Haselkorn & Thibaut has opened an independent investigation into recent investor complaints concerning Josiah David Lederman (CRD #6871359), a registered financial advisor in Ann Arbor, MI and Fort Wayne, IN, currently affiliated with Concorde Investment Services, LLC. As a national securities law firm with a 98% success rate and vast experience recovering millions for clients, Haselkorn & Thibaut provides guidance to investors potentially impacted by Lederman’s investment recommendations. If you have questions about your investment portfolio, a free, confidential consultation is available at 1-888-885-7162 — no recovery, no fee.
Who is Josiah David Lederman?
- Financial advisor, general securities representative, and investment adviser representative
- Current affiliations: Concorde Investment Services, LLC (since May 2019); Concorde Asset Management, LLC
- Prior affiliations: Concorde Investment Services, LLC (Nov 2017–Apr 2019), Concorde Asset Management, LLC (Mar 2018–Apr 2019)
- Other business affiliations: Lederman Insurance, Inc.; Concorde Insurance Agency; Lederman Financial Services
Relevant Credentials
- FINRA-registered (Series 7, Series 66, SIE exams met requirements for securities representation)
- Registered in Ann Arbor, Michigan and Fort Wayne, Indiana
Red Flags and Pending Customer Complaints
| Date | Event | Allegation Summary | Status | Amount Involved |
|---|---|---|---|---|
| Nov. 2025 | Pending FINRA Arbitration |
Customer alleges recommendation of unsuitable alternative investments in 2022, particularly involving direct investments and limited partnership (LP) interests. Claims include:
|
Open/Pending | $500,000–$1,000,000 (sought) |
What Are Alternative Investments?
Alternative investments cover a range of assets outside traditional stocks, bonds or cash. Common types include:
- Hedge funds
- Private capital
- Natural resources (oil, gas, energy)
- Real estate — especially REITs (Real Estate Investment Trusts)
- Infrastructure projects
Key risks of alternative investments often include:
- Less liquidity vs. public securities — harder or slower to sell
- Reduced regulatory oversight compared to stock market products
- Higher fees, sometimes complex fee structures
- Potential for higher risk and volatility
Review of Regulatory and Legal History
A comprehensive review involving several reputable databases yields the following findings as of December 2025:
- FINRA BrokerCheck: Shows an active pending customer complaint for suitability and due diligence concerns as described above. No prior customer disputes or regulatory actions are recorded, pending resolution of the current matter.
- SEC Database & State Securities Regulator Searches: Found no public enforcement actions, administrative orders, or state disciplinary proceedings individually naming Josiah Lederman in connection with securities sales.
- Federal and State Court Record Searches: No lawsuits, judgments, or class actions have been identified directly involving Lederman personally as of this review.
- Media and News Database Searches: No significant adverse coverage or investor alerts found beyond reference to the current pending arbitration.
What Should Investors Consider?
- Review your account statements and trade confirmations for alternative investments or complex products, especially those recommended or sold in 2022.
- Ask for written explanations from your advisor regarding why each investment was recommended, especially if you were not looking for high risk or illiquid products.
- Monitor for regulatory disclosures, customer disputes, or warnings about any of your advisors.
- Visit FINRA’s BrokerCheck for the most up-to-date regulatory history.
Steps If You Are Concerned or Have Suffered Losses
Haselkorn & Thibaut’s experienced attorneys are helping clients nationwide recover losses involving unsuitable, misrepresented, or poorly supervised alternative investment recommendations. Many inquiries relate to REITs and private funds, which are especially relevant in the current pending matter.
Here’s how you can proceed:
- Gather all investment documents and records (new account forms, statements, prospectuses, correspondence).
- Contact Haselkorn & Thibaut for a free, no-obligation consultation at 1-888-885-7162. You’ll speak directly with an attorney specializing in investor loss recovery.
- No attorney’s fee unless there is a recovery — there is no downside to seeking guidance.
- Cases are typically handled through FINRA arbitration, a process that can help resolve disputes outside of court with reduced time and legal expense.
Why Choose Haselkorn & Thibaut?
- 50+ years combined experience in securities fraud, misrepresentation, and negligence claims
- 98% national success rate
- Millions recovered for individual investors and retirees
- Personalized, responsive service — always on a no recovery, no fee basis
In Summary: If you invested with Josiah David Lederman in Ann Arbor, MI or Fort Wayne, IN, or through Concorde Investment Services, and you have experienced unexpected losses — or simply wish to have your account activity reviewed — now is the ideal time to have experienced advocates on your side. Current allegations of unsuitable recommendations and possible supervision gaps underscore the importance of a diligent review.
To schedule a complimentary, confidential consultation call with the experienced attorneys at Haselkorn & Thibaut, contact 1-888-885-7162 today. Your path to recovery may begin with a simple phone call. No recovery, no fee.
