Files Case Against Tamara Steele Regarding Sales in Behavorial Recognition Systems Labs (now Giant Gray)
Have you invested in a company called Behavorial Recognition Systems Laboratories, now known as Giant Gray, Inc.? Our investment fraud law firm has spoken to numerous investors who lost money investing in Behavorial Recognition Systems (or BRS), a tech company. The Securities and Exchange Commission (SEC) brought a case against Tamara Steele, a financial advisor in Pendleton, Indiana. The SEC alleged that Steele and her firm, Steele Financial, mislead investors about sales of BRS.
In 2017, the SEC brought a case against Ray C. Davis, the founder and Chairman of the Board of BRS Labs, alleging fraud. The SEC alleged that misused nearly $8 million in investor funds, and that the offering materials contained material misrepresentations.
Tamara Steele was a registered representative of Comprehensive Asset Management and Servicing from January 2009 to July 2017. She worked in a branch office in Pendleton, Indiana. She has been the subject of several complaints regarding sales of BRS.
When brokers and brokerage firms recommend a particular investment to a customer, they must perform adequate due diligence on the company before recommending the invest, so that they can adequately disclose all the risks of investing to the investor. If the broker or firm fails to do so, it may be liable for the investor’s losses.
Israels & Neuman is an investment fraud and securities arbitration law firm with offices in Denver, Colorado; Ann Arbor, Michigan; and Seattle, Washington. Our attorneys have represented over one thousand investors all over the country, including customers throughout the MidWest, including Illinois, Indiana, Ohio, and Michigan.
Click to view: BRS SEC Complaint
Click to view: Steele, Tamara BrokerCheck 9.17.18
Click to view: Steele, Tamara SEC Complaint
If you lost money investing in Behavioral Recognition Systems Labs (Giant Gray) through Tamara Steele, Steele Financial, or Comprehensive Asset Management and Servicing, CONTACT US at (720) 599-3505 for a free case evaluation.
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.