FINRA fined and suspended former Growth Capital Services, Inc. (San Francisco) broker Kenny Danny Mezher for selling nearly $180,000 in limited partnership interests in an unapproved private security known as the Crescent Ridge Volatility Fund (CRVF), while Mezher was also employed by the Crescent Ridge Capital Partners hedge fund.
The findings state that in 2017, shortly after he joined Growth Capital Services, Mezher (CRD #6340715) raised capital for Crescent Ridge by selling limited partnership interests in CRVF, totaling $179,500. According to FINRA, Mezher did not provide Growth Capital Services with written notice of these transactions, and did not receive the firm's approval to cell the CRVF product.
In February 2018, a customer alleged that Mezher conducted an unauthorized private securities transaction resulting in loss of investment, but opted to withdraw the claim shortly thereafter. According to FINRA's report, the investors involved were all family members or friends of Mezher.
If you have invested with Kenny Danny Mezher or with any broker or financial adviser who has sold you investments in private placements or securities, such as limited partnership interests in an unapproved hedge fund product like the Crescent Ridge Volatility Fund, and these unauthorized transactions and investments have proven harmful to your interests, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.