Alberto Neira Investment Loss Recovery Options

December 10, 2012  |  Promissory Notes / Selling Away

Investors who have suffered losses investing in Silver Oak Leasing, Inc. upon the recommendation of Alberto Neira (CRD# 2658649) may be able to recover their investment losses through FINRA arbitration.

According to a recent Acceptance, Waiver, and Consent that Alberto Neira entered into with FINRA, Alberto Neira entered the securities industry as a registered representative in 1995 and worked at various registered firms before associating with Linsco Private Ledger (LPL Financial) in February 2002. Alberto Neira remained at LPL until his termination in January 2011.

Silver Oak is believed to have been incorporated in California in 2006 and claimed to be involved in providing automobile financing and leasing services. At some point in 2006, Alberto Neira is believed to have disclosed to his firm that he was a passive investor in Silver Oak. However, Alberto Neira is believed to have failed to disclose that he was also a director of Silver Oak, holding positions over time which included Secretary of the Board. By 2009, Alberto Neira was believed to have owned 55% of the common stock of Silver Oak. Silver Oak allegedly paid Alberto Neira $180,000 in compensation in 2009 and over $250,000 in 2010.

Beginning in 2006, Alberto Neira allegedly became engaged with an outside business activity at Silver Oak Leasing, Inc., a California corporation purportedly involved in providing automobile financing and leasing services. Between July 1, 2008, and January 18, 2011, Alberto Neira allegedly made recommendations that resulted in over $2 million in investments in Silver Oak to at least 14 LPL Financial customers. These investments are believed to have included stock and promissory notes. The customers understood that the invested funds were to raise money for the general use of Silver Oak’s business enterprise. The sales are believed to have been conducted privately and not through Alberto Neira’s employing firm. Alberto Neira allegedly failed to disclose these securities transactions to his firm. Most of Alberto Neira’s customers who invested funds in Silver Oak allegedly received promissory notes with maturity dates ranging from 11 months to 96 months. During the relevant period, Alberto Neira also allegedly recommended preferred stock in Silver Oak which was purchased by two customers.

If you have suffered losses investing with Alberto Neira in Silver Oak Leasing or in any other investment, please contact the firm today for a FREE, NO OBLIGATION CONSULTATION to discuss your recovery options.

  • Tags

Request a Free Consultation



We have recovered tens of millions for investors nationwide. Call us today to let us help you pursue recovery of your investment losses.

  • (860) 920-5181

    Call Today for a Free Consultation

  • Get Started in 15 Minutes

    Find Out Your Recovery Options

Contact Us Today for a Free Consultation

Contact Us Today

    Downtown Hartford Office

  • 100 Pearl Street, 14th Floor
    Hartford, CT 06103
  • (860) 920-5181

    Connecticut Office

  • 92 Hopmeadow Street, Suite 205
    Simsbury, CT 06089
  • (860) 920-5181

Contact Us 24 Hours a Day, 7 Days a Week

Nationwide Representation

Kons Law Firm represents investors nationwide in securities arbitration and litigation matters. That means we can help you regardless of where you live. We regularly represent investors in states like California, Texas, New York, Florida, Illinois, Wisconsin, Minnesota, Arizona, Nevada, Washington, Colorado, Massachusetts, New Jersey and Connecticut, and cities like Los Angeles, New York, Houston, Philadelphia, San Antonio, San Diego, Las Vegas, Dallas, Fort Worth, San Jose, San Francisco, Phoenix, Denver, Seattle, Boston, and Miami. Please contact our firm today to discuss how we may be able to help you, regardless of where you live.

Contingency Fee Lawyers

For most cases, Kons Law Firm offers a contingency fee representation. This means that the attorneys' fee that you pay is a percentage of the recovery before expenses. If there is no recovery, then you are not responsible for paying any attorneys' fees. Depending on the case, you may still be responsible for the expenses. Contingency fee representation helps align the interest of the lawyer and the client, and provides a financial incentive for the lawyer to try to get the best possible results for the client. To learn more about our contingency fee representation, contact our firm today for a FREE CONSULTATION.

This website is marked as “ADVERTISING MATERIAL” and as “ATTORNEY ADVERTISING”. The responsible attorney for this attorney advertisement is Joshua B. Kons, Esq. (Juris No. 434048), whose contact information can be found on the Contact Us link. Any information contained on this website is for informational purposes only and is not intended to be legal advice. Any investigation referenced on this website is independent in nature and is being conducted by the Firm privately. Any information or statements contained in this website are statements of opinion derived from a review of public records, and should not be viewed as not statements of fact. Each potential case is assessed on a case-by-case basis, and there is no guarantee that the Firm will propose representation. Copyright © 2012-2023. All Rights Reserved. *In contingency fee representation, clients may still be responsible for costs. Prior results do not guarantee a similar outcome.