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Meyer Wilson Law Firm Contacted by Victims of Alleged Investment Scheme Run by Former Missouri Stockbroker Joseph A. Likens

Investment Fraud Attorneys Investigating Case Believe Investors May Be Able to Recover Losses

The securities lawyers at Meyer Wilson have been contacted by victims of an alleged investment scheme operated by former stockbroker Joseph A. Likens of St. Louis, Missouri. Likens was a broker with LPL Financial in 2015 and Merrill Lynch from 2009-2015. He has been permanently barred from acting as a broker by the Financial Industry Regulatory Association (FINRA) as of November 21, 2016.

Contact us today to discuss your potential claim.

Based on the information provided by the victims to Meyer Wilson, it appears as though Likens convinced his elderly clients in or around 2012 to invest in a Missouri company called Chapter, LLC. Although a company with this name does formally exist, it appears as though the investments sold by Likens may have nothing more than a sham. It is likely that these investments were not approved for sale by LPL or Merrill Lynch to elderly clients who were on a fixed income.

When a broker sells an investment to his/her client that is not approved by the brokerage firm it is referred to as “selling away.” Watch Meyer Wilson’s informational video about recovering investment losses in cases of selling away here:

The law firm has been told that several government agencies are conducting investigations but the investors have been told that if they wish to pursue a civil claim to recover their lost investments, they should hire a securities attorney to pursue those claims. To learn more about the difference between filing a complaint with regulatory agency versus pursuing a claim to recovery investment losses, watch Meyer Wilson’s informational video here:

Please understand that Meyer Wilson’s investigation is ongoing and there remains a lot of information and details that require additional review and analysis. It is important that victims speak to an experience investment fraud attorney before the victims speak to the brokerage firm’s compliance or legal departments.

The team of investment fraud attorneys at Meyer Wilson has successfully represented approximately 1,000 individual investors from across the country who have suffered financial harm at the hands of stockbrokers and brokerage firms. They have recovered more than $350,000,000 for their clients.

Investors who lost money as a result of alleged misconduct by former stockbroker Joseph A. Likens are encouraged to contact attorney David Meyer toll free at (866) 314-1980 for no-cost evaluation of their situation. All of our cases are handled on a contingency fee basis, meaning we only charge a fee if we win your case.

We Recover Investment Losses

Helping You Take Back What Is Yours
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million

Why We're the Best Choice

Experienced Representation Focused on Results
  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for over Ten Years Running
  • David Meyer is President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

Helping INVESTORS SINCE 1999

Nationally Recognized Law Firm

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