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§ Named party · No finding entered
Sanders Family Office
person
Full registry record
CLASS ACTION JX-SEC-LR-26571Opened AUG 21 2026Quick look

Sanders Family Office; Margaret Sanders; Francisco J. Herrera

Where this class action stands
Stage 5 of 7 · Filed
organizing · next rung: Resolved
§ Right of reply

No reply on file from Sanders Family Office on this matter.

Claims entered

No claim has been entered on this docket.

1 filed · 1 on the record. The chronology below carries every filing, docket event and outcome — open a row there for its source.

Open to posting — anyone may add to this file, subject to the review queue.

The chronology

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Docket event

Opened at stage filed

Entered on the record AUG 21 2026Occurred AUG 21 2026
On the record
Crime

No crime on the record yet.

Statutes

No statutes on the record yet.

Place
Texas

"District Court for the Western District of Texas, from August 2020 to March 2023, Sanders Family Office and Sanders, both directly and through a team of sales agents, solicited and raised approximately $40 million from about 600 investors for Wells Real Estate and earned transaction-based commissions of at least $2.97 million, even though they were not registered as broker-dealers or associated with a registered broker-dealer."

Status
Pleaded

"Fla.), and both have pled guilty."

Case 5:26-cv-03953

"Sanders Family Office, LLC, et al. , No. 5:26-cv-03953 (W.D."

Parties

No parties on the record yet.

Amounts
$100,000 Penalty

"Without admitting the allegations in the SEC’s complaint, Sanders Family Office and Sanders consented to the entry of a final judgment, subject to court approval, that would enjoin them from violating Sections 5(a) and 5(c) of the Securities Act of 1933 and Section 15(a)(1) of the Securities Exchange Act of 1934, order them to pay, jointly and severally, disgorgement of $2,977,099.53 with prejudgment interest of $506,228.74, and order Sanders to pay a civil penalty of $100,000."

$56,000,000 Fraud

"Fla. filed June 23, 2026) SEC Files Settled Actions Against Unregistered Sales Agents Who Helped Raise Millions in Alleged $56 Million South Florida Real Estate Ponzi Scheme On June 23, 2026, the Securities and Exchange Commission filed settled actions as to Sanders Family Office, LLC and its principal Margaret Sanders, and Francisco J."

$506,228.74 Penalty

"Without admitting the allegations in the SEC’s complaint, Sanders Family Office and Sanders consented to the entry of a final judgment, subject to court approval, that would enjoin them from violating Sections 5(a) and 5(c) of the Securities Act of 1933 and Section 15(a)(1) of the Securities Exchange Act of 1934, order them to pay, jointly and severally, disgorgement of $2,977,099.53 with prejudgment interest of $506,228.74, and order Sanders to pay a civil penalty of $100,000."