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Broker Misconduct

American Growth Funding II LLC and Ralph JohnsonFinancial Fraud Charges

American Growth Funding II LLC and


Ralph JohnsonFinancial Fraud Charges
March 23, 2016

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CASE

Ponzi Schemes
Private Placements
Alternative Investments
Shareholder Litigation

RECENT POSTS

American
Growth
Funding II LLC
and
Ralph
Johnson
Charged
by
SEC
with
Alleged
Fraud;
Accused
of
Repeatedly
Purchased High-Yield

David Paul Eller


Undisclosed Outside
Business Activities March
28, 2016

Lying to
Securities

Eric C. Erb Photocopying


Signature Pages to Open
Three Customer Accounts
March 27, 2016

American Growth Funding II LLC, a Manhattan-based lending


company, and its owner Ralph Johnson allegedly lied to
investors who purchased high-yield securities, according to
recent documents from the SECs New York Regional Oce

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American Growth Funding


II LLC and Ralph Johnson
Financial Fraud Charges
March 23, 2016
Daniel Irvin McCourt
Private Securities
Transactions without
Proper Notice February 23,
2016
Wayne Anthony Schultz
Failure to Provide
Information and
Documents February 22,
2016
Grapevine, United
Development Funding IV
Ponzi Scheme Allegations
February 21, 2016
United Development
Funding IV Ponzi
Scheme Allegations
February 19, 2016
George W. Montgomery
Ponzi Scheme February 11,
2016
Sheldon J. HarberPrivate
Securities Transaction in a
Private Company February
3, 2016
Christopher Veale
Churning Customer
Accounts, Excessive

currently under review by attorneys Alan Rosca and Joe Peiffer.


The SEC further alleges that American Growth Funding II LLC
a n d Ralph Johnson allegedly promised investors 12-percent
annual returns and falsely claimed to have conducted annual
audits of its financial statements.
The Peier Rosca Wolf securities lawyers are currently
investigating American Growth Funding II and its owner
Ralph Johnson, and are preparing to take action on behalf of
investors.

American Growth Funding II LLC and Ralph Johnson


Allegedly Made Misrepresentations to Investors in
Oering Documents; Placement Agents Were
Allegedly
Aware
Oering
Documents
Were
Inaccurate
American Growth Funding II LLC (AGF II), which purportedly
raised capital from investors to provide loans to businesses, and
Ralph Johnson also allegedly made misrepresentations in
oering documents regarding its management, according to
recent Documents from the SECs New York Regional Oce
presently being examined by attorneys Alan Rosca and Joe
Peiffer.

MoneyLife Interview
with Joe Peiffer:
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ATTORNEYS
Joseph C. Peiffer
Alan L. Rosca
Adam B. Wolf
Daniel J. Carr
Jason J. Kane
James P. Booker

Additionally, AGF II also allegedly concealed details concerning


deteriorating loan values that could obfuscate full payment of
promised returns to investors, said SEC Documents report.

TOPICS

Finally, the companys placement agent, Portfolio Advisors


Alliance, and its owner Howard Allen and president Kerri
Wasserman, also allegedly knew the oering documents were
inaccurate yet continued using them to solicit sales of AGF II
securities.

Attorneys

Securities Lawyers Preparing to Take Action


The

Peier

Rosca

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Wolf

securities

lawyers

are

currently

Annuities

Bitcoin
Blog
ETFs
Insurance Fraud

Accounts, Excessive
Trading February 2, 2016
Chad Deucher, CEO of
Marquis Properties, LLC
Investment Scheme, Ponzi
Scheme February 1, 2016
Richard Clatfelter,
Executive Vice President
of Marquis Properties, LLC
Investment Scheme,
Ponzi Scheme January 31,
2016
Hans Peter Black,
Interinvest Corp.Fraud,
Penny Stock Scam January
30, 2016

investigating Ralph Johnson and other investment professionals


who sold American Growth Funding II LLC to the investing
public, and are preparing to take action on behalf of investors.
They take most cases of this type on a contingency fee basis and
advance the case costs, and only get paid for their fees and costs
out of money they recover for their clients.
The Peier Rosca Wolf securities lawyers are currently
i n ve sti g a ti n g Ralph
Johnson
and
other
investment
professionals, such as Howard Allen and Kerri Wasserman, who
sold American Growth Funding II LLC to the investing public.
Investors who believe they lost money as a result of any of the
aforementioned investment professionals and their sales of
American Growth Funding II LLC may contact the securities
lawyers at Peier Rosca Wolf, Alan Rosca or Joe Peier, for a free
no-obligation evaluation of their recovery options, at 888-9980520.
Alan Rosca (816 Posts)

Equity Trust Co., Ephren


TaylorIgnoring Red
Flags for Accounts Later
Deemed Fraudulent,
Alleged Ponzi Scheme
January 29, 2016
Larry Werbel Criminally
Indicted for His Alleged
Role in VGTel Scheme,
Investigated by Securities
Lawyers January 12, 2016
Christopher Brogdon
Investment Fraud January
11, 2016
J.P. Morgan False
Statements on Marketing

Alan is a securities lawyer. He also teaches Securities Regulation at


the Cleveland-Marshall College of Law. He focuses his legal practice
on complex commercial and financial litigation and arbitration,
particularly in the areas of securities and investment fraud. His office
is in Cleveland, Ohio.

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Materials January 10, 2016


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In our legal system, every person is innocent until and unless


found guilty by a court of law or a tribunal. Whenever we
reference allegations or charges that are alleged, such
allegations or charges have not been proven, and are merely
accusations, not ndings of fault, as of the date of the blog. We
do not have, nor do we undertake, a duty to continue to monitor
or follow cases about which we report, and/or to publish
subsequent blogs regarding various developments that may
occur in such cases. Readers are encouraged to conduct their
own research regarding any such cases and any developments
that may or may not have occurred in such cases.

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FINRA
Foreign Currency Scam
Fraudulent Trading
Inadequate Supervision
Insider Trading
Investment Advisers

Tags: Alan Rosca, American Growth Funding, American Growth


Funding complaint, American Growth Funding investors,
American Growth Funding lawsuit, American Growth Funding
losses, American Growth Funding Ralph Johnson, American
Growth Funding scheme, investment fraud attorneys, Ralph
Johnson, Ralph Johnson complaint, Ralph Johnson investors,
Ralph Johnson losses, Ralph Johnson scheme

Investment Securities
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Securities Fraud

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CONTACT DETAILS

David Paul EllerUndisclosed Outside Business


Activities March 28, 2016

New Orleans Head Office:


201 St. Charles Avenue Suite
4610
New Orleans, Louisiana
70170-4610

Eric C. Erb Photocopying Signature Pages to Open


Three Customer Accounts March 27, 2016
American Growth Funding II LLC and Ralph Johnson
Financial Fraud Charges March 23, 2016
Daniel Irvin McCourtPrivate Securities Transactions
without Proper Notice February 23, 2016
Wayne Anthony Schultz Failure to Provide
Information and Documents February 22, 2016
Grapevine, United Development Funding IV Ponzi
Scheme Allegations February 21, 2016
United Development Funding IV Ponzi Scheme
Allegations February 19, 2016
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George W. MontgomeryPonzi Scheme February 11,


2016
Sheldon J. HarberPrivate Securities Transaction in a
Private Company February 3, 2016

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