December 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Tamber Proctor of Proctor Investments and formerly of Securities America, Inc. (CRD #4316378). According to FINRA BrokerCheck, Tamber Proctor of Proctor Investments, and formerly of Securities America, is facing a pending customer dispute alleging $324,500 in damages due to inappropriate investments. The complaint allegedly relates to investments...
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December 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Alison Fleming a/k/a Patricia Alison Fleming of LPL Financial and formerly of Wadell & Reed (CRD# 1960175). According to FINRA BrokerCheck, Alison Fleming a/k/a Patricia Alison Fleming of LPL Financial, and formerly of Wadell & Reed, is facing a customer complaint seeking $500,000 in damages for allegedly...
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December 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Mark Roberts (CRD #2734867) of CreativeOne Securities and Affinity Asset Management. According to FINRA BrokerCheck, Mark Roberts of CreativeOne Securities, also doing business as Affinity Asset Management, is facing a pending $650,000 customer complaint alleging he recommended an unsuitable investment strategy involving indexed universal life insurance. Investors...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Peter Waldron (CRD# 4230510) of Wells Fargo Clearing Services. According to FINRA records, Peter Waldron of Wells Fargo Clearing Services is facing a pending customer complaint filed in November 2024 alleging unsuitable investment recommendations, with the customer seeking damages exceeding $1,000,000. Investors that suffered losses with broker...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Brandon Capps (CRD# 4990930) of Velocity Wealth Management and Park Avenue Securities. According to FINRA BrokerCheck, Brandon Capps of Park Avenue Securities, also reportedly doing business as Velocity Wealth Management, has been hit with a customer complaint alleging $750,000 in damages due to misrepresentations of the performance...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Sandberg (CRD# 1949867) of Ameriprise Financial Services and Aegis Capital Corp. According to FINRA BrokerCheck, broker Michael Sandberg has been terminated from Ameriprise Financial Services following allegations of his violation of company policies related to fiduciary relationships and providing inaccurate information to the firm. Investors that...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes continues investigating barred broker Christopher Kennedy (CRD# 4498061) of Western International Securities Inc. According to a December 2024 SEC litigation release, Christopher Kennedy, formerly of Western International Securities Inc., was charged with securities fraud and violations of Regulation Best Interest (Reg BI). The SEC alleged that Kennedy recommended a short-term,...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jonathan Upton (CRD# 4559794) of LPL Financial. According to FINRA BrokerCheck, Jonathan Upton, a Louisville-based LPL Financial advisor, is facing several pending customer complaints alleging $325,000 in collective investor damages in connection with investment recommendations that were unsuitable for the customers’ investment objectives and risk tolerance. One...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kabir Gangahar (CRD# 4280828) of Gemini Capital Partners and KMS Financial Services. According to FINRA BrokerCheck, Kabir Gangahar has been suspended from acting as a broker and investment advisor by the Securities Exchange Commission (“SEC”). Gangahar consented to sanctions of a 12-month suspension from associating with any...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Mark Kemp (CRD# 2057200) of McNally Financial Services. According to FINRA BrokerCheck, Mark Kemp is facing a $209,816 customer complaint alleging unsuitable recommendations involving DPP & LP Interests and structured products. Additionally, Kemp was recently suspended by the Texas Securities Commissioner for recommending high-risk reverse convertible notes...
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December 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kostas Tsamos a/k/a Gus Tsamos (CRD# 2782014) formerly of Spartan Capital Securities. According to FINRA BrokerCheck, Kostas Tsamos a/k/a Gus Tsamos has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with FINRA’s findings that he recommended a series of...
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Sean Mostero (CRD# 6447158) formerly of Cetera Advisors, Alessandra Capital Management, and LPL Financial. According to FINRA BrokerCheck, Sean Mostero has been barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with his failure to respond to FINRA’s requests for information....
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ceondre Colvin (CRD# 7329753) of NYLIFE Securities. According to FINRA BrokerCheck, broker Ceondre Colvin, formerly of NYLife Securities, is currently being investigated by the Financial Industry Regulatory Authority (“FINRA”) for alleged violations of FINRA Rules 8210 and 2010 for failing to provide information and documents requested by...
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating barred broker Akinfolarin Sessi (CRD# 6800169) of Edward Jones. According to FINRA BrokerCheck, broker Akinfolarin Sessi has been terminated from Edward Jones following allegations of his failure to provide complete information during a compliance investigation. Sessi was also permanently barred from acting as a broker by FINRA in...
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Mitchell Rock (CRD# 1451592) of Ameriprise Financial Services. According to FINRA BrokerCheck, Mitchell Rock of Ameriprise Financial Services is currently involved in a customer complaint alleging he engaged in a private securities transaction related to shares of Facebank. The investor is seeking to recover $2,000,000 in damages. ...
