January 23, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Derrick Watts of Packerland Brokerage Services (CRD #2479608). According to FINRA BrokerCheck, Derrick Watts of Packerland Brokerage Services, Inc. is involved in a pending $3,000,000 customer complaint alleging the recommendation to purchase Bet Chicago securities was misleading, inaccurate, and false based on its valuation. Investors that suffered...
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January 23, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Wendy Holmes of UBS Financial Services (CRD #2944190). According to FINRA BrokerCheck, Wendy Holmes, a registered representative of UBS Financial Services Inc. in New York, NY, is facing a customer complaint alleging $1,000,000 in damages due to unsuitability and misrepresentation regarding recommendations to invest in and hold...
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January 23, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ashish Chowdhry (CRD #3249567) of MML Investors Services. According to FINRA BrokerCheck, Ashish Chowdhry of MML Investors Services is facing a pending customer complaint alleging $1,000,000 in damages and that he misrepresented risks associated with life insurance policies and caused harm to the customers by opening a...
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January 23, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Iliasser Arias of Wells Fargo Clearing Services (CRD #3199210). According to FINRA BrokerCheck, Iliasser Robin Arias of Wells Fargo Clearing Services is facing a pending investor dispute alleging $5,699,336 in damages, based on allegations that in July 2021, he misappropriated funds from a business account to personal...
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January 22, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Colleen Maron (CRD# 2211633) of Purshe Kaplan Sterling Investments. According to FINRA BrokerCheck, broker Colleen Maron is currently facing an investor complaint alleging $2,160,000 in damages due to misrepresentation, negligence and investment recommendations in 4 different DSTs that were unsuitable for the customer. Investors that suffered losses...
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January 22, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Kersey (CRD# 1480524) of Northwestern Mutual Investment Services. According to FINRA BrokerCheck, barred financial advisor John Kersey of Northwestern Mutual Investment Services is involved in several customer complaints alleging $1,806,219 in collective investor damages. One of the customer complaints relates to the recommendation of a 1035...
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January 22, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Ting Kuo Chen a/k/a TK Daniel Chen of Landolt Securities and TKC Wealth Management (CRD #2394916). According to FINRA BrokerCheck, Ting Kuo Chen a/k/a TK Daniel Chen of Landolt Securities and TKC Wealth Management is facing a pending customer complaint alleging $500,000 in damages for recommendations of...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Thomas Rapp a/k/a Tom Rapp (CRD #1792438) of M Holdings Securities and Greenberg and Rapp Financial Group. According to FINRA BrokerCheck, Thomas Rapp a/k/a Tom Rapp of M Holdings Securities and Greenberg and Rapp Financial Group is facing a pending customer complaint seeking $1,234,482.59 in damages for...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jonathan Krueger (CRD #4416059)of Larson Financial Securities, and formerly of Lion Street Advisors and Accelerated Wealth Advisors. According to FINRA BrokerCheck, Jonathan Krueger of Larson Financial Securities is facing pending investor disputes totaling over $7.5 million in alleged investor damages due to allegations including negligence and unsuitable...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Deborah Bauer (CRD #1039606) of UBS Financial Services Inc. According to FINRA BrokerCheck, Deborah Bauer of UBS Financial Services Inc. is currently facing a pending customer complaint alleging damages between $1,000,000 and $5,000,000. The complaint alleges unsuitability regarding the sale of stock without a post-sale investment plan,...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Russ Fieger (CRD #4122326) of Colorado Financial Service Corporation, and formerly of Crown Capital Securities. According to FINRA BrokerCheck, Russ Fieger a/k/a Russell Edward Fieger of Colorado Financial Service Corporation, and formerly of Crown Capital Securities, is facing a pending $325,000 customer complaint alleging unsuitable alternative investment...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker James Alperin of Wells Fargo Advisors and Wells Fargo Clearing Services (CRD #2467392). According to FINRA BrokerCheck, James Alperin of Wells Fargo Clearing Services and Wells Fargo Advisors is facing a pending customer complaint alleging $5,000,000 in estimated damages, in connection with unauthorized trades involving equity investments....
