Category: Suitability

Suitable investment recommendations.

UNITED PLANNERS GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages United Planners Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

UNITED PLANNERS GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages United Planners Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

United Planners GPB Capital Investment Losses?  If you were recommended to invest in private placement securities of GPB Capital Holdings and have losses in excess of $100,000, contact us today at (888) 997-9956 National investor fraud law firm, KlaymanToskes (“KT”), advises former and current customers of United Planners Financial Services who invested in GPB Capital Holdings (“United Planners GPB Capital Investigation”) to explore their legal options in light of the ongoing Securities & Exchange Commission (“SEC”) action against GPB Capital. KT strongly encourages investors who purchased GPB Capital through United Planners to consider filing a securities arbitration claim with the Financial…

SAGEPOINT GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages SagePoint Financial Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

SAGEPOINT GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages SagePoint Financial Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

SagePoint Financial GPB Capital Investment Losses?  If you were recommended to invest in private placement securities of GPB Capital Holdings and have losses in excess of $100,000, contact us today at (888) 997-9956 National investor fraud law firm, KlaymanToskes (“KT”), advises former and current customers of SagePoint Financial who invested in GPB Capital Holdings (“SagePoint Financial GPB Capital Investigation”) to explore their legal options in light of the ongoing Securities & Exchange Commission (“SEC”) action against GPB Capital. KT strongly encourages investors who purchased GPB Capital through SagePoint Financial to consider filing a securities arbitration claim with the Financial Industry Regulatory…

FSC SECURITIES GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages FSC Securities Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

FSC SECURITIES GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages FSC Securities Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

FSC Securities GPB Capital Investment Losses?  If you were recommended to invest in private placement securities of GPB Capital Holdings and have losses in excess of $100,000, contact us today at (888) 997-9956. National investor fraud law firm, KlaymanToskes (“KT”), advises former and current customers of FSC Securities who invested in GPB Capital Holdings (“FSC Securities GPB Capital Investigation”) to explore their legal options in light of the ongoing Securities & Exchange Commission (“SEC”) action against GPB Capital. KT strongly encourages investors who purchased GPB Capital through FSC Securities to consider filing a securities arbitration claim with the Financial Industry Regulatory…

SAGEPOINT FINANCIAL GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages SagePoint Financial Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

SAGEPOINT FINANCIAL GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Encourages SagePoint Financial Customers Who Invested in GPB Capital Holdings to Explore Legal Options in Light of Ongoing SEC Action

SagePoint Financial GPB Capital Investment Losses?  If you were recommended to invest in private placement securities of GPB Capital Holdings and have losses in excess of $100,000, contact us today at (888) 997-9956. National investor fraud law firm, KlaymanToskes (“KT”), advises former and current customers of SagePoint Financial who invested in GPB Capital Holdings to explore their legal options in light of the ongoing Securities & Exchange Commission (“SEC”) action against GPB Capital. KT strongly encourages investors who purchased GPB Capital through SagePoint Financial to consider filing a securities arbitration claim with the Financial Industry Regulatory Authority (“FINRA”) as an additional…

Luke Johnson Coastal Investment Advisors Investor Alert: National Investor Fraud Law Firm KlaymanToskes Investigates Former Scottsdale, AZ Broker

Luke Johnson Coastal Investment Advisors Investor Alert: National Investor Fraud Law Firm KlaymanToskes Investigates Former Scottsdale, AZ Broker

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“Luke Johnson Coastal Investment Advisors Investigation”) into former Coastal Equities, Inc. broker Luke Michael Johnson (CRD # 3257008) in light of pending customer disputes concerning alleged unsuitable investment recommendations, including GPB Capital. Luke Johnson Coastal Investment Advisors Investigation According to FINRA BrokerCheck, Luke Johnson has 6 pending customer dispute and 16 customer disputes that are final. Four notable pending customer disputes that are pending include: $500,000 in alleged damages relating to unsuitable investment recommendations from 2014 to 2017. The employing firm when activities occurred which led to the complaint…

EUGENE MCADAMS JOSEPH STONE INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Investigates Barred Broker in Light of FINRA Suitability Investigation

EUGENE MCADAMS JOSEPH STONE INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Investigates Barred Broker in Light of FINRA Suitability Investigation

Eugene McAdams Joseph Stone Customer? Ex-Joseph Stone Capital, LLC Broker Barred by Securities Industry as FINRA Investigate Suitability Recommendations National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“Eugene McAdams Joseph Stone Investigation”) into former Joseph Stone Capital, LLC broker Eugene Arthur McAdams in light of a disciplinary bar disclosed by FINRA. In August 2021, FINRA barred Eugene McAdams from the securities industry. The bar relates to Eugene McAdams’s refusal to appear for on-the-record (“OTR”) testimony to FINRA. The OTR testimony relates to FINRA’s investigation into the suitability of McAdam’s recommended securities transactions in customers’ accounts while registered…

