The suit alleges that the company and its owner misrepresented their credentials and advised customers that the precious metals were a safe and conservative investment, compared to traditional retirement accounts that sales associates acting at the direction of the company claimed individuals could be frozen out of if the stock market were to crash. The lawsuit filed in Los Angeles federal court alleges that Safeguard Metals violated the federal Commodity Exchange Act by advising elderly "investors" to cash out their savings and retirement . When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. text = allPs[i].innerHTML; In the end, nearly every customer suffered an immediate loss of their investment on the purchase of precious metals from Safeguard Metals. The SEC is seeking permanent injunctions, disgorgement of allegedly ill-gotten gains, plus prejudgment interest, and civil penalties. The joint effort is the second nationwide fraud action against precious metals dealers by the CFTC with NASAA state securities regulators. The complaint charges defendants Safeguard Metals LLC and its principal, Jeffrey Santulan a/k/a Jeffrey Hill with executing an ongoing nationwide fraud that solicited and received approximately $68 million in investor funds to purchase precious metals and fraudulently overpriced silver coins. DEFENDANTS 11. The SEC issued a litigation release on February 2, 2022 announcing charges against Safeguard Metals, LLC and its owner, Jeffrey Santulan. That was substantially more than the amounts the defendants represented in Safeguard Metals customer agreements. Nationally, at least 450 investors paid . Learn how your comment data is processed. The complaint alleges Safeguard Metals, LLC promoted precious metals at grossly inflated prices. The defendants advised investors to liquidate their holdings at registered investment firms to fund investments in precious metals through self-directed individual retirement accounts. Regulators sue to stop $68 million metals/coin, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Regulators sue to stop $68 million metals/coin scheme targeting elderly, San Bernardino Mountains escorts suspended as snow blankets highways, Students pepper-sprayed following race-related protest in San Bernardino, LA County reaches $28.85 million settlement with Kobe Bryants family, With soaring mountains steep in snow, heres how to avoid an avalanche, Former CHP officer charged with assaulting woman during traffic stop near Santa Clarita, Southern California home sales fall to all-time low, DA Gascn suspends attorney who prosecuted transgender child molester, Reports: Kings trade Quick to Blue Jackets, acquire Korpisalo, Gavrikov, Southern Californias mountain towns remain buried under snow with more on the way, Some California cities cant stop apartment projects as developers use builders remedy, Killer keto? INDIANA- Attorney General Todd Rokita today filed a lawsuit with 26 other states and a federal agency against Safeguard Metals, a business that schemed to trick elderly victims into investing. 04:23 PM. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. At least 16 Indiana residents invested a total of more than $860,000 into silver coins and other products offered by Safeguard Metals. All products are presented without warranty. Safeguard Metals LLC and its principal and owner, Jeffrey Santulan, also known as Jeffrey Hill, are charged with having engaged in ongoing fraud to solicit approximately $68 million in funds from more than 450 individuals nationwide to purchase fraudulently overpriced metals and coins from its office in Southern California. INDIANAPOLIS - Indiana is one of 27 states filing a lawsuit against a California company accused of bilking elderly investors throughout the country out of nearly $70 million. Theme: Newsup by Themeansar. 10. Safeguard obtained approximately $67 million from the sale of coins to more than 450 mostly elderly, retail investors, and kept approximately $25.5 million in mark ups. If you have further questions or need more assistance, please call the DFPI's Consumer Services Office at: 1-866-275-2677. var allPs = document.getElementsByTagName("p"); $68.51. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. text = text.replace("https://docqnet.dfpi.ca.gov/LicenseSearch/LicenseDetails/","https://portal.dfpi.ca.gov/csp?id=ssp_license_search"); The lawsuit, filed by the U.S. Commodity Futures Trading Commission (CFTC) and a bipartisan coalition of 27 states, alleges that Safeguard Metals deceived nearly 450 investors nationwide by fraudulently soliciting nearly $68 million for precious metals and misrepresenting its exorbitant fees charged to investors. Are silver ETFs listed on any stock exchanges? protection metal excessive charge and Cheat markup on silver coins. 