NEXT Financial Group & Provident Royalties Private Placements
NEXT Financial Group has been fined and sued for millions of dollars for violating securities rules, as well as its part in the Provident Royalties private placements Ponzi scheme. NEXT also was sued for selling $121,000 in tenant-in-common (TIC) exchanges that were part of a larger Ponzi scheme that defrauded investors out of about $600 million.
If you are among the many investors weighing a NEXT Financial Group lawsuit or some other legal action to recoup losses because of NEXT’s misconduct, consider talking with the Law Offices of Andrew Stoltmann. Our offices are investigating the legal options of those who were sold bad investments or were the victim of supervisory and privacy law violations by the Houston-based broker-dealer.