Bailey & Glasser LLP Announces Investigation of Richmond, VA Wealth Managers Equity Concepts, LLC and Cambridge Investment Research for Misleading and Deceptive Investment Strategies

WASHINGTON, June 1, 2015 /PRNewswire/ -- Bailey & Glasser LLP is currently investigating potential claims on behalf of investors against Equity Concepts, LLC, based in Richmond, Virginia and Cambridge Investment Research for recommending misleading and deceptive investment strategies.  Wealth managers employed by Equity Concepts and Cambridge deceptively market an investment strategy which recommends purchasing life insurance products, borrowing heavily from the life insurance products, and investing the proceeds in the market. In doing so, Equity Concepts and Cambridge provide investors with marketing materials that misrepresent the benefits of this investment strategy compared to direct investment in the stock market. Additionally, Equity Concepts and Cambridge conceal and fail to disclose the substantial risks, the pitfalls of the recommended strategy, and the substantial commissions earned by them by filtering the customers' investment through insurance products.  For updated information about Bailey & Glasser and this investigation, visit www.baileyandglasser.com.

The law firm of Bailey & Glasser seeks to protect your rights, especially if you invested indirectly through an insurance product investment strategy marketed by Equity Concepts or Cambridge.  If you would like more information, please visit our website at www.baileyandglasser.com. Bailey & Glasser continues to investigate these collection practices and our attorneys are available to discuss this matter with you in a free, no-obligation consultation. 

Founded by Ben Bailey and Brian Glasser in 1999 in Charleston, West Virginia, Bailey & Glasser LLP has grown to include nearly 50 lawyers, with offices in eight states and the District of Columbia. The firm's complex litigation practice focuses on high-stakes commercial litigation; class actions for consumers, insureds, investors, and retirement plan participants; catastrophic injury and defective product cases; antitrust; and whistleblower lawsuits.  The firm has extensive experience in energy law, and litigates energy cases in trial courts, bankruptcy courts, regulatory agencies, and appellate courts. It has a major corporate practice, and handles business matters ranging from assisting Chinese investors in acquiring US assets, to IPOs, to the negotiation and execution of billions of dollars in commercial transactions.

Contact: 
James Kauffman
(202) 463-2101 
Bailey & Glasser LLP 
[email protected]

SOURCE Bailey & Glasser LLP

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http://www.baileyandglasser.com

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