November 30, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Joanne Farace (CRD# 4837013) of David Lerner Associates after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in damages due to unsuitable and misrepresented recommendations to invest in mutual funds. According to FINRA BrokerCheck, broker Joanne Farace is currently registered with...
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November 30, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Keith Curtis (CRD# 4798755) of Aegis Capital Corp., who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide on-the-record-testimony as requested by FINRA, in connection with the regulator’s investigation into his potential conversion of funds....
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November 30, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Robert Golding (CRD# 5324763) of Pruco Securities, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide information and documents as requested by FINRA, in connection with the regulator’s investigation into the circumstances giving rise...
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November 30, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Robert Silvestri (CRD# 2037669) of Level Four Financial and Aegis Capital Corp., who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide information and documents as requested by FINRA, in connection with the regulator’s investigation...
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November 30, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Mark Tevebaugh (CRD# 1567001) of Next Financial Group after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 in damages due to unsuitable recommendations to invest in a fixed annuity investment. According to FINRA BrokerCheck, broker Mark Tevebaugh was previously registered with...
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November 29, 2023 | Broker / Advisor Investigation
National investment fraud lawyers KlaymanToskes is investigating broker Christopher Kennedy (CRD# 4498061) of Western International Securities, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that he churned and excessively traded the accounts of six customers as a registered representative of Western International Securities. FINRA...
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November 29, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Phillip Batchelder (CRD# 1862856) of Pruco Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), which alleged $52,471 in damages due to unsuitable investment recommendations. The customer further alleged that the investment was misrepresented and that funds were transferred from another account...
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November 29, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jermaine Benjamin (CRD# 6152653) of Pruco Securities and Raymond James, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide information and documents as requested by FINRA, in connection with the regulator’s investigation into the...
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November 29, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Aguilera (CRD# 2066720) of Sagepoint Financial and Osaic Wealth following the filing of a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $240,000 in investor damages due to unsuitable purchase and sale recommendations related to Mutual Fund, Common & Preferred Stock, CD,...
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November 29, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ian Geeves (CRD# 5328479) of LPL Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $400,000 in damages due to misappropriated funds. According to FINRA BrokerCheck, broker Ian Geeves was previously registered as a broker with LPL Financial from 2017 to...
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November 29, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Brian Dumont (CRD# 4737802) of Dumont Wealth and Cambridge Investment Research, 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 real estate security. According to FINRA BrokerCheck, Brian Stephen Dumont...
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November 29, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Brad May (CRD# 5162373) of Commonwealth Financial Network after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $395,000 in damages due to investment recommendations that were unsuitable for the customer’s investment profile and risk tolerance. The complaint allegedly relates to variable annuity...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Steven Graham (CRD# 1977736) of Western International Securities, following the filing of a customer complaint alleging $100,000 in investor damages due to misrepresentation and negligence. Steven Graham is also currently facing a civil complaint initiated by the Securities and Exchange Commission (“SEC”). The SEC filed a Complaint...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Greenfield (CRD# 5406611) of Newbridge Securities, following the filing of two customer complaints alleging $33,000,000 in collective investor damages. One of the customer complaints filed against Greenfield alleges $33,000,000 in damages due to his failure to to procure a credit facility for the clients’ real estate...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Paul Addo (CRD# 5422664) of Merrill Lynch after a pending customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging unsuitable investment recommendations and unauthorized trading. A second customer complaint filed against Addo alleged failure to follow instructions regarding the purchase of certain securities in...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Raymond Lent (CRD# 817645) of Portsmouth Financial Services following the filing of five pending customer complaints alleging over $300,000 in collective investor damages due to unsuitable recommendations to invest in high risk and illiquid GWG L Bonds. GWG L bonds were marketed by many brokerage firms and...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker George Cairnes (CRD# 4068906) of Wells Fargo and Chelsea Financial Services, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging that the customer set up a line of credit to loan money to the financial advisor, his family members and his friends....
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Sally Weger (CRD# 2591057) of Morgan Stanley after two customer complaints were filed with the Financial Industry Regulatory Authority (“FINRA”). According to FINRA BrokerCheck, Sally Ann Weger is currently registered as a broker with Morgan Stanley in Palm Beach Gardens, FL. One of the complaints filed alleges...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Mark Arthur (CRD# 2594232) of Centaurus Financial after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $50,000 in damages due to unsuitable, speculative, high-risk, and illiquid investment recommendations. The pending customer complaint further alleges breach of fiduciary duty. According to FINRA BrokerCheck,...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Derek McLean (CRD# 1939560) of Orange Capital Management, First Allied Securities, and Cetera Advisors, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging unsuitable investment recommendations, breach of fiduciary duty, breach of contract, failure to supervise, and financial elder abuse. According to...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Dana Zimmerman (CRD# 7347164) of NYLIFE Securities and Concorde Investment Services, after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging that variable annuities purchased, along with the transfer of ETF equities, negatively impacted the customer and did not consider the customer’s needs...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Hector Hernandez (CRD# 4654126) of Money Concepts Capital, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide on-the-record testimony as requested by FINRA, in connection with the regulator’s investigation into the potential failure to...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Fagan (CRD# 1267279) of Raymond James & Associates, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide on-the-record testimony as requested by FINRA, in connection with the regulator’s investigation into the alleged sale...
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November 28, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Richard Michalski (CRD# 4588706) of Laidlaw & Company after the Securities and Exchange Commission (“SEC”) opened an investigation into his alleged violation of Regulation Best Interest (“Reg BI”). According to FINRA BrokerCheck, Richard G. Michalski is currently registered as a broker with Laidlaw & Company in New...
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November 27, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Fernando Silva (CRD# 7326519) of Morgan Stanley, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his refusal to provide information and documents as requested by FINRA, in connection with the regulator’s investigation into Morgan Stanley’s U5 filing...
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November 27, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor Matt Romeo (CRD# 4201945) of MidAtlantic Capital Corporation and Everhart Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 in damages due to unsuitable recommendations to invest in a real estate security. According to FINRA BrokerCheck, Matthew James Romeo...
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November 27, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Stolberg (CRD# 5678544) of Cambridge Investment Research and Private Client Services, LLC after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $500,000 in damages due to unsuitable investment recommendations and misrepresentation related to a real estate security. According to FINRA BrokerCheck,...
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November 27, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Kyle Wool (CRD# 4238101) of Revere Securities and Dominari Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,477,272 in damages due to unauthorized trading, conversion of the customer’s funds, material misrepresentations, violation of the SEC’s Regulation Best Interest, and loss...
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November 27, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Christopher Fagiolo (CRD# 4943954) of Cape Securities, Inc. after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $100,000 in damages to the investor, due to unsuitable investment recommendations, lack of due diligence, misrepresentation and omission of material information. According to FINRA BrokerCheck,...
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November 27, 2023 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jerome Niles (CRD# 3076666) of Revere Securities and Dominari Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,477,272 in damages due to unauthorized trading, conversion of the customer’s funds, material misrepresentations, violation of the SEC’s Regulation Best Interest, and loss...
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