Jeffrey Meyer and United Private Capital

We are continuing our investigation into allegations made against Jeffrey Brian Meyer from Lake in the Hills, Illinois.  We currently represent a client who invested in United Private Capital at the recommendation of Jeffrey Meyer.

FINRA (the Financial Industry Regulatory Authority) recently filed a regulatory complaint against Jeffrey Meyer.  FINRA alleges that Meyer participated in a number of private securities transactions in several companies, including United Private Capital, K&M Oil, and Strategic Lending Solutions.  FINRA further alleges that Meyer participated in more than $1.5 million sales of notes of these three companies.  Many investors who invested in United Private Capital, K&M Oil, and Strategic Lending Solutions have not been able to get their money back from these companies.  We believe that investors who put money in United Private Capital, K&M Oil, and Strategic Lending Solutions may have lost significant money in these companies.

Jeffrey Meyer was a registered representative and financial advisor with Waddell & Reed from January 2006 to September 2009.  He was also a financial advisor with WRP Investments from September 2009 to August 2012, when he was terminated from WRP Investments for failing to disclose his involvement with K&M Oil.

Our firm, along with Stoltmann Law Offices in Chicago, co-represents an investor in United Private Capital who invested after a recommendation from Jeffrey Meyer.  The case is currently proceeding in FINRA Arbitration against Waddell & Reed.

Broker-dealers like Waddell & Reed and WRP Investments have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives.  Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.  If you have lost money through Jeffrey Meyer, United Private Capital, K&M Oil, or Strategic Lending Solutions and want to hear about ALL legal options, please visit https://www.israelsneuman.com/ or call us at 720-599-3505.