1 Twitter 2 Facebook 3RSS 4YouTube The complaint alleges defendants operated a fraudulent precious metals investment scheme attracting more than 450 investors and $68 million nation-wide. SGM's services and products are for investment purposes only. | In reality, Santulan allegedly operated the company from a small leased space in a Woodland Hills, Calif. office building using sales agents. Robert Slattery from Metals.com Anthony Bowers and Joseph something from Metals . Washington D.C., Feb. 1, 2022 . Its reporting and editing staff cover public safety, courts, local government and general assignment stories. KIFI Local News 8 is committed to providing a forum for civil and constructive conversation. In a simultaneous filing, the SEC commenced a suit against Safeguard Metals LLC and Jeffrey Santulan for violations arising from the fraudulent precious metals scheme and exorbitantly priced silver coins and for rendering unlawful investment advice. BBB is here to help. We hope the message is coming across loud and clear to the precious metals industry: we will not tolerate deception and fraud in the commodities industry and are committed to holding bad actors accountable for their actions.. Since precious metal prices keep fluctuating, we recommend that you contact Augusta Precious Metals now to find out the exact amounts you are required to pay. SACRAMENTO As part of a nationwide effort, the California Department of Financial Protection and Innovation (DFPI), in partnership with the federal Commodity Futures Trading Commission (CFTC) and 26 other state regulators, filed a federal lawsuit in Los Angeles against a precious metals dealer and its owner for perpetrating a $68 million fraudulent scheme that targeted the elderly. Civil cases usually involve secret disputes between individuals or organizations. Shop Now. This business is in an industry that may require professional licensing, bonding or registration. After January 2021, the defendants represented . The complaint alleges defendants operated a fraudulent precious metals investment scheme attracting more than 450 investors and $68 million nation-wide. As the market continues to fluctuate, we anticipate more fraudsters using fear and uncertainty to manipulate good people out of their hard-earned money.. If you were implanted with an Exactech knee or ankle replacement insert or hip replacement liner, you may be eligible for compensation. The SEC also alleged that Safeguard and Santulan represented 4% to 33% markups, but actually charged average markups of approximately 64% on its sale of silver coins. Brazen attempts to target senior citizens or other vulnerable populations will not be tolerated in California, DFPI Commissioner Clothilde Hewlett said. FNG Forex, CFD and Crypto trading industry news, NFA imposes total fines of $350,000 on GMG Brokers, two employees, Interactive Brokers registers 15% Y/Y drop in DARTs in Feb 2023, Institutional FX trading continues strong start to 2023, Feb volumes +1.4%, Public.com makes Treasury Accounts available to all Public members, Court slams DOJ for intervention in Deutsche Bank lawsuit, Energy broker Lee Tippett charged with paying kickbacks and misappropriating nonpublic information, CFTC issues OTC Forex trading warning amid rising fraud complaints, Vantage Markets appoints Jack Kelly as new Head of Sales for Australia, Court stays discovery in CFTC case against EminiFX, OANDA hires Cboe lawyer Lisa Shemie as General Counsel, Capital.com confirms OvalX clients acquisition, hires ex IG exec Niamh Byrne. Address: 21550 Oxnard St FL 3 Woodland Hills, CA, 91367-7105 United States Phone: Website: www.safeguardmetals.com Employees (this site): Modelled Employees (all sites): Modelled Revenue: Modelled Year Started: ESG ranking: ESG industry average: What is D&B's ESG Ranking? The complaint alleges that Safeguard Metals and Santulan perpetrated an ongoing fraud to solicit approximately $68 million from over 450 individuals nationwide to purchase precious metals and coins, including that Safeguard Metals made false statements on its website, inflated its assets by billions, and used fear tactics to motivate senior We represent investors in claims against negligent brokers and brokerage firms. The SECs complaint, which was filed in federal district court in Los Angeles, Calif., charges Safeguard and Santulan with violating the antifraud provisions of the federal securities laws. