June 24, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Restagno (CRD# 5532695) of Aegis Capital and Dominari Securities, following the filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”), alleging $150,000 in investor damages due to investing the client’s funds in illiquid risky REITs. According to FINRA BrokerCheck, broker Michael Restagno was...
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June 24, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Suihock Goy (CRD# 2821380) of Ni Advisors after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,810,000 in collective investor damages due to unsuitable investment recommendations to invest in GWG L Bonds. According to FINRA BrokerCheck, broker Suihock Goy is currently registered...
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June 24, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Guy Clemente (CRD# 1222597) of Andrew Garrett Inc. and Aegis Capital, following the filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”), alleging $750,000 in investor damages due to Breach of Fiduciary Duty, Suitability, Fair Dealing, Excessive Trading, Failure to Supervise, and Breach of...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Skip Chatelain (CRD# 4192942) of Prospera Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in investor damages due to underperformance and excessive account fees. According to FINRA BrokerCheck, broker Skip Chatelain a/k/a Ned Anthony Chatelain Jr. is currently...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Craig Bonn (CRD# 2280460) of Laidlaw & Company and Harley Capital after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 in investor damages due to sales practice violations. The complaint allegedly relates to private placement investments. According to FINRA BrokerCheck, broker...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Chris Sivley (CRD# 3070468) of Pinnacle Financial Partners and Truist Investment Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging up to $500,000 in investor damages due to poor market and investment advice. According to FINRA BrokerCheck, broker Chris Sivley a/k/a...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Scott Sheehan (CRD# 2328614) of DFPG Investments after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $475,000 in investor damages due to unsuitable recommendations to invest in a real estate security. According to FINRA BrokerCheck, broker Scott Sheehan a/k/a William Scott Sheehan...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Nathan Adams (CRD# 5703267) of Allen & Advisors and LPL Financial, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he improperly emailed a spreadsheet containing the personal information of approximately 2,300 customers to a family member’s...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ira Bauman (CRD# 1079115) of Raymond James & Associates after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $220,000 in investor damages due to failure to follow the customer’s instructions to re-invest dividends from specified securities. According to FINRA BrokerCheck, broker Ira...
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Lillian Henderson (CRD# 5847473) of Edward Jones, Merrill Lynch, and LBH Wealth Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $600,000 in investor damages due to unsuitable recommendations and misrepresentation related to investments in the customer’s Edward Jones retirement account....
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June 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Mauro (CRD# 5910550) of J.P. Morgan Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,000,000 in investor damages and that the representative solicited the customer’s investment in an unapproved outside business activity. Although the complaint was denied by the...
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June 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ashley Woodard (CRD# 4703144) of West End Financial Strategies and Voya Financial Advisors, after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,499,998 in collective investor damages due to recommendations to invest in illiquid and unsuitable alternative investments, including risky and speculative...
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June 18, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor John Wolf (CRD# 1846080) of Cornerstone Financial Planning, following the law firm’s recent announcement that two investors have been awarded $613,825 in compensatory damages in a FINRA arbitration lawsuit, in connection with being recommended to invest in unsuitable, illiquid, and high-risk GWG L Bonds. According to...
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June 17, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Don Hancock (CRD# 828811) of Moloney Securities, following the law firm’s filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”), alleging up to $500,000 in investor damages, in connection with recommendations to invest in unsuitable, illiquid, and high-risk GWG L Bonds. According to FINRA...
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June 6, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael McFeeley (CRD# 5505995) of Lincoln Financial Advisors (now known as Osaic FA, Inc.) after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $860,000 in collective investor damages due to unsuitable recommendations to invest in oil & gas investments. According to FINRA...
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June 6, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Scott Wendelin (CRD# 1146303) of Wells Fargo Advisors and Wells Fargo Clearing Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $495,000 in investor damages due to recommendations to hold investments that were improper and unsuitable in a portfolio that underperformed,...
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June 6, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ron Itin (CRD# 2344151) of E1 Asset Management, after a customer complaint filed with the Financial Industry Regulatory Authority (“FINRA”) resulted in an arbitration award of $1,604,814 in compensatory damages. The complaint asserted the following causes of action: securities fraud (1934 Act and Rule 10b-5); common law...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker James Norris (CRD# 1054381) of Robert W. Baird & Co. Inc. after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $222,320 in investor damages due to failure to follow the customer’s instructions. According to FINRA BrokerCheck, broker James Norris is currently registered...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Connor Seedall (CRD# 64187323) of Arete Wealth Management after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $329,000 in investor damages due to unsuitable recommendations to invest in alternative investments. According to FINRA BrokerCheck, broker Connor Seedall was previously registered with Arete...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Sandro Olivos (CRD# 3228574) of Ocean Financial Services, J.P. Morgan Securities, and Wells Fargo Clearing Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in investor damages due to unsuitable recommendations to invest in NorthStar Financial Services and misrepresentation of...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Gerry McGinley (CRD# 1811084) of UBS Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 to $1,000,000 in investor damages due to unsuitability and misrepresentation, with respect to recommendations to invest in and hold an options overlay strategy. According...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Bruce Hartzmark (CRD# 1106323) of Oppenheimer & Co. after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 in investor damages due to losses in a private placement investment, negligence, breach of fiduciary duty, breach of contract, and violations of state securities...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Karen Schmidt (CRD# 5669963) of Northwestern Mutual Investment Services, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $400,000 in damages due to unsuitable recommendations to invest in non-variable life insurance policies and a fixed annuity. The customers further allege that Schmidt...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Tim McConnell (CRD# 1996005) of McConnell Wealth Partners, The AmeriFlex Group, and Equitable Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in investor damages due to unsuitable recommendations to replace two life insurance policies. According to FINRA BrokerCheck, broker...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Grant Carodine (CRD# 6691250) of Edward Jones, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $600,000 in investor damages due to unsuitable recommendations and misrepresentation related to investments in the customer’s Edward Jones retirement account. According to FINRA BrokerCheck, broker Grant...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor Cindy Ghattas a/k/a Cindy Phan Huynh (CRD# 5342109) of Creative Planning, LLC after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,000,000 in investor damages due to breach of fiduciary duty, negligence/gross negligence, negligent misrepresentation, intentional misrepresentations/omissions, breach of contract, violation...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kelly Johnston (CRD# 5001042) of Fidelity Brokerage Services after a complaint by an SEC-registered public company was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $25,000,000 in damages due to failure to disclose that fixed income mutual funds could lose principal and that its investments in...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Mitchell Pindus (CRD# 1268550) of Wells Fargo Advisors and Wells Fargo Clearing Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $200,000 in investor damages due to concentrated speculative investment recommendations without adequate disclosure of the risks of the recommendations. According...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Paul Snow (CRD# 2963153) of Raymond James Financial Services and NewEdge Advisors in connection with his resignation from Raymond James, following allegations that he engaged in conduct inconsistent with firm client standard of care policies. According to FINRA BrokerCheck, broker Paul Snow was registered with Raymond James...
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June 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Gregory Gibson (CRD# 1694647) of Dempsey Lord Smith after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $106,000 in investor damages due to unsuitable recommendations, negligence, misrepresentation and omissions of material facts, and breach of fiduciary duty. According to FINRA BrokerCheck, broker...
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