Frankowski Firm Investigating Leavitt F. Sanders And Associated Firms

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Frankowski Firm Investigating Leavitt F. Sanders And Associated Firms

The Frankowski Firm is investigating the potential claims of people who invested with Leavitt F. Sanders and the firms with which he has been associated (the “Sanders Entities”). These entities include: Leavitt Financial Group, Inc., Sanders Yearian Advisory Group, Inc., Triad Advisors, Inc., TD Ameritrade, Inc., IFC Holdings, Inc. d/b/a INVEST Financial Corporation, and Capital Asset Advisory Services, LLC. The investors, all of whom are of retirement age, depended on the funds they entrusted to the Sanders Entities and allege that the entities failed to act in accordance with the investors’ objectives and with the applicable standard of care. The investors, having suffered catastrophic losses to their life savings, also allege that the Sanders Entities breached their duties and engaged in wrongful conduct.

According to the investors, the Sanders Entities made trades and engaged in other investment activities without their authority. Furthermore, they failed to properly keep the investors informed about the trading within their accounts. Specifically, the Sanders Entities engaged in “block purchasing,” which is the purchase of numerous shares of common stock and the subsequent allocation of the shares among investors’ accounts.

In addition to block purchasing, the Sanders Entities failed to adequately diversify the investors’ accounts in accordance with the investors’ ages, risk-tolerances, goals, and objectives. The Sanders Entities also engaged in margin trading (which is the purchase of securities with borrowed money), utilized options trading, and made material misrepresentations to the investors.

If you or someone you know has lost money as a result of an investment with Leavitt Sanders, please contact Richard Frankowski at 888-741-7503 to discuss your potential legal remedies or complete the contact form.

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