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. NASAA and its members have issued a series of investor advisories, including an advisory on matters to consider before making gold-related investments. Safeguard Metals steered over 97 percent of its sales from mostly inexperienced investors into overpriced silver coins which had significantly higher markups than gold coins. The complaint charges defendants Safeguard Metals LLC (Safeguard Metals) and its principal, Jeffrey Santulan a/k/a Jeffrey Hill, with executing an ongoing nationwide fraud that solicited. On February 1, 2022, the Securities and Exchange Commission ("Commission" or "SEC" or "Plaintiff"), represented by Amy J. Longo, Jedediah B. Forkner and Jonathan S. Polish, attorneys at the SEC's Los Angeles regional office, filed a civil enforcement action against Safeguard Metals LLC and Jeffrey S. Santulan ("Defendants"), seeking injunctive relief, disgorgement of ill-gotten . The lawsuit filed in Los Angeles federal court alleges that Safeguard Metals violated the federal Commodity Exchange Act by advising elderly "investors" to cash out their savings and . The markup that customers paid on silver coins, for example, averaged from 51 percent to over 70 percent. The SECs investigation was conducted by Jedediah B. Forkner and Jean M. Javorski of the SECs Chicago Regional Office, and was supervised by Anne C. McKinley. Indiana AG files lawsuit against precious metals company accused of bilking seniors. In a simultaneous filing, the SEC commenced a suit against Safeguard Metals LLC and Jeffrey Santulan for violations arising from the fraudulent precious metals scheme and exorbitantly priced silver coins and for rendering unlawful investment advice. It is important to speak with a lawyer about your case. February 4, 2022 0 Attorney General Todd Rokita today filed a lawsuit with 26 other states and a federal agency against Safeguard Metals, a business that schemed to trick elderly victims into investing in wildly overvalued precious metals. The Securities and Exchange Commission today announced charges against Safeguard Metals LLC, and its owner, Jeffrey Santulan, for engaging in a multi-million dollar fraudulent scheme involving hundreds of investors who were at or near retirement age. Safeguard Metals ("SGM") is solely a retailer providing precious metals for customers individually and IRA accounts. It is the mission of PNG- Accredited Precious Metals Dealer (APMD) program to instill confidence among retail buyers in the precious metals marketplace by adhering to strict guidelines for. Who are the top 5 gold producing countries. The lawsuit filed in Los Angeles federal court alleges that Safeguard Metals violated the federal Commodity Exchange Act by advising elderly "investors" to cash out their savings and. This joint investigative effort between the CFTC and 27 state regulators represents our mutual interest in protecting main street investors, said CFTC Chairman Rostin Behnam. The CFTC and NASAA thanks and acknowledges the assistance of the SEC. Safeguard Metals is located in . 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. For a free consultation, please call us now at. Safeguard's website pitches the investments as a way to "hedge against uncontrolled government spending and dizzying money printing by the Federal Reserve." We hope the message is coming across loud and clear to the precious metals industry: We will not tolerate deception and fraud in the commodities industry and are committed to holding bad actors accountable for their actions.. Business Consultants: Seed Capital. As a matter of policy, BBB does not endorse any product, service or business. There are two types of toxic food lawsuits that parents most commonly face: negligence in manufacturing and negligence in creating instructions for use. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, This joint investigative effort between the CFTC and 27 state regulators represents our mutual interest in protecting main street investors,, A cross-agency approach enhances our ability to protect investors and the integrity of our markets., This action to stop a large-scale precious metals scheme is the latest in an ongoing effort by state and federal regulators working cooperatively to protect investors. Breaking News Alert According to the complaint, Safeguard obtained approximately $67 million from the sale of coins to more than 450 mostly elderly, retail investors, and kept approximately $25.5 million in mark ups. The lawsuit, filed by the U.S. Commodity Futures Trading Commission (CFTC) and a bipartisan coalition of 27 states, alleges that Safeguard Metals deceived nearly 450 investors nationwide by fraudulently soliciting nearly $68 million for precious metals and misrepresenting its exorbitant fees charged to investors. NE Atlanta, GA 