On November 20, 2015, the Securities and Exchange Commission filed fraud charges and an emergency motion for asset freeze, appointment of a receiver, temporary restraining order, and other relief against Christopher Brogdon, in connection with numerous, fraudulent municipal bond offerings he allegedly orchestrated.

The SEC also sued a number of related entities and individuals as relief defendants. Those relief entities, most of which were allegedly involved in or received funds raised through the Brogdon muni bond offerings, are Brogdon Family, Gordon Jensen Healthcare Association, JRT Group Properties, Mobama Nursing, National Assistance Bureau, Saint Simons Healthcare, and Winter Haven Homes.

The SEC alleged that Brogdon raised millions of dollars from investors who were assured their funds would be used to purchase, renovate, expand, and/or manage nursing homes or assisted living facilities. Instead, according to the SEC’s charges, Brogdon paid investors with money obtained from new investors and misappropriated considerable amounts of money that he spent for other projects and unrelated, personal expenses.

The SEC is seeking, among other relief, restitution of the allegedly ill-gotten gains obtained by Brogdon. However, it appears that many Brogdon entities are facing financial difficulties, and it is unclear how much money, if any, the SEC will be able to recover for the investors.

The investor right lawyers in the Peiffer Rosca Wolf law firm’s securities practice have been investigating and evaluating the Brogdon this case and are preparing to take action and seek compensation on behalf of Brogdon investors. Their goal is to try and supplement whatever recovery may be available for the investors through the SEC’s case by pursuing claims against third-party entities not charged by the SEC, namely entities that, according to their investigation, assisted and enabled Brogdon’s alleged fraud.

Alan Rosca, Joe Peiffer, and the other attorneys at the Peiffer Rosca Wolf law firm represent individual and institutional investors who have suffered financial losses as a result of unlawful conduct by financial professionals. They take most of their cases on a contingency fee basis, advance the case expenses, and typically only get paid for their fees and case expenses they advanced if and when they recover money for their clients.

Investors in municipal bond offerings orchestrated by Brogdon and/or his entities, Gordon Jensen Healthcare Association, JRT Group Properties, Mobama Nursing, National Assistance Bureau, Saint Simons Healthcare, or Winter Haven Homes, may contact attorneys Alan Rosca, Joe Peiffer, or James Booker toll-free at 888-998-0520, by email, at arosca@prwlegal.com, or by filling out the contact form on this page, for a free, no-obligation evaluation of their investment recovery options.

Important Case Updates

Lawson Financial and Its CEO, Underwriter’s Counsel Settle Brogdon Bonds Charges with SEC April 5, 2017 – The investors’ rights attorneys at Peiffer Rosca Wolf are investigating municipal bonds issued by Lawson Financial Corporation (“Lawson”) and managed by Christopher Brogdon. These experienced litigators are currently prosecuting a case on behalf of investors in certain Brogdon… Read more »

Marrien Neilson Allegedly Concealed Christopher Brogdon’s Securities Fraud Marrien Neilson, a former BOK Financial employee, allegedly concealed the securities fraud of Christopher Brogdon’s, according to Court Reports from the U.S. District Court for the District of New Jersey. Peiffer Rosca Wolf securities practice lawyers already represent a number of Brogdon investors in a class action… Read more »

Dwayne Edwards is subject to a pending complaint in federal court filed by the Securities and Exchange Commission. Dwayne Edwards is alleged to have improperly commingled and misappropriated investors’ funds that he received from municipal bond offerings for senior housing facilities in Georgia and Alabama.  The SEC also alleges that Dwayne Edwards falsely made statements… Read more »

The Peiffer Rosca Wolf securities practice attorneys recently filed a lawsuit in the United States District Court for the District of New Jersey on behalf of investors who purchased bonds issued by companies controlled and affiliated with Christopher Brogdon. To learn more about this lawsuit or to receive a free, no-obligation evaluation of your legal… Read more »

Christopher Brogdon municipal bond programs are the subject of a new investor lawsuit by the Peiffer Rosca Wolf investor right lawyers. The Peiffer Rosca Wolf lawyers have sued a financial institution and two brokerage firms that, their complaint alleges, assisted in the Brogdon bond programs. In the new lawsuit, the Brogdon bond investors are seeking… Read more »

Lawson Financial Corporation (LFC) and Robert Lawson Allegedly Executed a Massive Securities Fraud related to the Sale of Millions of Dollars of Municipal Revenue Bonds to LFC Customers Lawson Financial Corporation (LFC) and Robert Lawson, from 2013 through 2015, allegedly took part in a massive securities fraud in connection with the sale of millions of… Read more »

In our last update, we informed Brogdon muni bond investors that on January 15, 2016, the Court approved the requests by Monitor in the SEC action against Christopher Brogdon to appoint certain professionals to advise, assist and support the Monitor in carrying out his duties, and to authorize compensation for those professionals out of the… Read more »

In our last update, we informed investors that on December 28, 2015, the Court overseeing the SEC action appointed a Monitor to oversee Brogdon’s progress in connection with the SEC’s action.  The Monitor will report to the Court on the status of Brogdon’s efforts every thirty days. Since that time, the Monitor filed requests with… Read more »

Brogdon-related municipal bond programs and entities that assisted in the promotion of those programs continue to be investigated by the Peiffer Rosca Wolf securities practice attorneys. Peiffer Rosca Wolf attorney Alan Rosca and his colleagues have been communicating with Brogdon muni bond investors and are preparing to take action on their behalf. In the previous… Read more »

This update identifies the offerings potentially impacted by the SEC’s allegations of improprieties by Christopher Brogdon who, according to the SEC, fraudulently raised $190 million from investors in 54 conduit municipal bond and private placement offerings, through entities associated with Brogdon.  The offerings potentially impacted are: Bleckley-Cochran Development Authority First Mortgage Healthcare Facility Revenue Bonds… Read more »