Clayton Morris / Morris Invest / Oceanpointe Investments lawsuit

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Clayton Morris / Morris Invest / Oceanpointe Investments lawsuit

Brian Freeman
Corona, CA 路 Member since 2016 路 48 posts 路 100 votes

I am preparing to file a lawsuit in California against Clayton Morris, Morris Invest, and Oceanpointe Investments for breach of contract, fraud, negligence, and more.  I was wondering if any others are pending, especially class actions?  I need to speak to other lawyers or individuals who have started the process and have made successful service of process of the summons and complaint.

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Joel Wilmoth
Property Management 路 Indianapolis, IN 路 Member since 2015 路 111 posts 路 94 votes
7y

Hey @Brian Freeman- this wont surprise you but Clayton and Natali have left the building.   Moved to Portugal.  Funny...she blames political polarity in this country for the bitterness toward a former Fox an Friends anchor. 

https://www.indystar.com/story/news/2019/07/12/ex-fox-friends-host-clayton-morris-leaves-country-for-portugal-amid-fraud-allegations/1705521001/?utm_source=indystar-Your%20Week%20with%20IndyStar&utm_medium=email&utm_campaign=narrative&utm_term=article_body

So cross Morris off the lawsuit list everybody in BP land!

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  • Shiloh LundahlPro Member
    Rental Property Investor 路 Gilbert, AZ 路 Member since 2016 路 3k+ posts 路 4k+ votes
    8y

    @Brian Freeman I believe that @Jay Hinrichs knows of some people who are in the same boat who are getting together to do what you are suggesting.

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    1Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
    8y
    Originally posted by @Shiloh Lundahl:

    @Brian Freeman I believe that @Jay Hinrichs knows of some people who are in the same boat who are getting together to do what you are suggesting.

     I am on a plane right now. Brian hit me off line one of my Indy attorney s has filed suit.  I heard through grape 馃崌 vine he was in France 馃嚝馃嚪 for the summer. 

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    1Reply
  • Ben Lacher
    Indianapolis, IN 路 Member since 2017 路 34 posts 路 8 votes
    8y

    I have a lawyer here in Indy who is already dealing with lawsuits against oceanpointe. If anyone would like his contact info shoot me a pm.

    0Reply
  • Steve Coburn
    Riverside, CA 路 Member since 2017 路 4 posts 路 0 votes
    8y

    I bought a house in Jacksonville, Fl form Clayton/ Oceanpointe and there are way too many issues with the house. I had to find a new PM to take over the rental part of the property and now I'm finding that almost all of the invoiced repairs were not done. Can anyone suggest an attorney in Jacksonville, Fl?

    0Reply
  • Jack Bobeck
    Rental Property Investor 路 Jacksonville, FL 路 Member since 2008 路 784 posts 路 528 votes
    8y

    @Steve Coburn I'd recommend the top real estate attorney I know in Jacksonville, Mike Barker. Best one I know to go protect your real estate interests. 

    0Reply
  • Wayne Brooks
    Real Estate Professional 路 West Palm Beach, FL 路 Member since 2012 路 23k+ posts 路 13k+ votes
    8y

    Probably not the best use of your time and money......actually probably a total waste.  A few years from now when any judgments are won.....there won鈥檛 be any money left in Morris to collect...I鈥檓 guessing there鈥檚 none now.

    1Reply
  • Brian Freeman
    OP
    Corona, CA 路 Member since 2016 路 48 posts 路 100 votes
    8y

    He still has plenty of assets from his ill gotten gains. Enforce your judgment while you can. 

    1Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
    8y
    Originally posted by @Wayne Brooks:

    Probably not the best use of your time and money......actually probably a total waste.  A few years from now when any judgments are won.....there won鈥檛 be any money left in Morris to collect...I鈥檓 guessing there鈥檚 none now.

     Wayne this is a strange case.. he is still selling turn key in Detroit for instance.. so we have to assume he is still making money monthly or weekly as deals close.. and for sure he made millions on the backs of the Indy and Jacksonville investors..

    But generally speaking i agree with you.. I have to think though that with so many coming for him he has lawyered up. and maybe is working on settlement deals with each person so he can keep operating.. 

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  • Mike D'ArrigoPro Member
    Turn key provider 路 San Jose, CA 路 Member since 2010 路 4k+ posts 路 3k+ votes
    8y

    I've been in the Indianapolis market going on 10 years and have seen some bad characters over the years, but none compare to the MI mess. I don't understand how they lasted as long as they have. Most are gone in a couple of years at most. My heart breaks for those that got duped by these guys and I know many of them. I hope anyone who has been financially harmed by them can get some satisfaction, but as @Wayne Brooks has said, there are so many people lined up, there may not be any money left to satisfy any judgments.

    1Reply
  • Ben G.Pro Member
    Investor 路 Indianapolis, IN 路 Member since 2013 路 647 posts 路 196 votes
    8y

    We were being contacted weekly by investors who have been duped by MI or Oceanpointe requesting a cash offer for our company.  Unfortunately, we couldn't get anywhere close to an offer they needed to be made whole.  I genuinely feel bad for these investors.  

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    1Reply
  • Jeff Schechter
    Developer 路 Nashville, TN 路 Member since 2016 路 484 posts 路 406 votes
    7y

    Oceanpointe has re-invented itself as Freeportinvest.com. Operating out of the same two markets: Jacksonville and Indianapolis. 

