August 12, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Hemant Kathuria (CRD# 5380092) of A.G.P. / Alliance Global Partners after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging up to $200,000 in investor damages due to failure to disclose fees and risks associated with an alternative investment. The complaint allegedly relates...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jamie Nowakowski (CRD# 4472043) of Coastal Equities and Equitable Advisors after two customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging unsuitable recommendations to invest in alternative investments. According to FINRA BrokerCheck, broker Jamie Nowakowski a/k/a Jamie Theresa Nowakowski was previously registered with Coastal...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Robert Jones (CRD# 4469629) of Edward Jones after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $300,000 in damages due to failing to follow instructions in 2020 to remove POA from account. The customer also makes allegations concerning investments in an account...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Norman Meyer (CRD# 3185642) of Vestech Securities and Ni Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $650,000 in damages due to unsuitable investments in variable annuities and non-traded REITS. According to FINRA BrokerCheck, broker Norman Meyer is currently registered...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Traci Marchi (CRD# 3149504) of Morgan Stanley after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $370,464.35 in damages in connection with an outside business activity not involving the Firm. The customer further alleges common law fraud, elder abuse, breach of fiduciary...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Leonard Hirsh (CRD# 4216156) of Osaic Wealth, Inc. and Signature Estate Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $600,000 in investor damages due to option trading strategies (collar and call writing) that are alleged to have been inappropriate and...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Meniktas (CRD# 3186445) of UBS Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,036,306 in investor damages due to unsuitable recommendations to invest in a complex life insurance investment strategy, in a selling away scheme. According to FINRA...
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August 7, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Dean Meniktas (CRD# 2553748) of UBS Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,036,306 in investor damages due to unsuitable recommendations to invest in a complex life insurance investment strategy, in a selling away scheme. According to FINRA...
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August 5, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Matson (CRD# 1796541) of South Bay Acquisitions and LPL Financial, who is currently facing charges by the Securities and Exchange Commission (“SEC”) after he allegedly defrauded investors in a Ponzi scheme, by misappropriating investment funds and using them to pay returns to earlier investors, as well...
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August 5, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor Dale Self (CRD# 2782162) of J.P. Morgan Securities and Maia Wealth, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that, in anticipation of joining an investment advisory firm, he improperly removed and retained customer nonpublic personal...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Cain Kobert (CRD# 2673742) of LPL Financial and IHT Wealth Management after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging investor damages due to an investment recommendation which was unsuitable for the customer’s investment objectives and risk tolerance. According to FINRA BrokerCheck,...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Chris Stocks (CRD# 2600346) of Morgan Stanley and Prospera Financial Services, who is being investigated by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he failed to disclose outside business activities, failed to provide written notice prior to participating in a private securities transaction, and provided...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor Travis Salley (CRD# 6523971) of Empirikal Partners and Zero Day Capital Enterprises after he was terminated from Emprikal Partners due to allegations of an unapproved outside business activity. According to the SEC’s AdviserCheck, investment advisor Travis Salley was previously registered with Empirikal Partners from April 2020...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Sean McCabe (CRD# 5479643) of Network 1 Financial Securities, after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging investor damages. One of the complaints filed alleges negligence and failure to hedge or provide downside protection, while a second complaint alleges unsuitability, fraud,...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Geoff Wolterstorff (CRD# 2711805) of Lifemark Securities Corp., who is being investigated by the United States Securities and Exchange Commission (“SEC”) following allegations of violations of certain provisions of the federal securities laws. On May 1, 2023, broker Geoff Wolterstorff was hit with a Wells Notice from...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor Mark VanderHagen (CRD# 1634101) of Security Financial Services and Wealth Advisors Group after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $115,000 in investor damages due to misrepresentation of the liquidity of a private placement purchase (Hatteras Funds). According to the...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Brian Hinson (CRD# 2783737) of Savant Wealth Management, Lincoln Financial Advisors, LPL Financial, and Bridgeworth Wealth Management, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $200,000 in collective investor damages due to unsuitable recommendations to invest in an oil & gas...
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August 1, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jared Eakes (CRD# 6618313) of GraySail Advisors and Merrill Lynch, who is currently facing charges by the Securities and Exchange Commission (“SEC”) for allegedly defrauding clients of over $2.7 million, and charges by the Department of Justice (DOJ) for fraudulently obtaining approximately $4.8 million through the Paycheck...
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July 31, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Rob Eades (CRD# 2357818) of Capital Investment Group, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $82,000 in investor damages due to unsuitable recommendations to invest in GWG L Bonds. The complaint further alleges misrepresentation and omissions of material fact, breach...
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July 31, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Farzad Raufi (CRD# 6943330) of Merrill Lynch and Fidelity Brokerage Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $120,000 in investor damages due to misrepresentation and failure to follow instructions. According to FINRA BrokerCheck, broker Farzad Raufi was previously registered...
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July 31, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Neil Barney (CRD# 4265082) of Allstate Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $200,000 in investor damages due to that representative’s failure to inform the customer of the Net Unrealized Appreciation rule of the Internal Revenue Code in...
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July 31, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Matt Haverty (CRD# 4618183) of RBC Capital Markets after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $750,000 in investor damages due to overconcentration and unsuitability of international/emerging markets stock investments. According to FINRA BrokerCheck, broker Matt Haverty a/k/a Matthew C. Haverty...
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July 31, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Wiliam Hurckes (CRD# 2612833) of Ausdal Financial Partners after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $150,000 in investor damages due to Violation of Federal Securities Laws, Violation of IL Consumer Fraud and Deceptive Business Practices Act, Violation of IL Securities...
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July 31, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Brad Whalen (CRD# 2582276) of Green Vista Capital and Green Vista Asset Management after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $235,000 in investor damages due to violations of federal securities laws; violations of the New Jersey Uniform Securities Law; breach...
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July 30, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ed Murphy (CRD# 2658678) of Equity Services, Inc. and ESI Financial Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $50,000 in investor damages due to unsuitable investment recommendations and failure to execute. The complaint allegedly relates to investments in a...
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July 30, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Gianluca De Berardinis (CRD# 4893776) of Morgan Stanley, who has been barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he failed to respond to FINRA’s requests for information and failed to request termination of his suspension within three months...
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July 30, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Garrett Moretz (CRD# 4086791) of Moretz Wealth Management and LifeMark Securities Corp., following the filing of a complaint by the Securities Exchange Commission (“SEC”) alleging that Moretz misrepresented high-risk GWG L Bond investments to investors as “guaranteed” from at least September 2019 until about August 2020. According...
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July 30, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Andrew Gentiluomo (CRD# 4975462) of Equity Services, Inc. and ESI Financial Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $200,000 in investor damages due to Blue Sky, Breach of Fiduciary Duty, Constructive Fraud, and Common Law Conspiracy regarding investments in...
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July 30, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Alison Hamilton (CRD# 6398834) of Hamilton & Hamilton Wealth Management and Raymond James Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $251,901 in investor damages due to concerns over alleged mutual fund share classes in client’s account, missed breakpoints,...
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July 26, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Joseph Storzinger (CRD# 2554671) of IBN Financial Services, Traderfield Securities, and A.G. Morgan Financial Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $400,000 in investor damages due to violations of FINRA Rules 2010, 2020, 2111, and 3280; negligence; and, breach...
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