Corporate & Securities Law

Workman Securities, a broker-dealer that was a prominent seller of certain high-risk private placements such as Medical Capital Holdings, Inc. and Provident Royalties, LLC, has recently reached an agreement to settle its remaining securities arbitration claims for $700,000.  Workman?s insurance carrier, Catlin Specialty Insurance Co. has already paid $2.3 million to clients who have sued the firm.

Workman?s representatives are believed to have sold more than $9 million of Provident Royalties, and an uncertain amount of Medical Capital securities.  

If you are an investor that suffered losses by purchasing a private placement recommended or sold by Workman Securities, you may entitled to recovery through securities arbitration.   

Eccleston Law represents individual and institutional investors to recover their investment losses caused by unsuitable investment recommendations, breach of fiduciary duty, negligence or other misconduct. We have extensive experience representing investors in arbitration and litigation disputes with securities broker-dealers and investment advisory firms, and have recovered tens of millions of dollars for investors.

If you are an investor that has suffered losses investing with Workman Securities or in a private placement, please contact Jim Eccleston at the Eccleston Law Offices at 312-332-0000 to discuss your recovery options.