Securities Arbitration Lawyers BlogJ. Alden Associates Investors May Have Claims Involving Lasater Brothers and KeyCity Capital Real Estate Investments
Silver Law Group is investigating potential claims on behalf of investors who purchased KeyCity Capital and Lasater Capital private placements and other alternative investments through brokerage firm J. Alden Associates, Inc. and registered representatives Stephen Douglas Patterson Jr. and Nathan Daniel Goad. Investments include, but are not limited to:
- KeyCity Capital Fund I
- KX Wealth Fund I
- KCAP RE Fund II
- KCAP RE Fund III
- KCAP RE Fund XI
- KCAP RE Fund XII
- KCAP Meadows at Ferguson
- KCAP Dominik
- KCAP Holleman Oaks
- KCAP Villa Gardens
- KCAP Lending Fund IV
- KCAP Lending Fund XIII
- KCAP Hive Funding
- KCAP TX College Station 4
Tie And Shiloh Lasater, Lasater Capital, And Keycity Capital
Texas-based “financial influencers” Tie Glenn and Shiloh Boone Lasater raised hundreds of millions of dollars from investors through KeyCity Capital and Lasater Capital for various real estate ventures. The brothers and their companies subsequently defaulted on millions in loans that were not adequately disclosed to investors, resulting in multiple foreclosures.
On June 9, 2026, the Texas State Securities Board issued an Emergency Cease and Desist Order against the Lasaters and Lasater Capital, alleging materially misleading statements and omissions in the offer and sale of these securities, and in August 2026 the Lasaters settled with the TSSB and agreed to refund investors who had filed lawsuits and complaints.
Silver Law Group Investigating Potential Claims Against Brokerage Firm J. Alden
When a security is sold through a brokerage firm, FINRA Rules impose various obligations on the firm when making the recommendation including to conduct adequate and reasonable due diligence on the investment and to ensure the investment is suitable for the client given their age, investment objectives, risk tolerance etc.
Silver Law Group’s investigation has uncovered the following about J. Alden and the Lasater / KeyCity offerings:
- Alden broker Stephen Douglas Patterson Jr. reportedly served as “Director of Investor Success” at KeyCity Capital while simultaneously recommending KeyCity and Lasater Capital investments to his brokerage clients at J. Alden.
- Nathan Daniel Goad is the subject of five customer complaints filed since April 2025, all related to his recommendation of unnamed private placements and/or alternative investments believed to be KeyCity and/or Lasater Capital products. According to his BrokerCheck report, those matters have settled for amounts ranging from $27,000 to $694,050, with one complaint still pending.
Contact Silver Law Group For A Confidential, No-Cost Consultation
Silver Law Group has recovered millions of dollars for victims of broker and financial advisor misconduct. Managing partner Scott Silver is on the board of the Public Investor Advocate Bar Association (PIABA) and is the current co-chair of the Securities and Financial Fraud Group of the American Association of Justice (AAJ).
If you have questions about your Lasater Capital, KeyCity Capital, and/or J. Alden investments, contact Silver Law Group today at (800) 975-4345 to discuss how we can help. Most cases are handled on a contingency fee basis, meaning that you won’t owe us until we recover your money for you.