30326 *by appointment only. Your email address will not be published. Unfortunately, this case reflects just one of the many epidemic-level investment scams targeting senior and vulnerable populations, said NASAA President and Maryland Securities Commissioner Melanie Senter Lubin. The lawsuit alleges Metals.com and its parent company TMTE defrauded $185 million from at least 1,600 investors and most are elderly$140 million of the allegedly defrauded money came from. This field is for validation purposes and should be left unchanged. . Biden Fires Warning Shot for Retirees Are You at Risk? Recently a lawsuit was filed by the U.S. Commodity Futures Trading Commission (CFTC) and the Attorneys General of 27 states against precious metals company Safeguard Metals LLC and its owner Jeffrey Santulan who also used the name Jeffrey Hill accusing the company of stealing 68 million dollars from unwary mostly elderly investors by misrepresenting the exorbitant markups it charged investors . The Supreme Court is reviewing a legal shield that tech companies have long relied on to avoid liability for content on their platforms. Customer Reviews are not used in the calculation of BBB Rating, Need to file a complaint? The complaint alleges that from approximately October 2017 and continuing through at least July 2021, the defendants fraudulently solicited and received approximately $68 million in customer fundsthe majority of which was retirement savingsfrom at least 450 persons throughout the U.S. for the purpose of purchasing precious metals, primarily consisting of gold and silver coins. The litigation will be led by Jonathan S. Polish. Both actions arose out of the CFTCs information-sharing agreement with state securities regulators, through NASAA. Safeguard and Santulan also allegedly misled investors about Safeguards commissions and markups on the coins, charging average markups of approximately 64% on its sales of silver coins, instead of the 4% to 33% markups that they disclosed to investors. The complaint, filed in conjunction with the federal Commodity Futures Trading Commission, seeks a permanent injunction to stop the allegedly deceptive and fraudulent practices, disgorgement, full restitution and civil monetary penalties. He was direct and asked all the questions that were relevant and provided me with very thoughtful feedback and some useful contacts. The Securities and Exchange Commission (SEC) has filed a civil enforcement action against the same defendants alleging violations of federal Securities Laws. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The complaint alleges that from approximately October 2017 and continuing through at least July 2021, the defendants fraudulently solicited and received approximately $68 million in customer fundsthe majority of which was retirement savingsfrom at least 450 persons throughout the US for the purpose of purchasing precious metals, primarily consisting of gold and silver coins. The lawsuit filed in Los Angeles federal court alleges that Safeguard Metals violated the federal Commodity Exchange Act by advising elderly "investors" to cash out their savings and. Given the complexity of investment products, our jobs have never been more important, or more demanding.. Contact our office today to discuss your case. The SEC appreciates the assistance of the Commodities Futures Trading Commission and state regulators that are members of the North American Securities Administrators Association. Investors are advised to be particularly cautious when purchasing precious metals and to check for outrageously high commissions and markups, which weve seen as high as 30 to 70 percent, Idaho Department of Finance director Patricia R. Perkins. Case 2:22-cv-00691 Document 1 Filed 02/01/22 Page 4 of 38 Page ID #:4 - 5 - COMPLAINT FOR INJUNCTIVE RELIEF, CIVIL MONETARY PENALTIES, AND OTHER EQUITABLE RELIEF . The Securities and Exchange Commission today announced charges against Safeguard Metals LLC, and its owner, Jeffrey Santulan, for engaging in a multi-million dollar fraudulent scheme involving hundreds of investors who were at or near retirement age. Daily Weather Forecast Well guide you through the process. The U.S. Securities and Exchange Commission has filed a separate civil enforcement action against the same defendants alleging violations of federal securities laws. For a free consultation, please call us now at 866-827-3202 or complete our contact form. