B.C. Ziegler – Erickson Retirement Community STAMPS Losses

The Securities Law Firm of Menzer & Hill, P.A. is investigating B.C. Ziegler and other Broker Dealers related to their sales practices of Erickson Retirement Community STAMPS (“STAMPS”).  The unsecured bonds or STAMPS were paying investors 11% annual returns for approximately the last 10 years.  Erickson Retirement Communities was formerly known as Senior Campus Living, LLC.  The STAMPS were subordinated unsecured debt.  Investments such as STAMPS contain substantial risks and are meant for individuals that can handle significant risks and losses.  Under FINRA rules and regulations, Broker Dealers such as B.C. Ziegler are required to inform their clients of these substantial risks or they may be held responsible for the losses through a FIRNA arbitration.