A lawsuit accusing a Connecticut funding advisor of creating extreme and inappropriate trades for a retired couple has been withdrawn.
In a criticism filed in November, Terry and Nancy Chabot alleged that Samir Shehu, managing principal at Shehu Asset Administration, an RIA in Southbury, Connecticut, value the couple greater than $800,000 over 18 months by churning their holdings and investing in penny shares.
Terry Chabot died 9 days after the swimsuit was filed, Connecticut Superior Courtroom information point out. The couple’s lawyer withdrew the criticism July 26, in line with a courtroom submitting that didn’t provide a proof.
