Emerson Equity LLC: Investor Lawsuit
Featured by top securities fraud attorneys, The White Law Group.
The White Law Group Files FINRA Claim Against Emerson Equity for Investment Losses
The White Law Group, a national securities fraud and investor protection law firm, announces the filing of a FINRA arbitration claim against Emerson Equity LLC (CRD # 130032) on behalf of an investor alleging unsuitable investment recommendations and failure to supervise.
The claim, filed with FINRA Dispute Resolution Services, seeks damages between $100,000 and $300,000 and involves a series of high-risk alternative investments, including Delaware Statutory Trusts (DSTs) and other illiquid real estate offerings.
Allegations Against Emerson Equity
According to the statement of claim, Emerson Equity recommended a group of high-risk, illiquid investments that were unsuitable given the investor’s objectives and risk tolerance. The firm also allegedly failed to adequately supervise its financial advisors.
- NB Student Housing Fund III DST (sponsored by Nelson Brothersl, later renamed Versity, now operating as Crew Enterprises)
- NB Fund II DST (NB/Versity/Crew Enterprises)
- 345 Flats DST
- The Ridge Investor Units, LLC
- Buckingham DST
- NB Private Capital Bridge Fund LLC (Versity / Crew Enterprises)
- NB The Nine DST (Versity / Crew Enterprises)
The claim also highlights supervisory failures involving financial advisor Brian Nelson (CRD#5065593), who has reportedly been the subject of at least five customer disputes, many of which involved unsuitable recommendations in alternative investments.
DST Losses Beyond NB / Versity / Crew Enterprises
Emerson Equity has also reportedly recommended Inspired Healthcare Capital (IHC) DSTs, which have recently come under scrutiny after suspending new investment offerings and halting distributions in 2025. Many IHC-sponsored DSTs, such as Inspired Senior Living of Athens DST and Inspired Senior Living of New Braunfels DST, are now the subject of investor complaints.
These illiquid real estate investments can be risky for many retail investors, particularly retirees seeking stable income. When distributions are suspended or redemption requests are limited, investors may face substantial losses.
How to Recover Investment Losses
“It’s possible that other investors may have suffered similar losses in these types of high-commission, illiquid investments,” said D. Daxton White, managing partner of The White Law Group. “Brokerage firms have a duty to ensure that investment recommendations are suitable for their clients. When they fail in that duty, they can be held accountable through FINRA arbitration.”
If you invested in an Emerson Equity–recommended DST (including offerings by NB Private Capital / Versity / Crew Enterprises or Inspired Healthcare Capital DSTs) and suffered losses, you may be able to pursue a claim for recovery.
FINRA Arbitration Attorneys – The White Law Group
FINRA (the Financial Industry Regulatory Authority) provides an arbitration forum for investors to resolve disputes with broker-dealers. FINRA arbitration can often be a faster and more efficient way to recover investment losses than traditional litigation.
FINRA Arbitration vs. Class Action Lawsuits
- FINRA Arbitration: Typically better suited for individual investors with significant losses; allows for a more personalized resolution.
- Class Action Lawsuits: More common for small-dollar claims affecting large groups of investors; recovery is generally limited and spread among all plaintiffs.
About The White Law Group
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois, and Seattle, Washington. The firm has handled over 800 FINRA arbitration claims involving alternative investments such as private placements, REITs, and DSTs.
If you or someone you know has experienced investment losses with Emerson Equity or other brokerage firms that recommended high-risk DST investments, please contact The White Law Group for a free consultation at 888-637-5510.
FAQs About Emerson Equity DST Lawsuits
- What is the connection between NB Private Capital, Versity, and Crew Enterprises?
NB Private Capital rebranded as Versity and is now known as Crew Enterprises. All three names refer to the same sponsor of various DSTs, including student housing and multifamily real estate programs. Investors searching under any of these names may find that the issues are linked. - What DSTs did Emerson Equity recommend?
Emerson Equity has reportedly recommended DSTs from multiple sponsors, including NB Private Capital/Versity/Crew Enterprises and Inspired Healthcare Capital. These investments are often criticized for being illiquid, high-commission products that may not have been suitable for many retail investors. - Can I recover losses in Inspired Healthcare Capital DSTs recommended by Emerson Equity?
Yes. If your financial advisor recommended an Inspired Healthcare Capital DST that has since suspended distributions or lost value, you may be able to pursue a FINRA arbitration claim against the firm that sold it to you, including Emerson Equity. - Why are DSTs considered risky investments?
DSTs are generally illiquid, speculative real estate investments. They often pay high commissions to advisors, limit redemption opportunities, and can suspend distributions during financial stress. These risks can make them unsuitable for many investors, especially retirees. - How do I know if I have a claim against Emerson Equity?
If you invested in DSTs through Emerson Equity (including NB/Versity/Crew Enterprises or Inspired Healthcare Capital) and suffered losses, you may have a claim. A securities fraud attorney can review your investments and help you determine whether a FINRA arbitration case is appropriate.