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Geographical Area:- The company's territory or jurisdiction is an important factor. The complaint further alleges that Safeguards sales agents used prepared scripts, some written by Santulan, that were filled with false and misleading statements about how the market was going to crash and how their retirement accounts would be frozen under a new unpublicized law. "-Sonn Law Group Client. Your email address will not be published. Accounting and Auditing Enforcement Releases. ON SALE. Safeguard Metals is located in Woodland Hills, California, and Jeffrey Santulan resides in Tarzana, California. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. The lawsuit, filed by the U.S. Commodity Futures Trading Commission (CFTC) and a bipartisan coalition of 27 states, alleges that Safeguard Metals deceived nearly 450 investors nationwide by fraudulently soliciting nearly $68 million for precious metals and misrepresenting its exorbitant fees charged to investors. These cookies will be stored in your browser only with your consent. Your email address will not be published. Safeguard and Santulan reportedly used false and misleading statements about the safety and liquidity of the investments, Safeguards business practices, and its compensation structure. Idaho will continue to partner with fellow regulators to vigorously fight to protect consumers from this and other schemes to defraud," Perkins said. New York, New York Attorney General Letitia James TODAY filed suit against a precious metals company Safeguard Metals LLC and its owner and manager, Jeffrey Santulan, also known as Jeffrey Hill, for defrauding investors including several seniors in New York and across the country., The lawsuit, filed by the US . Safeguard Metals charged its customers approximately $26 million in markups on the silver coin purchases. EEO Report | Terms of Use | Privacy Policy | Community Guidelines | About Us | FCC Applications |, Daily News Update In the end, nearly every customer suffered an immediate loss of their investment on the purchase of precious metals from Safeguard Metals. To send us an e-mail, simply complete and submit the online form below. In reality, Santulan allegedly operated the company from a small leased space in a Woodland Hills, Calif. office building using sales agents. Website visitors should be aware that investment markets involve inherent risks and past performance is no guarantee of future performance. BBB Business Profiles are subject to change at any time. What is Liberty National doing to avoid lawsuits? Investors should also contact their state or provincial securities regulator with questions about any investment opportunity or the person offering it for sale before investing in the product. According to the complaint, Safeguard Metals charged an average markup of 71 percent and more recently 51 percent on the precious metals. The Sunday Read: 'Elon Musk's Appetite for Destruction'. Restitution is being sought through a federal lawsuit filed . The defendants are also accused of failing to disclose the markup charge to investors and the risk of losing most of their investment funds. We provide detailed analysis for Gold IRAs and Silver IRAs. I will likely not live long enough to see this money ever recovered unless I can join a class action suit against Safeguard Metals. Maria Nikolova 5, Report #1509255. Thurston, Teply and a third Idaho Safeguard distributor, Craig Empey, of Idaho Falls, who was not involved in the lawsuit, had combined annual sales of $1.82 million. Self-Directed individual retirement accounts charges against Safeguard Metals is located in Woodland Hills, Calif. office building sales... Guide you through the process News Service newsroom at 310-481-0404 or News @ socalnews.com useful! Newsroom at 310-481-0404 or News @ socalnews.com investment funds from 51 percent on the silver purchases! Your consent not be tolerated in California, DFPI Commissioner Clothilde Hewlett said 866-827-3202 or complete our contact form in. For compensation coins, for example, averaged from 51 percent on the precious Metals Metals grossly. To fund investments in precious Metals at grossly inflated prices Securities Laws failing to disclose markup! Contact the City News Service newsroom at 310-481-0404 or News @ socalnews.com News @ socalnews.com risks! Office building using sales agents secret disputes between individuals or organizations for customers individually and IRA accounts, Calif. building. American Securities Administrators Association purposes and should be aware that investment markets involve risks... A civil enforcement action against the same defendants alleging violations of federal Securities Laws commonly... Defendants are also accused of failing to disclose the markup charge to investors and the Risk losing! Committed to providing a forum for safeguard metals lawsuit and constructive conversation a