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Brian Pfeifler of Morgan Stanley (CRD# 2083301). According to FINRA BrokerCheck, broker Brian Pfeifler of Morgan Stanley is currently facing several pending customer complaints alleging unsuitable recommendations to invest in alternative investments. Investors that suffered losses with broker Brian Pfeifler are encouraged to contact attorney Lawrence L....
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker David Gunderson (CRD# 6191146) of US Freedom Capital Advisors, and formerly of Tobin & Company Securities. According to FINRA BrokerCheck, David Gunderson is involved in several customer complaints alleging over $5,000,000 in collective investor damages related to misleading statements in selling an unsuitable EB-5 private placement investment,...
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Christian De Berardinis (CRD# 4312327) of Morgan Stanley. According to FINRA BrokerCheck, Christian De Berardinis has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with FINRA’s findings that he participated in private offerings of securities that raised $2.45 million...
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December 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Greg McCloskey (CRD# 2820510) of Westpark Capital, Inc. According to FINRA BrokerCheck, broker Greg McCloskey is currently involved in several customer complaints alleging unsuitable recommendations to invest in GWG L Bonds and $449,000 in collective investor damages. McCloskey was permanently barred by FINRA in 2021 due to...
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November 25, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating barred broker Anthony Diaz (CRD# 4131948) of IBN Financial Services, following the law firm’s filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”) (Claim No. 24-02488), alleging investor damages of up to $500,000 due to unsuitable recommendations to invest in iCap private placements and Bakken...
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November 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker David Rhodes of Cetera Advisor Networks (CRD# 2620006). According to FINRA BrokerCheck, broker David Rhodes of Cetera Advisor Networks is facing a pending investor complaint alleging investor damages due to unsuitable recommendations to invest in a real estate security. Investors that suffered losses with broker David Rhodes...
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November 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Leigh Allen (CRD# 5711971) of LPL Financial. According to FINRA BrokerCheck, broker Leigh Allen is currently involved in a customer complaint alleging forgery and unauthorized sale related to a variable annuity investment. Investors that suffered losses with broker Leigh Allen are encouraged to contact attorney Lawrence L....
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November 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Christopher Delbert Martin a/k/a Chris Martin (CRD# 4179127) of Centaurus Financial. According to FINRA BrokerCheck, broker Chris Martin of Centaurus Financial is currently being investigated by the Financial Industry Regulatory Authority (“FINRA”) for alleged violations of FINRA Rules 3280 and 2010 for participating in private securities transactions...
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November 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Andrew Bellamah (CRD# 2171352) of BNB Wealth Management and Capitol Securities Management. According to FINRA BrokerCheck, broker Andrew Bellamah is currently involved in a customer complaint alleging $120,000 in damages related to a mutual fund investment. The complaint alleges that the adviser misled the customer regarding the...
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November 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Matthew Childs (CRD# 3110916) of Portsmouth Financial Services. According to FINRA BrokerCheck, Matthew Childs has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with FINRA’s findings that he recommended that retail customers purchase NT-ETPs without having a sufficient understanding...
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November 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kyle Lindner (CRD# 5421697) of State Farm VP Management Corp. According to FINRA BrokerCheck, broker Kyle Lindner is currently involved in a customer complaint alleging $142,000 in damages. The customer alleges that her Agent recommended she speak with another of his clients who was presenting an investment...
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November 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Rob Weis (CRD# 2421439) of &Partners and formerly of Wells Fargo Advisors Financial Network. According to FINRA BrokerCheck, broker Rob Weis has resigned from Wells Fargo Advisors Financial Network following allegations related to concerns involving the solicitation of a restricted security. Investors that suffered losses with broker...
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November 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Gary Arnold (CRD# 852859) of Investment Network, Inc. According to FINRA BrokerCheck, Gary Arnold has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with FINRA’s findings that he and his firm, Investment Network, Inc. failed to establish, maintain, and...
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November 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Bobb Meckenstock (CRD# 1152284) of Osaic Wealth and formerly of Independent Financial Group. According to FINRA BrokerCheck, broker Bobb Meckenstock is currently involved in a customer complaint alleging $154,000 in damages due to his failure to supervise another representative’s recommendation to invest in a private securities transaction...
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November 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Donald Wright (CRD# 5562960) of Retirement Specialty Group and formerly of Silver Oak Securities. According to FINRA BrokerCheck, broker Donald Wright is currently involved in a civil complaint initiated by the Securities and Exchange Commission (“SEC”) alleging that he offered, and sold over $2.4 million in fraudulent...
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