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Update On Investigation Of VSR Financial Broker Dennis Van Patter-Plano Texas

Rex Securities Law has been investigating VSR Financialbroker Dennis Van Patter and anticipates filing a FINRA arbitration against VSR Financial on behalf of one of Van Patter's former clients. The arbitration is on behalf of a widow who opened an account following her husband's death and was sold a large number of alternative investments, including the following:


  • Atlas Energy Public 17-2008B
  • Atlas Energy Public 18 2009B

  • Boston Capital Series 44

  • Boston Capital Series 47

  • CNL Lifestyle Fund

  • Cole Credit Property Trust II

  • Cypress Equipment Fund 15

  • Inland American Real Estate Trust

  • KBS Real Estate Investment Trust Inc.

  • MPF Income Fund 25

  • Penneco Oil Company 2008-1

  • United Development Funding III

The arbitration alleges that the investments are unsuitable and that VSR was negligent in the supervision of their registered representative Dennis Van Patter and breached their fiduciary duty to their customer. Van Patter operates a company called First Financial Services Group in Plano, TX.

If you believe you were sold unsuitable investments by your broker, call to discuss your legal rights with an experienced securities attorney.

Nationwide representation.

Rex Securities Law

561 391 1900

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.