Our attorneys have filed a class action lawsuit against Professional Financial Investors, Inc. (PFI), a California-based real estate firm that offered investment opportunities in commercial and residential properties.

If you invested with PFI, or other related entities with similar names including Professional Investors Security Fund (PISF), contact us for a free and confidential consultation to learn more about your options.

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PFI News: Investors Receive Letters From Marin County Law Firm

PFI investors recently received letters from an attorney for PFI indicating that the SEC has begun an inquiry into PFI and its owner, Kenneth J. Casey, who passed away last month. One of the letters states that the SEC is currently conducting a fact-finding inquiry into Ken Casey and PFI, and that

there were legitimate questions involving the structure and investment history of Mr. Casey’s companies.

Further, according to another letter, all PFI officers have resigned from the company. Investors also received a letter from the person appointed as Chief Restructuring Officer stating that PFI and a related company engaged in “serious misconduct” over nearly 30 years.

Professional Financial Investors Lawsuit

Gibbs Law Group and Silver Law Group have filed a complaint against PFI, alleging that PFI created a web of legal entities and investment vehicles that lured individuals to invest in apartment and commercial buildings in and around Marin County. PFI promised investors distributions that would come from rental income and/or profits from the eventual sale of the properties.

The complaint further alleges that since the death of PFI’s owner in May 2020, payments to investors have stopped without any indication as to whether or when they’ll resume. The complaint states that the investments PFI sold were securities that should have been registered with the SEC and/or the State of California, but were not – and therefore were illegally sold.

You can read the full complaint here.

Our law firm is working to review investor claims. If you are a PFI investor, you may have legal options. Speak with a securities lawyer to learn more.

Our Securities Lawyers Have a Winning Record Against the World's Largest Companies Like PFI

Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.

 

“My in-laws lost their retirement funds to a dishonest broker. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back.”

-Silver Law Group client, Ben M.

 

 

“You and your entire staff have been wonderfully organized, professional and a delight to hear from. Usually that is not the case when dealing with legal matters – but you guys (gals) rock.”

-Gibbs Law Group client, Amy

Praise from the Courts

Federal judge in our AT&T class action:

“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”

Federal judge in our Chase lawsuit (resulting in $100 million settlement):

They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”

Read more about what judges say about us.

Scott Silver

Scott focuses his law practice on securities arbitration and litigation and plaintiff-side class action litigation, representing individual investors and institutions in claims against brokerage firms, investment advisors, commodities firms, hedge funds and others.

Michael Schrag

Michael has over 20 years of experience representing individual and small business plaintiffs against the world’s large financial institutions, including Visa, Mastercard, and Chase.

Eileen Epstein

Eileen is involved in the firm’s securities practice and has over a decade of experience in the legal world. She received her law degree from American University in 2005.

David Stein

David’s advocacy has generated major recoveries for consumers impacted by financial fraud. He was named to the Top 40 Under 40 by Daily Journal and a “Rising Star in Class Actions” by Law360.

Amanda Karl

Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product.

Our Financial Fraud Experience

Gibbs Law Group

Gibbs Law Group’s financial fraud and securities lawyers have more than two decades of experience prosecuting fraud. The firm has successfully litigated against some of the largest companies in the United States, and has recovered more than a billion dollars on clients’ behalf.

Gibbs Law Group attorneys have fought some of the most complex cases brought under federal and state laws nationwide, and have been recognized with numerous awards and honors for their accomplishments, including Top 100 Super Lawyers in Northern CaliforniaTop Plaintiff Lawyers in CaliforniaThe Best Lawyers in America, and rated AV Preeminent (among the highest class of attorneys for professional ethics and legal skills).

Silver Law Group

Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation.

The firm is led by Scott Silver, a former Wall Street defense attorney who has been representing customers in securities and investment fraud cases since 2002. Scott is admitted to practice in New York and Florida and the firm’s FINRA arbitration attorneys represents investors nationwide.