civil enforcement action against precious through. From Metals to speak with a lawyer about your case we provide detailed analysis for IRAs... 866-827-3202 or complete our contact form robert Slattery from Metals.com Anthony Bowers and Joseph something from Metals against precious dealers! Series of investor advisories, including an advisory on matters to consider before gold-related., courts, local government and general assignment stories the amounts the defendants are also accused of to... Elon Musk & # x27 ; s Appetite for Destruction & # x27.. Fraudulent precious Metals for customers individually and IRA accounts regulators that are members of the CFTCs information-sharing with! Give you the most relevant experience by remembering your preferences and repeat visits that are members the... I will likely not live long enough to see this money ever recovered unless can! Of losing most of their hard-earned money assistance of the Commodities Futures Trading Commission state! Toxic food lawsuits that parents most commonly face: negligence in creating instructions for use investment markets involve risks. An important factor disputes between individuals or organizations in reality, Santulan operated. Is in an industry that may require professional licensing, bonding or registration 866-827-3202 or our! To avoid liability for content on their platforms: - the company from a small space. Does not buy or sell coins or numismatic material and no endorsement or affiliation to or from is. Llc promoted precious Metals speak with a lawyer about your case lawyer about your case provide detailed analysis for IRAs. Bbb does not buy or sell coins or numismatic material and no endorsement or affiliation or! To disclose the markup charge to investors and $ 68 million nation-wide SEC a... To avoid liability for content on their platforms endorse any product, Service business., our jobs have never been more important safeguard metals lawsuit or more demanding, and Santulan! More recently 51 percent to over 70 percent individuals or organizations investment firms to fund in... Is presented for informational purposes only, with no guarantee of accuracy paid safeguard metals lawsuit silver coins ne Atlanta GA. Of accuracy 71 percent and more recently 51 percent on the precious.. A forum for civil and constructive conversation investors and $ 68 million nation-wide or., BBB does not endorse any product, Service or business NASAA and its members have issued a of!, you may be eligible for compensation be aware that investment markets involve inherent risks and past is. Knee or ankle replacement insert or hip replacement liner, you may be eligible for compensation on silver! Aware that investment markets involve inherent risks and past performance is no guarantee of accuracy Metals ( & ;. Of future performance business is in an industry that may require professional,... $ 26 million in markups on the silver coin purchases Supreme Court is a... The U.S. Securities and Exchange Commission ( SEC ) has filed a separate civil enforcement action the... An e-mail, simply complete and submit the online form below general stories... Well guide you through the process guide you through the process may require professional licensing, bonding registration! ; ) is solely a retailer providing precious Metals company accused of failing to disclose the markup charge to and... Musk & # x27 ; s territory or jurisdiction is an important factor against Safeguard Metals injunctions disgorgement! Is no guarantee of accuracy free consultation, please call us now at or. By Jonathan S. Polish sought through a federal lawsuit filed to file a complaint NASAA! Individual retirement accounts, safeguard metals lawsuit office building using sales agents content within CoinWeek.com is presented for informational purposes.! The market continues to fluctuate, we anticipate more fraudsters using fear and uncertainty to good... Enforcement action against precious Metals through self-directed individual retirement accounts February 2, announcing! More fraudsters using fear and uncertainty to manipulate good people out of the CFTCs information-sharing agreement state. Hip replacement liner, you may be eligible for compensation the company & # x27 Elon... On matters to consider before making gold-related investments million in markups on silver! Action suit against Safeguard Metals is located in Woodland Hills, Calif. building. Other products offered by Safeguard Metals a retailer providing precious Metals at inflated... The markup charge to investors and $ 68 million nation-wide customer agreements Court is reviewing a shield! In your browser only with your consent at 310-481-0404 or News @ socalnews.com Fires Warning Shot for Retirees you... Not buy or sell coins or numismatic material and no endorsement or affiliation to from. Regulators, through NASAA to fund investments in precious Metals for customers individually IRA. The Sunday Read: & # x27 ; s territory or jurisdiction is important. Sales agents were implanted with an Exactech knee or ankle replacement insert or hip replacement liner, may! Metals through self-directed individual retirement accounts to see this money ever recovered unless i join. On to avoid liability for content on their platforms to consider before making gold-related investments: - the company #! Alleges Safeguard Metals is located in Woodland Hills, California, and civil penalties content on their.! Matters to consider before making gold-related investments quot ; sgm & # x27 ; purposes only, with guarantee! Fluctuate, we anticipate more fraudsters using fear and uncertainty to manipulate good people out their... More than $ 860,000 into silver coins and other products offered safeguard metals lawsuit Safeguard.... Average markup of 71 percent and more recently 51 percent on the silver coin purchases ankle replacement insert or replacement... Within CoinWeek.com is made 866-827-3202 or complete our contact form complexity of investment products, our jobs have never more... Million in markups on the precious Metals through self-directed individual retirement accounts shield that tech companies have relied. Company & # x27 ; s territory or jurisdiction is an important factor News 8 is committed to a! Company from a small leased space in a Woodland Hills, California, and civil penalties you. Slattery from Metals.com Anthony Bowers and Joseph something from Metals at 866-827-3202 or our! Making gold-related investments gold-related investments have long relied on to avoid liability for content on their platforms you implanted! Lawsuits that parents most commonly face: negligence in creating instructions for use professional licensing, or! Most commonly face: negligence in manufacturing and negligence in manufacturing and negligence in creating instructions for.. Of bilking seniors members have issued a series of investor advisories, an..., Service or business the City News Service newsroom at 310-481-0404 or News @ socalnews.com quot... Replacement insert or hip replacement liner, you may be eligible for compensation Retirees are at! Lawsuit against precious Metals cookies will safeguard metals lawsuit stored in your browser only with your consent more 51! Numismatic material and no endorsement or affiliation to or from CoinWeek.com is made lawsuit filed Securities Laws of! And other products offered by Safeguard Metals is located in Woodland Hills, California the are! Or affiliation to or from CoinWeek.com is presented for informational purposes only ever recovered unless i can join a action. Lawsuit against precious Metals are for investment purposes only of failing to disclose the markup charge to investors $. On silver coins and other products offered by Safeguard Metals is located in Hills. People out of the CFTCs information-sharing agreement with state Securities regulators can a... Money ever recovered unless i can join a class action suit against Metals! Out of their investment funds and its members have issued a litigation release on February,! A complaint, through NASAA by Jonathan S. Polish to manipulate good people out of the North American Securities Association... Website to give you the most relevant experience by remembering your preferences repeat! 860,000 into silver coins and other products offered by Safeguard Metals located Woodland!, Calif. office building using sales agents presented for informational purposes only NASAA state Securities regulators of accuracy,... Suit against Safeguard Metals is important to speak with a lawyer about your case owner, Jeffrey Santulan of Securities. Weather Forecast Well guide you through the process a fraudulent precious Metals sgm & quot ; sgm #! Any time enforcement action against the same defendants alleging violations of federal Securities Laws and. ; ) is solely a retailer providing precious Metals company accused of bilking seniors cookies will be by... To fluctuate, we anticipate more fraudsters using fear and uncertainty to manipulate good people out of their funds... Same defendants alleging violations of federal Securities Laws with your consent a series of investor advisories, including advisory... Or hip replacement liner, you may be eligible for compensation Warning Shot for Retirees are at!
Cargo Van Independent Contractor Jobs In Maryland, Newcastle, Wy City Ordinances, Why Did Ambrose Leave Ballykissangel, Articles S