Daniel O’Neill Aegis Capital Investor Alert: FINRA Accuses Former Broker of Excessive, Unsuitable Trading

Daniel O’Neill Aegis Capital Investor Alert: FINRA Accuses Former Broker of Excessive, Unsuitable Trading

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“Daniel O’Neill Aegis Capital Investigation”) into former Aegis Capital broker Daniel J. O’Neill (“Daniel O’Neill”) in light of complaint recently filed by FINRA. In July 2021, FINRA filed a Complaint against Daniel O’Neill relating to excessively and unsuitably trading the account of one of his customers at Aegis Capital. Daniel O’Neill Aegis Capital and the July 2021 FINRA Complaint On July 29, 2021, FINRA filed a complaint against Ex-Aegis Capital broker Daniel O’Neill. The Complaint alleged that Daniel O’Neill excessively and unsuitably traded the account of one of his…

Lee Nordstrom Vorphal Wing Securities Investor Alert: FINRA Bars Broker Investigated for Excessive Trading

Lee Nordstrom Vorphal Wing Securities Investor Alert: FINRA Bars Broker Investigated for Excessive Trading

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“Lee Nordstrom Vorphal Wing Securities Investigation”) into former Vorphal Wing Securities broker Lee Victor Nordstrom (“Lee Nordstrom”) in light of a disciplinary bar disclosed by FINRA. In October 2021, FINRA barred Lee Nordstrom from the securities industry. FINRA barred Lee Nordstrom for his failure to appear for on-the-record testimony requested by FINRA. The on-the-record testimony relates to whether Lee Nordstrom engaged in potential unsuitable and excessive trading in several customer accounts. Lee Nordstrom Vorphal Wing Securities and the October 2021 FINRA Disciplinary Action According to BrokerCheck, FINRA barred Lee…

GPB AUTOMOTIVE PORTFOLIO LP INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Continues Investigation of GPB Capital in Light of September 2021 Purchase Agreement

GPB AUTOMOTIVE PORTFOLIO LP INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Continues Investigation of GPB Capital in Light of September 2021 Purchase Agreement

National investor fraud law firm KlaymanToskes (“KT”) has filed multiple Financial Industry Regulatory Authority (“FINRA”) arbitration claims for clients who were solicited by FINRA broker-dealers to purchase private placement securities of GPB Capital Holdings (“GPB”) in the form of notes, and continues to investigate (“GPB Automotive Portfolio LP Investigation”) the sales practices related to the failure to supervise financial advisor “selling away” private securities transactions related to GPB Capital Holdings Offerings to investors. GPB Automotive Portfolio Purchase Agreement On September 12, 2021, GPB Automotive Portfolio disclosed that Group 1 Automotive, Inc. entered into a Purchase Agreement to buy substantially all…

ATTENTION MARTIN LERNER DAVID LERNER ASSOCIATES CUSTOMERS: National Investor Fraud Law Firm KlaymanToskes Investigates Broker in Light of $600,000 Energy 11 LP Customer Dispute

ATTENTION MARTIN LERNER DAVID LERNER ASSOCIATES CUSTOMERS: National Investor Fraud Law Firm KlaymanToskes Investigates Broker in Light of $600,000 Energy 11 LP Customer Dispute

National securities fraud law firm, KlaymanToskes (“KT”), continues to investigate (“Martin Lerner David Lerner Associates Investigation”) David Lerner Associates, including Martin Lerner (CRD#871038), for the unsuitable concentration in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to its clients. The concentrated investments include Energy 11 LP, Energy Resource 12 LP, and Spirit of America Fund. In addition to the precipitous loss in value, most of investors’ interest payments are now considered return of capital. FINRA BrokerCheck – Martin Lerner According to FINRA BrokerCheck, Martin Lerner has 9 disclosures on his BrokerCheck Report. Two (2) disclosures, which are FINRA Arbitrations filed by customers,…

DAVID LERNER ASSOCIATES ENERGY 11 LP INVESTOR ALERT: National Investor Fraud Law Firm Continues Investigation of Spirit of America Fund, Energy 11 LP, and Energy 12 LP

DAVID LERNER ASSOCIATES ENERGY 11 LP INVESTOR ALERT: National Investor Fraud Law Firm Continues Investigation of Spirit of America Fund, Energy 11 LP, and Energy 12 LP

