May 23, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Craig Rottman (CRD# 4647293) of Classic Asset Management and Classic, LLC after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $130,000 in investor damages due to negligence, gross negligence, breach of fiduciary duty, breach of contract, fraud, negligent misrepresentations, negligent supervision, and...
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May 23, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Bussa (CRD# 4418922) of Lincoln Financial Advisors after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $145,000 in collective investor damages due to unsuitable recommendations to invest in oil & gas investments and an overconcentration of an illiquid non-traded REIT investment....
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May 23, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Edward Prince (CRD# 4647442) of The Royal Route Company and Moloney Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $140,000 in investor damages due to unsuitable investment recommendations and negligence. According to FINRA BrokerCheck, broker Edward Prince is currently registered...
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May 23, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Josh Washington (CRD# 6609813) of E*Trade Securities and Morgan Stanley after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $115,070 in investor damages due to unauthorized use of margin to fund a wire transfer. The customer further alleges that his instructions to...
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May 23, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jason Mieras (CRD# 2850648) of American Portfolios Advisors and American Portfolios Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $114,000 in investor damages due to misrepresentation of two variable annuities purchased and poor recommendation/advice to liquidate one of such....
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May 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Alyce Weixler (CRD# 2559926) of Morgan Stanley after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $300,000 in damages due to misrepresentation with respect to the recommendation to sell certain securities. According to FINRA BrokerCheck, broker Alyce Weixler is currently registered with...
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May 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker William Collins (CRD# 2787822) of Horizon Advisers and Cetera Advisor Networks, after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging investor damages due to unauthorized and excessive trading. Three of the four customer complaints filed against Collins were settled in favor of...
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May 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Patrick Louise (CRD# 5810428) of Fraser Wealth Management and LPL Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $2,000,000 in investor damages due to unsuitable recommendations to invest in variable annuities. According to FINRA BrokerCheck, broker Patrick Louise is currently...
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May 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jonathan Bourgeois (CRD# 5757664) of Wells Fargo Advisors and Wells Fargo Clearing Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $4,159,826 in investor damages due to excessive trading and churning. According to FINRA BrokerCheck, broker Jonathan Bourgeois is currently registered...
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May 21, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Rich Pascale a/k/a Richard A. Pascale (CRD# 3221955) of Lifemark Securities Corp. after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $340,000 in investor damages due to unsuitable recommendations to invest in an alternative investment. The customer complaint further alleges that the...
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May 15, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Bryon Martinsen (CRD# 1621649) of Centaurus Financial after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $8,481,855 in collective investor damages due to unsuitable recommendations to invest in various illiquid alternative investments, including high-risk, illiquid, non-traded REITs. According to FINRA BrokerCheck, broker...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Thomas Brenner (CRD# 1489233) of First American Securities and Crown Investment Services, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) and the Securities and Exchange Commission (“SEC”), following his refusal to appear for FINRA requested on-the-record testimony regarding...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker B. David Goldstein (CRD# 1718066) of WealthPlan Partners, Securities America, Inc., and Western International Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $230,000 in investor damages due to misrepresentation related to recommendations to invest in GWG L Bonds. According to...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Randy Cox (CRD# 2544998) of Osaic Wealth, Inc. (formerly, FSC Securities) 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 an alternative investment. According to FINRA BrokerCheck, broker Randy Cox is...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Joshua Cox (CRD# 6137037) of Everest Wealth Advisors and LPL Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $80,000 in investor damages due to unsuitable recommendations to invest in options. According to FINRA BrokerCheck, broker Joshua Cox is currently registered...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Gravelyn (CRD# 6569005) of Northwestern Mutual Investment Services, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to provide information and documents requested by FINRA in connection with its investigation into the circumstances giving rise...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Leonardo Hernandez (CRD# 4807141) of Citigroup Global Markets and LPL Financial, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to comply with an arbitration award or settlement agreement, and to satisfactorily respond to FINRA’s request to...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Marcheso (CRD# 869337) of Centaurus Financial after several customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging over $80,000 in collective investor damages due to unsuitable recommendations to invest in various illiquid alternative investments. According to FINRA BrokerCheck, broker John Marcheso is currently...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Seth Horowitz (CRD# 2557141) of J.P. Morgan Securities, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to comply with an arbitration award or settlement agreement, and to satisfactorily respond to FINRA’s request to provide information concerning...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jeffrey Karp (CRD# 2466542) of Karp Financial Strategies and LPL Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $150,000 in investor damages due to unsuitable recommendations to invest in a real estate security that was not suited to the customer’s...
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May 14, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Russell Andersen (CRD# 2288717) of Northern Trust Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $5,000,000 in investor damages due to the customer’s request to liquidate his portfolio and lock in profits being declined when his portfolio had reached approximately...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Tony Maransky a/k/a Anthony George Makransky (CRD# 2103362) of Ameriprise Financial Services and LPL Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 in investor damages due to unsuitable recommendations to invest in a variable annuity and misrepresentations of the...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Andy Egber a/k/a Andrew Joseph Egber (CRD# 1894585) of Steward Partners Global Advisory, Raymond James Financial Services, and Wells Fargo Clearing Services, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to provide information and documents...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker James MacKeller (CRD# 803007) of Mackellar & Associates and SagePoint Financial (now known as Osaic Wealth), who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to provide information or documents requested by FINRA in connection with...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Bill Munn a/k/a William Corbin Munn (CRD# 2250062) of Ameriprise Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $200,000 in investor damages due to unsuitable recommendations to invest in RiverSource Retirement Advantage variable annuity contracts. Although the complaint was...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker William Hester (CRD# 1992112) of Calton & Associates and Dominion Portfolio Management, who has been hit with a regulatory complaint by the Texas State Securities Board, following allegations from a filed customer complaint. According to FINRA BrokerCheck, broker William Hester is currently registered with Calton & Associates...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jason Head (CRD# 4920135) of Morgan Stanley after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging that the customer did not authorize the activity related to her Liquidity Access Line. According to FINRA BrokerCheck, broker Jason Head was previously registered with Morgan...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Rob Masanotti a/k/a Robert John Masanotti (CRD# 5804805) of J.P. Morgan Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging investor damages due to misrepresentation regarding the liquidation and subsequent purchase of securities. Although the complaint was denied by the firm,...
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May 13, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kyle Kirkham (CRD# 5221648) of TD Ameritrade, Inc. and Charles Schwab & Co., Inc. after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $9,000,000 in investor damages due to unsuitable recommendations of using portfolio margin and changes to the client’s trading strategies....
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May 12, 2024 | Broker / Advisor Investigation
National investment fraud lawyers KlaymanToskes is investigating broker Vincent Camarda (CRD# 2463703) of A.G. Morgan Advisors, who was charged by the SEC for the fraudulent sale of more than $75 million in securities through an unregistered alternative investment offering known as Complete Business Solutions Group Inc. (doing business as Par Funding). According to FINRA BrokerCheck,...
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