January 23, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Byron Treat (CRD# 1466393) of Great Nation Investment Corporation, 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 as requested by FINRA in connection with the regulator’s investigation regarding whether he...
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January 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker David Glienke (CRD# 5502866) of Western International Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in investor damages in connection with misrepresented investment recommendations. According to FINRA BrokerCheck, broker David Glienke, is currently registered with Western International Securities in...
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January 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Matthew Mierzycki (CRD# 6102769) of Edward Jones and Ameriprise Financial Services, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he exercised discretionary trading authority to effect over 500 trades in numerous customer accounts without first obtaining...
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January 22, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Tory Duggins (CRD# 4556340) of Spartan Capital Securities, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he recommended a series of excessive trades to eight customers, three of whom were seniors. According to FINRA’s findings, by...
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January 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Christiana Webb (CRD# 5116707) of Centaurus Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging that the customer’s accounts were not managed in her best interests. According to FINRA BrokerCheck, broker Christiana Webb is currently registered with Morgan Stanley in Peachtree...
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January 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Dipietro (CRD# 2811047) of Centaurus Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in investor damages in connection with misrepresented speculative, high-risk investments. According to FINRA BrokerCheck, broker Michael Dipietro was previously registered with Centaurus Financial from 2018...
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January 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jonna Keller (CRD# 1983864) of Sigma Financial Corp., Osaic Wealth, and Sagepoint Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $300,000 in investor damages in connection with misrepresentation and negligence. The customer further alleges that Sigma Financial’s supervision of their...
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January 19, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Marc Rankin (CRD# 5534121) of Woodmen Financial 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 as requested by FINRA in connection with the regulator’s investigation into allegations made on...
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January 17, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Eric Elek (CRD# 3062911) of Commonwealth Financial Network after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging unsuitable recommendations to invest in Alternative Investments, and that he churned mutual funds. According to FINRA BrokerCheck, broker Eric Elek, is currently registered with Commonwealth...
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January 17, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Cheryl Kitashima (CRD# 729389) of Centaurus Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $50,000 in investor damages in connection with unsuitable recommendations to invest in an illiquid, high-risk, and speculative investment, and breach of fiduciary duty. According to FINRA...
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January 17, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Charlie Hartley (CRD# 2658276) of B. Riley Wealth Management after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $2,600,000 in investor damages in connection with inappropriate risks purchasing unsuitable investments, overtrading options, and deviating from the customer’s investment plan. According to FINRA...
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January 17, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Petrone (CRD# 5634972) of Farmers Financial Solutions, 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 as requested by FINRA in connection with the regulator’s investigation into, among other issues,...
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January 17, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kathryn Hackney (CRD# 1548894) of LPL Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $150,000 in investor damages in connection with unsuitable recommendations to invest in Real Estate Investment Trusts (REITs). According to FINRA BrokerCheck, broker Kathryn Hackney, is currently...
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January 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Bill Godfrey (CRD# 2447660) of Thrivent Investment Management, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to appear for on-the-record testimony as requested by FINRA, in connection with the regulator’s investigation into his termination from...
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January 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Steve Stanford (CRD# 1686790) of Portsmouth Financial Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $368,803 in investor damages in connection with unsuitable investment recommendations and excessive annuity sales. According to FINRA BrokerCheck, broker Steve Stanford is currently registered with...
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January 4, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Richard Brown (CRD# 1595628) of Summit Brokerage Services and Cetera Advisor Networks, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $368,803 in investor damages in connection with unsuitable investment recommendations and excessive annuity sales. According to FINRA BrokerCheck, broker Richard Brown...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Eric Kubiak (CRD# 4637674) of Ameriprise Financial 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 as requested by FINRA in connection with the regulator’s investigation into his potential involvement...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Alan Dalewitz (CRD# 1437051) of Herbert J. Sims & Co. (“HJ Sims”), after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $150,000 in investor damages in connection with unsuitable recommendations to invest in private placement investments that were not in the best...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Leonard Rich (CRD# 375427) of Joseph Gunnar & Co., after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $114,500 in investor damages in connection with the customer’s Account Opening Forms being inputted with incorrect Investment Objectives and Risk Tolerances. The customer further...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jason La Vigne (CRD# 4499856) of Triad Advisors, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $203,000 in investor damages due to unsuitable recommendations to invest in Alternative Investments. The complaint allegedly relates to a real estate security investment. According to...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Keith Baron (CRD# 3231494) of Equity Services, Inc., who has been hit with a regulatory complaint by the Financial Industry Regulatory Authority (“FINRA”), in connection with the regulator’s investigation into a customer complaint alleging that he made material misrepresentations to the investors, who are a married senior...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Louis Goff (CRD# 4882759) of 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 as requested by FINRA in connection with the regulator’s investigation into review of...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Barry Schwartz (CRD# 1022377) of UBS Financial Services, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging unsuitability and overconcentration of certain investments that resulted in principal losses. The customers further allege misrepresentation with respect to the handling of their investment accounts. ...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Rick Leininger (CRD# 809473) of The Investment Center, Inc., who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he caused his member firm to make and preserve inaccurate books and records by mismarking order tickets as unsolicited...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Sid Bindra (CRD# 6147537) of Truist Investment Services, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging investment recommendations in structured products were misrepresented regarding the term and rate of return. According to FINRA BrokerCheck, broker Kultar Singh Bindra a/k/a Sid Bindra...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Patti Beckwith (CRD# 1317644) of Raymond James, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $200,000 in investor damages due to unsuitable investment recommendations. According to FINRA BrokerCheck, broker Patricia Boulanger Beckwith a/k/a Patti Beckwith is currently registered with Raymond James...
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January 3, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Frederick Arbusto (CRD# 4357069) of LPL Financial, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $800,000 in investor damages due to unsuitable transactions executed on the customer’s behalf which were contrary to the customer’s instruction. According to FINRA BrokerCheck, broker Frederick...
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January 2, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker James Shenk (CRD# 2876098) of Coastal Equities, Inc., after two customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $683,000 in collective damages due to unsuitable recommendations to invest in Alternative Investments. The most recent complaint filed against Shenk alleges $433,000 in damages due...
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January 2, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Robert Anderson (CRD# 2355813) of Raymond James Financial Services, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $956,794 in damages due to unsuitable investment recommendations. The customer, as current trustee for a former trust client, alleges that the former trustee did...
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January 2, 2024 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Aaron Davis (CRD# 4746025) of Edward Jones, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $4,773,917 in investor damages due to a conflict of interest between the financial advisor and the client and failure to disclose the conflict of interest. The...
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