NOTICE TO ALL SANDLAPPER SECURITIES, LLC CLIENTS WHO PURCHASED SALTWATER DISPOSAL WELLS: The Securities Arbitration Law Firm of Klayman & Toskes, P.A. Commences Investigation on the heels of FINRA Complaint

By October 6, 2017 Blog No Comments

Boca Raton, Florida (GLOBE NEWSWIRE) – October 4, 2017 – The Securities Arbitration Law Firm of Klayman & Toskes, P.A.,, has commenced an investigation into Financial Industry Regulatory Authority (FINRA) sales practice violations by Sandlapper Securities, LLC (“Sandlapper”). FINRA alleges Sandlapper sold saltwater disposal wells to investors with excessive, undisclosed markups, through an owned and controlled middleman.

On September 29, 2017 FINRA filed a complaint (Disciplinary Proceeding # 2014041860801) against Sandlapper (CRD # 137906), Trevor Lee Gordon (CRD # 2195122), and Jack Charles Bixler (CRD # 22331), alleging that Gordon and Bixler, “extracted ill-gotten profits for themselves through their control of the fund.” Gordon and Bixler sold interests in the fund through Sandlapper, and made all investment decisions, specifically which wells to acquire and what prices to pay. The Complaint alleges that the fraudulent markups totaled over $8 million.

The sole purpose of this release is to investigate whether Sandlapper sold interests in saltwater disposal wells which may have resulted in unsuitable recommendationsbreach of fiduciary dutymisrepresentations and omissions of material facts and a failure to supervise. Current and former clients who have information about the sales practices of Sandlapper are encouraged to contact Lawrence L. Klayman, Esq. of Klayman & Toskes, P.A.  at (888) 997-9956, or visit our website at


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