Haselkorn & Thibaut Announces Investigation into Scott Howard Blackman – Dallas, Texas Financial Advisor (Emerson Equity LLC)
If you are an investor seeking information about Scott Howard Blackman (Scott Blackman), CRD #4684484, formerly affiliated with Emerson Equity LLC in Dallas, Texas, this detailed research report is for you. Haselkorn & Thibaut – a national securities law firm with over 50 years of experience, a 98% success rate, and millions recovered for investors – has initiated an investigation into complaints and allegations involving this advisor. If you suffered losses while working with Scott Blackman, understand your rights and options for potential recovery by reading on and considering a free confidential consultation at 1-888-994-8066. There is no charge unless you recover losses.
Advisor Profile at a Glance
| Advisor Name | Scott Howard Blackman (Scott Blackman) |
|---|---|
| CRD Number | 4684484 |
| Primary Location | Dallas, Texas |
| Current Broker-Dealer | Not currently registered |
| Most Recent Firm | Emerson Equity LLC |
| Other Affiliations | Innovation Capital Solutions, GWG Holdings, The Beneficient Company |
| Prior Firms | Arque Capital Ltd., Wells Investment Securities |
Why Is There an Investigation into Scott Blackman?
Recently, investors and regulators have raised concern about losses tied to alternative investment products—including those linked to GWG Holdings—distributed by certain broker-dealers, including Emerson Equity LLC. Scott Blackman was an advisor and wholesaler for products issued by GWG Holdings and has been the subject of customer disputes focused on these products.
Key Red Flags and Customer Complaints: A Timeline
Several specific customer complaints and legal actions involving Scott Blackman have been documented, primarily related to his time at Emerson Equity:
- June 2022: A customer filed a FINRA arbitration alleging violations of state consumer protection and securities statutes—specifically, the Securities Act of Arizona, Arizona Consumer Fraud Act, and the Colorado Consumer Protection Act—along with claims of common law fraud and negligence. This matter was settled in October 2023 for $52,775.
- November 2024 (Pending): A separate customer dispute was filed through FINRA, asserting fraudulent business practices, violations of state and federal securities laws, and gross negligence related to investment product recommendations. The client seeks $60,000 in damages and the case remains unresolved as of this update.
Summary Table of Key Complaints:
| Date | Nature of Complaint | Status | Amount |
|---|---|---|---|
| June 2022 | Violations of state and federal securities & consumer laws; fraud, negligence | Settled Oct 2023 | $52,775 |
| Nov 2024 | Fraudulent practices, violations of multiple securities statutes, gross negligence | Pending | $60,000 |
What Were the Main Allegations?
Clients of Scott Blackman—according to publicly reported disputes—have raised the following concerns:
- Unsuitable Investment Recommendations: Allegedly recommending products not aligned with client needs or risk profiles, including those issued by GWG Holdings.
- Violations of State and Federal Securities Laws: Including both Arizona and Colorado statutes.
- Common Law Fraud and Negligence: Claims that clients were misled or not provided sufficient disclosure on risks.
- Fraudulent Business Practices and Unlawful Conduct: Alleging practices that run contrary to regulatory requirements and consumer protections.
- Consumer Protection Act Violations: Allegations that actions breached protections formally in place for investors.
Regulatory Background and What BrokerCheck Says
A review of the FINRA BrokerCheck public profile for Scott Blackman (CRD #4684484) presents no regulatory sanctions, fines, or disciplinary actions. However, it is important to know that not all customer complaints or arbitration matters result in regulatory actions, and disclosures can sometimes update after a significant delay.
Important Note: You should periodically monitor BrokerCheck, as new disclosures and updates can appear over time.
What GWG Bond Investors Should Know
Brokerages, including Emerson Equity LLC, have come under scrutiny for their role in promoting GWG L Bonds and similar high-risk alternative investment products. Several broker-dealers have faced financial strain or regulatory action related to these sales practices. If you purchased GWG Holdings products on Scott Blackman’s recommendation, you may be eligible to recover investment losses through a FINRA arbitration claim.
Your Options: How to Recover Losses
If you experienced financial losses working with Scott Blackman or through investments in GWG Holdings, Haselkorn & Thibaut stands ready to assist:
- No recovery, no fee representation – you pay nothing unless we recover money for you.
- Over 98% success rate recovering funds for wronged investors.
- Experienced attorneys with more than 50 years handling securities arbitration and investment fraud cases nationwide.
Request a Free Consultation Today
If you believe your investments were mishandled, or if you’ve suffered losses connected to Scott Blackman, don’t wait. To understand your options and preserve your rights, call Haselkorn & Thibaut’s national investor hotline at 1-888-994-8066 for a no-cost, confidential consultation. Remember: there is no charge unless you recover money.
Final Thoughts
Investment disputes can be complex and stressful. The most important first step is to seek guidance from an experienced professional. Haselkorn & Thibaut combines national resources with personalized attention to help investors explore all available recovery options.
If you have questions about your account, the GWG Holdings bonds, or the conduct of your financial advisor, we are here to help. Call us today at 1-888-994-8066 to get started.
