Stoltmann Law Offices is investigating Lee Dana Weiss, a registered investment adviser and owner of Family Endowment Partners LP. Weiss is accused of encouraging investors to invest more than $40 million in illiquid securities issued by several related companies without disclosing the fact that he had an ownership interest in the parent company of those entities. He also received payments from the entities. According to a complaint by the Securities and Exchange Commission (SEC), between 2010 and 2012, Weiss advised 11 Family Endowment Partners clients to invest more than $40 million in a French company that designed methods to reduce the harmful effects of tobacco smoking. Weiss received more than $600,000 in payments for himself.
Weiss was registered with Merill Lynch in New York, New York from October 1992 until November 2003, Fidelity Brokerage Services in Boston, Massachusetts from January 2004 until September 2007, FEP Investments in Boston from January 2009 until March 2009, and Stillpoint Capital in Tampa, Florida from March 2011 until August 2015. He is currently registered with MIP Global, Inc. in San Juan, Puerto Rico and has been since January 2014. He has 7 customer disputes against him, four of which are currently pending. If you invested money with Lee Dana Weiss, please call our securities law firm at 312-332-4200 for a free consultation with an attorney. There is no obligation. We take cases on a contingency fee basis only.
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