National securities fraud law firm, KlaymanToskes (“KT”), continues to investigate (“David Lerner Associates Energy 11 LP Investigation”) David Lerner Associates for the unsuitable concentration in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to its clients.  The concentrated investments include Energy 11 LP, Energy Resource 12 LP, and Spirit of America Fund. In addition to the precipitous loss in value, most of investors’ interest payments are now considered return of capital. David Lerner Associates Energy 11 LP, Energy 12 LP, and Spirit of America Fund Investigation The investigation focuses on whether David Lerner Associates failed to supervise the sales and marketing of its…

David Wells Fifth Third Securities Investor Alert: FINRA Bars Broker Following Resignation, Allegations of Misappropriating Client Funds

David Wells Fifth Third Securities Investor Alert: FINRA Bars Broker Following Resignation, Allegations of Misappropriating Client Funds

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“David Wells Fifth Third Securities”) into former Fifth Third Securities, Inc. broker David S. Wells in light of a recent disciplinary action disclosed by FINRA. On September 20, 2021, FINRA disclosed in a Letter of Acceptance, Waiver and Consent that it has barred former Fifth Third Securities broker David Wells (Chicago, IL) relating to his refusal to appear for on-the-record testimony and to provide information and documents requested pursuant to FINRA Rule 8210 and 2010. What is a FINRA AWC? According to FINRA Rule 9216, if FINRA’s Department of…

Joseph Todaro Worden Capital Investor Alert: Customer Files Dispute Alleging Excessive Trading Against Melville, New York Broker

Joseph Todaro Worden Capital Investor Alert: Customer Files Dispute Alleging Excessive Trading Against Melville, New York Broker

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation into former Worden Capital Management, LLC and current SW Financial registered representative Joseph Paul Todaro (Joseph Todaro Worden Capital Investigation) in light of a customer dispute filed against the Melville, NY broker alleging excessive trading. Joseph Todaro Worden Capital Investigation – BrokerCheck of Joseph Todaro According to FINRA BrokerCheck, Joseph Paul Todaro was registered as a broker with Worden Capital Management LLC from March 2018 to August 2020. He is currently a registered representative with SW Financial out of its Melville, NY branch. Joseph Todaro’s FINRA BrokerCheck contains four…

Ronnie Metcalf Voya Financial Investor Alert: Ex-Voya Financial, Current Cetera Advisors Network Financial Adviser Facing Millions in Customer Disputes

Ronnie Metcalf Voya Financial Investor Alert: Ex-Voya Financial, Current Cetera Advisors Network Financial Adviser Facing Millions in Customer Disputes

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation into former Voya Financial and current Cetera Advisors Network registered representative Ronnie Metcalf (“Ronnie Metcalf Voya Financial Cetera Advisors Investigation”) in light of recent FINRA customer disputes filed claiming investment losses relating to the Greenville, SC financial adviser. Ronnie Metcalf Voya Financial Investigation – BrokerCheck According to FINRA BrokerCheck, Ronald Franklin Metcalf, Jr. was registered as a broker with Voya Financial Advisors from May 2000 to June 2021 out of the firm’s Greenville, SC office. Ronnie Metcalf is now registered with Cetera Advisor Networks in Greenville, SC. Ronnie Metcalf’s…

ATTENTION STEPHEN SULLIVAN SPARTAN CAPITAL SECURITIES CUSTOMERS: KlaymanToskes Investigates Broker in Light of Pending FINRA Investigation of Churning, Unsuitable Recommendations

ATTENTION STEPHEN SULLIVAN SPARTAN CAPITAL SECURITIES CUSTOMERS: KlaymanToskes Investigates Broker in Light of Pending FINRA Investigation of Churning, Unsuitable Recommendations

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“Stephen Sullivan Spartan Capital Investigation”) into Spartan Capital Securities broker Stephen James Sullivan in light of a recent preliminary determination by FINRA to recommend disciplinary action to be brought against him relating to, in part, churning, excessive trading and unsuitable recommendations. Stephen Sullivan Spartan Capital Investigation and FINRA’s Preliminary Determination According to FINRA BrokerCheck, on August 10, 2021, FINRA made a preliminary determination to recommend that disciplinary action be brought against Stephen Sullivan alleging violations of Section 10(b) of the Exchange Act, Exchange Act Rule 10b-5, and FINRA Rules…

ALAN BERGER TRIAD ADVISORS CUSTOMER ALERT: National Investor Fraud Firm KlaymanToskes Continues to Investigate on Behalf of GPB Capital Investors

ALAN BERGER TRIAD ADVISORS CUSTOMER ALERT: National Investor Fraud Firm KlaymanToskes Continues to Investigate on Behalf of GPB Capital Investors