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating investment advisor Andrew Camarda (CRD# 6070173) of IBN Financial Services. According to the Securities and Exchange Commission’s AdviserInfo, Andrew Camarda of IBN Financial Services, is facing seven pending investor complaints alleging $4,275,000 in collective investor damages and violations of FINRA Rules 2010, 2020, 2111, and 3280; negligence; and,...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Valentino Scott (CRD# 1497615) of Centaurus Financial Inc. According to FINRA BrokerCheck, Valentino Scott of Centaurus Financial, Inc. is currently facing several pending customer complaints alleging $646,358 in collective investor damages. The complaints allege unsuitable recommendations of, high-risk, illiquid investments and breach of fiduciary duty. Investors that...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Loren Morrison (CRD #4578161) of Stifel Nicolaus & Company. According to FINRA BrokerCheck, Loren Morrison of Stifel Nicolaus & Company is facing several pending customer complaints alleging $1,767,693 in collective investor damages due to unauthorized trading, breach of fiduciary duty, negligence, and fraud. Investors that suffered losses...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating suspended broker Anthony DiLullo of LPL Financial (CRD# 6088412). According to FINRA BrokerCheck, Anthony DiLullo, a former registered representative of LPL Financial in Wappingers Falls, NY, is facing a customer complaint alleging $750,000 in damages due to recommendations to invest in a mutual fund that was unsuitable for...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Christopher Cambell of Raymond James & Associates (CRD# 5597534). According to FINRA BrokerCheck, Christopher Campbell of Raymond James & Associates, Inc. is facing several pending customer complaints alleging $564 972.25 in collective investor damages. The complaints allege misrepresentations related to real estate investments. Investors that suffered losses...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker/advisor Richard Sheiner (CRD# 1113326) formerly of CIBC Private Wealth Advisors and CIBC World Markets Corp. According to FINRA BrokerCheck, broker Richard Sheiner is currently involved in a customer complaint alleging $584,407 in investor damages. Sheiner was previously registered as a broker and investment advisor with CIBC World...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Paul Nathe (CRD# 2015831) of Oppenheimer & Co. According to FINRA BrokerCheck, broker Paul Nathe is currently involved in a customer complaint alleging $409,002 in investor damages and that the customer’s stock portfolio was sold without his authorization. The complaint allegedly relates to private securities. Investors that...
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January 21, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Kelley (CRD #1021878) of LPL Financial and Charter Advisory Corporation. According to FINRA BrokerCheck, Michael Kelley of LPL Financial and Charter Advisory Corporation is facing a pending customer complaint alleging $2,000,000 in damages due to unsuitable investments and misrepresentation related to variable annuity and mutual fund...
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January 16, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Robert Gronski, formerly of LPL Financial (CRD #1027236). According to FINRA BrokerCheck, Robert Gronski, formerly of LPL Financial, was involved in a customer complaint which alleged $119,000 in investor damages due to recommendations of an unsuitable annuity investment. Although this dispute was denied, it is important to...
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January 16, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Michael Coyne of First Trust Portfolios (CRD #4674176). According to FINRA BrokerCheck, Michael Coyne, a financial advisor with First Trust Portfolios, is currently facing 14 pending investor disputes seeking over $8,000,000 in collective alleged damages, related to his alleged involvement in the creation of equity-linked notes. Investors...
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January 10, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Peter Maller (CRD# 2322403) of Osaic FA, Inc. According to FINRA BrokerCheck, Peter Maller of Osaic FA, Inc. is currently facing four pending customer complaints alleging $1,350,000 in collective investor damages due to unsuitable recommendations to invest in oil and gas investments. Investors that suffered losses with...
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January 10, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker John Shortal (CRD #2233172) of Moloney Securities. According to FINRA BrokerCheck, John Patrick Shortal of Moloney Securities is the subject of two pending customer disputes seeking $700,000 in alleged collective damages due to unsuitable investment recommendations and negligence. Investors that suffered losses with broker John Shortal are...
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January 10, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Travis Alexander formerly of Raymond James Financial Services (CRD #5504338). According to FINRA BrokerCheck, Travis Alexander, a former registered representative of Raymond James Financial Services Inc. in Long Beach, CA, is facing two pending investor complaints totaling $564,972.25 in alleged damages due to misrepresentations related to real...
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January 10, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Venu Reddy a/k/a Venugopal Reddy (CRD #5125813) of FBS Securities, and formerly of World Choice Securities. According to FINRA BrokerCheck records, Venu Reddy a/k/a Venugopal Reddy of FBS Securities is under investigation for allegedly participating in private securities transactions for selling compensation without providing prior disclosure to,...
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January 9, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker William Devine, of Ameriprise Financial Services (CRD #4798723). According to FINRA BrokerCheck, William Harry Devine, a financial advisor at Ameriprise Financial Services in Lawrenceville, NJ, is facing a pending customer complaint seeking $860,000 in alleged damages for recommending unsuitable withdrawals from an inherited IRA account for home...
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January 9, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Austin Arata of Ameriprise Financial Services, and formerly of LPL Financial (CRD #6448739). According to FINRA BrokerCheck, Austin Arata, formerly of LPL Financial and currently with Ameriprise Financial Services, is facing a pending customer complaint seeking $340,000 in alleged damages in connection with unauthorized transactions in the...
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January 9, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating broker Jihoon Park of MML Investors Services (CRD# 6535514). According to FINRA BrokerCheck records, Jihoon Park of MML Investors Services has been hit with an investor complaint alleging $2,658,000 in investor damages due to unsuitable recommendations to invest the client’s money into crypto currency. The customer further alleges...
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January 9, 2025 | Broker / Advisor Investigation
National investment loss lawyers KlaymanToskes is investigating barred broker Howard Kavinsky (CRD #5881623) of B. Riley Wealth Management. According to FINRA BrokerCheck, Howard Kavinsky, a former broker at B. Riley Wealth Management, is facing a $760,000 customer complaint alleging misappropriation of client funds, including unauthorized removal of funds, and providing false and misleading information about...
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