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The Securities Law Firms of Robert H. Rex, Esq. and Gregory F. Tendrich, Esq. Announce That They are Investigating and Filing Claims on Behalf of Investors Dealing with James Risher, Jade Asset LLC, and Others
Posted by: Robert Rex
November 05, 2010

The securities arbitration division of the Law Offices of Dickenson, Murphy, Rex & Sloan and The Law Offices of Gregory S. Tendrich, Esq., of Boca Raton, FL, announce that they are investigating potential claims on behalf of approximately 150 individuals who invested in the following investment companies purportedly managed by James D. Risher, of Ft. Myers Florida:

• Jade Asset Group, LLC

• Jade Asset Management

• Managed Capital, LLC

• Capital Requirements

Investors were led to believe that their retirement funds were held in an investment account at Golden Beneficial Securities, a Financial Industry Regulatory Authority (FINRA) member firm in Houston, TX, and further led to believe that the account cleared through Penson Financial Services, Inc. (NASDAQ:PNSN), headquartered in Dallas, TX.

Retirement and IRA account holders were led to believe that their retirement accounts were in the custody of Penson Financial Services.

Regularly scheduled distributions from these companies have ceased and at this point in time no explanation has been provided regarding the status of the invested funds.

Individuals who were involved with Mr. Risher, and/or any of these firms or have information which they believe may be relevant to this investigation can contact attorney Robert H. Rex or Nan Thompson at the law offices of Dickenson, Murphy Rex and Sloan PA. Mr. Rex is dedicated to pursuing claims on behalf of investors and practices exclusively in the field of securities arbitration. If you wish to discuss this announcement, please contact him at 561-391-1900 or by e-mail at nlt@dmrslaw.com. 

Click here to see this press release on the New York Times.

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