brokerwatch

 

Who is Dustin Paul Schafer? | GPB Capital Lawsuit

Dustin Shafer is the owner of Shafer Financial Group. Shafer has been a registered broker with Newbridge Securities Corporation since September 2019. Previously, he was registered with Money Concepts Capital. According to FINRA’s BrokerCheck, he has been the subject of 12 disclosures that include Customer Disputes and Judgments/Liens.

 

Peiffer Wolf is currently investigating claims against Dustin Shafer of Newbridge Securities Corporation for his recommendation of GPB Capital Holdings funds and potentially other alternative investments.

 

If you are/were a client of Dustin Shafer, Contact Us Today by calling 888-390-6491 or by filling out an online contact form for a FREE Consultation.

Dustin Shafer | Shafer Financial Group – Newbridge Securities Corporation & Money Concepts Capital

 

According to FINRA’s BrokerCheck, Dustin Shafer is the subject of 12 disclosures. Some of the more notable disclosures are as follows:

 

  • October, 2019: Customer Dispute. Allegations: “Investment was not explained; losses due to a devaluation.” Damage Amount Requested: $77,652.00.
  • September, 2019: Customer Dispute. Allegations: “CUSTOMER ALLEGES RR DID NOT DISCLOSE THE INVESTMEN WAS ILLIQUID AND COULD NOT BE SOLD. CUSTOMER ALSO ALLEGES RR PLACED A LARGE PORTION OF HIS NET WORTH INTO THE REIT.” Damages Amount Requested: $90,000.00.
  • October, 2018: Judgment/Lien. Type: Tax. Amount: $15,112.00
  • March, 2017: Judgment/Lien. Type: Tax. Amount: $10,207.00
  • March, 2016: Judgment/Lien. Type: Tax. Amount: $71,285.00
  • February, 2016: Judgment/Lien. Type: Tax. Amount: $12,704.00
  • March, 2015: Judgment/Lien. Type: Tax. Amount: $14,335.00
  • September, 2014: Judgment/Lien. Type: Tax. Amount: $31,711.32

 

Prior to Newbridge Securities Corporation, Dustin Shafer was registered with Money Concepts Capital, Chase Investment Services Corp., Banc One Securities Corporation, and Edward Jones.

 

If you invested with Dustin Shafer of Newbridge Securities Corporation, contact Peiffer Wolf and Meyer Wilson immediately for a FREE Consultation

 

To review Dustin Shafer‘s BrokerCheck report, click here:

https://brokercheck.finra.org/individual/summary/4198962

*BrokerCheck is run by the Financial Industry Regulatory Authority, Inc. (FINRA)

Dustin Shafer and the GPB Lawsuit

Multiple lawsuits have been filed and multiple regulatory matters have been initiated, alleging that GPB Capital Holdings has been engaged in wrongdoing.  A former GPB Holdings partner alleged that “GPB paid its investors significant returns based upon falsified financial information”.

 

Our investigation into the various GPB private placement funds includes, but is not limited to: GPB Automotive Portfolio LP, GPB Cold Storage LP, GPB Eurobond Finance PLC, GPB Holdings II LP, GPB Holdings III LP, GPB Holdings Qualified LP, GPB Holdings LP, GPB NYC Development LP, GPB Scientific LLC, GPB Waste Management LP, GPB Waste Management Fund LP, and many more.

Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

 

Based on our experience, we believe that there are more investors who have been the victims of Dustin Shafer’s alleged broker misconduct and investment fraud. If you invested with Dustin Shafer of Newbridge Securities Corporation, you should  contact Peiffer Wolf and Meyer Wilson immediately for a FREE Consultation.

 

Learn more about the GPB Investor Lawsuit here: https://gpblawyer.com/gpb-investor-lawsuit/

 

Peiffer Wolf and Meyer Wilson are currently investigating Dustin Shafer’s practices, as well as the products he recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation888-390-6491.

Get a FREE case Evaluation.

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Brokercheck®️ report: Dustin Paul Shafer

Information about this broker was obtained from FINRA’s BrokerCheck on November 21, 2019. You should always review the BrokerCheck report directly for the most updated information. If you believe that information on this page is incorrect, please contact us.

GPB Lawsuit | FREE Consultation | 888-390-6491

 

Peiffer Wolf and Meyer Wilson are currently investigating claims for anyone who has invested in any GPB Capital fund. If you or someone you know invested in any GPB Capital fund, Contact Us Today by calling 888-390-6491 or by filling out an online Contact Form for a FREE Consultation.

If you invested in any GPB Capital Fund, Contact us Today for a FREE Case Evaluation.

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