HJ Sims

HJ Sims is under scrutiny for allegedly selling unsuitable and potentially fraudulent private placement investments to customers.

Over the past decade, HJ Sims has issued at least 93 Regulation D private placement offerings worth approximately $2.2 billion, exclusively selling 84 of these investments. Many of these offerings were reportedly created and controlled by HJ Sims executives, raising concerns about conflicts of interest and financial mismanagement. Numerous HJ Sims bonds have defaulted, and at least 43 of these offerings allegedly failed to submit state-required annual registration forms.

Investigations suggest that HJ Sims’ Reg D offerings may have been structured to benefit executives at the expense of retail investors, with inflated valuations on account statements and inadequate risk disclosures. Additionally, HJ Sims brokers are accused of inappropriately marketing these high-risk investments to conservative retirees and retail investors who were not suited for such speculative products.

If you invested in HJ Sims private placements and suffered losses, you may have been misled or sold unsuitable investments. Contact ChapmanAlbin today to explore your recovery options.