WARNING! Impending Investigation–LEVI LINDEMANN and J.P. TURNER & COMPANY
Levi Lindemann and J.P. Turner & Company
Have you lost money with financial advisor Levi Lindemann from West Lakeland, Minnesota? We are currently investigating allegations made by the SEC (Securities and Exchange Commissions) made against Levi Lindemann. The SEC alleges that from September 2009 to August 2013, Lindemann raised at least $976,000 from at least 6 investors from Wisconsin. The SEC further alleges that this was a fraudulent scheme.
According to the SEC allegations, Levi Lindemann raised money through two entities that he is affiliated with, Gershwin Financial Inc., and Alternative Wealth Solutions. Lindemann told investors that he would use the proceeds to invest in notes and unit investment trusts, but he never made the investments as represented. The SEC sought a preliminary injunction against Lindemann in the U.S. District Court for the District of Minnesota on November 24, 2014, and the Court granted the injunction, including freezing Lindemann’s assets.
Levi Lindemann was a registered representative and financial advisor with J.P. Turner & Company from November 2010 to March 2012, and with Workman Securities from October 2009 to November 2010. Lindemann was alleged to be a resident of West Lakeland, Minnesota, and he worked at the JP Turner office in Oakdale, Minnesota.
Broker-dealers like J.P. Turner & Company 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.
Our firm has previously represented investors all over the country, including investors in Minnesota and Wisconsin. Our firm has offices in Denver and the Seattle-area, but we continue to represent investors throughout the U.S., If you have lost money with Levi Lindemann, JP Turner, Gershwin Financial, or Alternative Wealth Solutions, and want to hear about ALL legal options, please visit https://www.israelsneuman.com/ and go to our CONTACT page or call us at 720-599-3505.