Tagged with "misleading"

SEC Bars Investment Adviser for Misleading Clients Regarding a Fund’s Risk

Posted on August 30th, 2018 at 1:28 PM
SEC Bars Investment Adviser for Misleading Clients Regarding a Fund’s Risk

The SEC has barred investment adviser Caleb Overton for dramatically misleading clients regarding the risks of investing in his fund while its underlying value shrank to near zero.

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We just wanted to say thanks for your work in helping us get back some of the money we lost. We are not by any means rich, but we have saved some money and we have done so through a tight-fisted approach to most everything we do. So losing a significant chunk of money hurt…especially at a time when everyone else was growing their accounts. We really appreciate the work you did.

Allan and Adele

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