    2Reply
  • Dustin Beam
    Kansas City, MO 路 Member since 2015 路 609 posts 路 321 votes
    7y
    Originally posted by @Jeff Schechter:

    Oceanpointe has re-invented itself as Freeportinvest.com. Operating out of the same two markets: Jacksonville and Indianapolis. 

    You're probably right, but hope you're wrong. 

    0Reply
  • Tony Figurelli
    Investor 路 Jacksonville, FL 路 Member since 2015 路 94 posts 路 32 votes
    7y

    @Jeff Schechter is correct.

    I found at least one property owned by Oceanpoint Holdings on that website. And Indy Jax Properties is sharing the same address as Oceanpoint in Indianopolis.

    0Reply
  • Jeff Schechter
    Developer 路 Nashville, TN 路 Member since 2016 路 484 posts 路 406 votes
    7y

    The registered name is Sandra Whalen.. That is Bert's mother.

    1Reply
  • David Goddard
    Member since 2019 路 13 posts 路 4 votes
    7y

    Well, goodness.

    Hi everyone. I'm new to BP and this is my first time visiting the forums. My very first post seems to be landing right here. My wife and I are new to the investing world and we plan on acquiring our first asset this year. That first property was going to be through Morris Invest, but after reading some of these reviews/comments, I seem to be having a moment of pause.

    Everyone's path to financial freedom starts somewhere under various circumstances. After watching dozens and dozens of videos and listening to an equal amount of podcasts, it seemed doable to step foot into the world of real estate investing with someone who could make that first transition fairly headache-free.

    I guess not!

    I'm so sorry to read about what many investors have gone through with them and I truly hope there can be appropriate restitution with the pending legal pursuits.

    Regardless, I'm glad to have discovered BP and look forward to the connections I hope to make here! 

    1Reply
  • Parker G.
    Rental Property Investor 路 Providence, RI 路 Member since 2018 路 6 posts 路 3 votes
    7y

    Lawsuit vs. Morris Invest, by 21 investors alleging fraud, deception, and negligence.

    https://bit.ly/2TsEYL4

    0Reply
  • Steve Walczak
    Investor 路 Maspeth, NY 路 Member since 2016 路 26 posts 路 9 votes
    7y

    @Parker G.

    Hello Parker, 
    Thank you for your post!

    0Reply
  • Alexander Failano
    Member since 2019 路 3 posts 路 0 votes
    7y

    Hello Brian. Have you already filed a lawsuit against Clayton Morris and Morris Invest? I'm also in CA and I was an unfortunate victim of the Morris Invest ponzi scheme.

    0Reply
  • Alexander Failano
    Member since 2019 路 3 posts 路 0 votes
    7y

    Hi Brian. I was another victim and my experience was very similar to your's. The only difference is that I'm just a novice real estate investor that was drawn to the numbers and not the value of the homes being sold to me. I had to file a complaint to the Indiana Attorney General. I also contacted Riley Williams & Pitt, the attorneys that filed a lawsuit against Clayton Morris/Morris Invest/Oceanpointe on Jan 4, 2019. A very hard lesson that unfortunately, I had to learn. I'm in San Diego. Wish I read deeper on BP about Morris Invest.

    0Reply
  • Brian Freeman
    OP
    Corona, CA 路 Member since 2016 路 48 posts 路 100 votes
    7y

    That's me quoted in the story:

    https://www.nytimes.com/2019/03/25/business/fox-news-clayton-morris-indianapolis.html

    I am furious that Clayton is playing the victim card. I am even more perplexed why the story writer would plug his new business at the end!

    1Reply
  • Brian Freeman
    OP
    Corona, CA 路 Member since 2016 路 48 posts 路 100 votes
    7y

    More news - and a better story:

    https://www.indystar.com/story/news/2019/03/26/fox-and-friends-clayton-morris-investment-real-estate-scheme/3128857002/

    2Reply
  • David Goddard
    Member since 2019 路 13 posts 路 4 votes
    7y

    Thanks for posting that news article, Brian.

    0Reply
  • Matthew Jonovich
    Real Estate Investor 路 Phoenix, AZ 路 Member since 2016 路 12 posts 路 3 votes
    7y

    Hello @Brian Freeman , Please reach out to @Colin Zuh. There are several lawsuits going on to my knowledge and important information you should know about. If you have any questions send me a DM or reach out to Colin. 

    0Reply
  • Brian Ford
    Member since 2018 路 1 post 路 0 votes
    7y

    @Brian Freeman I just spoke with an associate at Riley, Williams, & Piatt (James Piatt) in Indiana.  They have a group complaint already filed.  I have another investor down here in FL that would like to join a group as well.  This Indy firm may be able to provide context to the complaint (https://bit.ly/2TsEYL4) and perhaps give us some guidance as to who we need to file with on a larger, national scale.  

    0Reply
  • Brian Freeman
    OP
    Corona, CA 路 Member since 2016 路 48 posts 路 100 votes
    7y

    @Brian Ford I contacted Mr. Piatt's firm to see if I could be a named Plaintiff. They are currently not taking on any more new named Plaintiffs in their suit. I have the amended complaint downloaded from PACER/ECF.

    0Reply
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