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Zamansky LLC Investigates Investor Claims Against Cantone Research Inc. To Recover Losses From Certificates of Participation In Promissory Notes

December 2, 2015 Active Cases & Investigations

The law firm is investigating investor claims to recover losses against Cantone Research Inc. for fraud relating to sales of “certificates of participation” in five promissory notes issued by nursing homes and assisted living facilities controlled by Christopher Brogdon.   Investors in these certificates of participation have reportedly suffered $6 million in losses from defaults.

On November 22, the Financial Industry Regulatory Authority (FINRA) filed a complaint against Cantone Research Inc. of Tinton Falls, NJ, and its President, Anthony J. Cantone, charging them with fraud. The FINRA complaint alleges that Cantone Research received over $1 million in fees from sales of these notes, and that it made misrepresentations to investors about Brogdon’s previous history and ability to successfully make the required principal and interest payments. FINRA also alleges that Brogdon was once indicted for Medicaid fraud and theft, and that past entities he controlled went bankrupt. FINRA also alleges that Cantone Research hid ongoing defaults by Brogdon so that it could sell more notes.

FINRA’s allegations, if true, may provide grounds for investor claims to recover losses. If you invested in these certificates of participation through Cantone Research, please contact our firm for an evaluation of your rights. You can contact Jake Zamansky by telephone at (212) 742-1414 or by email at jake@zamansky.com.

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“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

Mike A.
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