(December 12, 2024, San Diego, California)
STANDARD HOLDINGS, INC., and DENNIS EDWARD BUTLER
The law firm of Richard A. Nervig, P.C. is investigating and offering free initial consultations to investors who may have purchased securities or otherwise did business with either Standard Holdings, Inc. and any of its affiliated entities or former securities broker, Dennis Edward Butler.
According to a complaint filed by the Securities and Exchange Commission on December 10, 2024, in the U.S. District Court for the Central District of California, Los Angeles-based Frederick Tayton Dencer, Luke Abelard Dencer, and their Los Angeles based companies, Standard Holdings, Inc. and Standard Huaxia, Ltd., defrauded investors out of millions of dollars, which the Dencers misused and misappropriated to fund their lavish lifestyles. The SEC complaint also names as a Defendant, Dennis Edward Butler, of Westwood, New Jersey, for acting as an unregistered broker in connection with the scheme. https://www.sec.gov/files/litigation/complaints/2024/comp26192.pdf
According to FINRA Broker Check registration records, Butler was formerly associated with PHX Financial, Inc. https://files.brokercheck.finra.org/individual/individual_4491587.pdf
If you are an investor who did business and lost money with either Standard and/or Butler please contact our office for a free consultation.