National investor fraud law firm, KlaymanToskes (“KT”) has commenced an investigation of former Triad Advisors and current Arkadios Capital broker Alan Stuart Berger (“Alan Berger Triad Advisors GPB Investigation”) in light of a FINRA arbitration filed against Alan Berger in September 2020 alleging GPB Capital losses. GPB Capital sold and marketed non-registered private placement notes through inadequate disclosure of illiquidity, high risks and commissions which made the investments unsuitable for most investors. Among other GPB securities, KlaymanToskes in investigating GPB Automotive Portfolio, LP, which was sold by brokerage firms, including Triad Advisors. Alan Berger was registered with Triad Advisors, LLC  from…

NOTICE TO GPB AUTOMOTIVE ARETE WEALTH INVESTORS: National Investor Fraud Firm KlaymanToskes Continues to Investigate on Behalf of GPB Capital Investors

NOTICE TO GPB AUTOMOTIVE ARETE WEALTH INVESTORS: National Investor Fraud Firm KlaymanToskes Continues to Investigate on Behalf of GPB Capital Investors

Did you suffer GPB Capital investment losses? National investor fraud law firm, KlaymanToskes (“KT”), continues to investigate (“GPB Automotive Arete Wealth Investigation”) claims against full-service brokerage firms on behalf of investors who were solicited to purchase millions of dollars of private placement securities in GPB Capital, in the form of notes, including Arete Wealth. GPB Automotive Arete Wealth Investigation GPB Capital sold and marketed non-registered private placement notes through inadequate disclosure of illiquidity, high risks and commissions which made the investments unsuitable for most investors. Among other GPB securities, KlaymanToskes in investigating GPB Automotive Portfolio, LP, which was sold by brokerage firms, including Arete Wealth.…

ATTENTION GPB AUTOMOTIVE AEGIS CAPITAL INVESTORS: National Investor Fraud Law Firm Continues to Investigate Claims on Behalf of GPB Capital Investors

ATTENTION GPB AUTOMOTIVE AEGIS CAPITAL INVESTORS: National Investor Fraud Law Firm Continues to Investigate Claims on Behalf of GPB Capital Investors

Did you suffer GPB Capital investment losses? National investor fraud law firm, KlaymanToskes (“KT”), continues to investigate (“GPB Automotive Aegis Capital Investigation”) claims against full-service brokerage firms on behalf of investors who were solicited to purchase millions of dollars of private placement securities in GPB Holdings, LP in the form of notes, including Aegis Capital. GPB Automotive Aegis Capital Investigation GPB Capital sold and marketed non-registered private placement notes through inadequate disclosure of illiquidity, high risks and commissions which made the investments unsuitable for most investors. Among other GPB securities, KlaymanToskes in investigating GPB Automotive Portfolio, LP, which was sold by Aegis Capital. Brokerage firms…

GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Continues to Investigate and Pursue Millions of Dollars in FINRA Arbitration Claims for Investors

GPB CAPITAL INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Continues to Investigate and Pursue Millions of Dollars in FINRA Arbitration Claims for Investors

Did you suffer GPB Capital investment losses? National investor fraud law firm, KlaymanToskes (“KT”), continues to investigate and pursue FINRA arbitration claims on behalf of investors who were solicited to purchase millions of dollars of private placement securities in GPB Holdings, LP in the form of notes. GPB Capital Investments Under Investigation GPB Capital sold and marketed non-registered private placement notes through inadequate disclosure of illiquidity, high risks and commissions which made the investments unsuitable for most investors. The securities under investigation include: GPB Automotive Portfolio, LPGPB Cold Storage, LPGPB Holdings, LPGPB Holdings II, LPGPB Holdings III, LPGPB Holdings Qualified, LP     GPB NYC Development,…

SCOTT HANANEL AEGIS CAPITAL INVESTOR ALERT: Former Melville, NY Broker Facing Customer Disputes on Investment Losses

SCOTT HANANEL AEGIS CAPITAL INVESTOR ALERT: Former Melville, NY Broker Facing Customer Disputes on Investment Losses

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation into former Aegis Capital broker Scott Hananel (“Scott Hananel Aegis Capital Investigation”) in light of recent FINRA customer disputes filed claiming investment losses relating to the former Melville, NY broker. Scott Hananel Aegis Capital Investigation – BrokerCheck According to FINRA BrokerCheck, former Aegis Capital broker Scott Neil Hananel was last registered with Aegis Capital Corporation (Branch Location was Melville, NY) from February 2010 to February 2021. Scott Hananel’s FINRA BrokerCheck shows three pending customer disputes: February 2021. On February 1, 2021, customers filed a FINRA arbitration claim against Scott…