Furgison Law Group filed a FINRA arbitration claim against National Planning Corporation on behalf of customers of Scott Melbrod

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Claim filed by former clients of Scott Melbrod

Arbitration claim filed by former clients of Scott Melbrod

On December 8, 2015, the securities fraud lawyers at Furgison Law Group filed an arbitration claim against National Planning Corporation ("NPC") related to investments recommended by Scott Melbrod (CRD#4614202). The claims against Mr. Melbrod and his firm, National Planning Corporation, related to the sale of Tenants-In-Common ("TIC") real estate investments, 1031 Exchange transactions and other real estate investments. The customer complaints included allegations of breach of fiduciary duty, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct. Mr. Melbrod and NPC deny all allegations of wrongdoing.

Scott H. Melbrod was the President of Melbrod Wealth Management and a tax preparer with Melbrod Financial Services, where he provided financial planning, tax preparation services and other tax advice. Scott Melbrod was a Registered Representative with and offered his securities and advisory services through National Planning Corporation, a Registered Investment Adviser ("RIA").

Some of the TIC properties at issue

  • Behringer Harvard TIC's

  • St. Louis Place, LLC

  • Inland Private Capital Corp. TIC's

  • NNN Triple Net Properties

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through George Melbrod, Jr., Scott Melbrod, National Planning Corporation, Melbrod Wealth Management or Melbrod Financial Services, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.