DAVID MELILLI INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of FINRA Barred Financial Advisor David Melilli

DAVID MELILLI INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Announces Investigation of FINRA Barred Financial Advisor David Melilli

David Melilli Cambridge Investment Investment Losses? KlaymanToskes Investigates Former Moorestown, NJ Broker National investor fraud law firm KlaymanToskes announces its investigation (“David Melilli Cambridge Investment Investigation”) former Cambridge Investment Research broker David Melilli (Moorestown, NJ). The investigation is in light David Melilli’s bar from the securities industry relating to allegations concerning his exercising of discretion without written authorization in a client’s account. David Melilli Cambridge Investment Investigation David Melilli refused to comply with FINRA’s request for documents and information during FINRA’s investigation. Failure to comply with a FINRA investigation is, in and of itself, a violation of securities’ industry rules.…

Ken Welsh Wells Fargo Investor Alert: National Investor Fraud Law Firm KlaymanToskes Investigates Former Fairfield, NJ Financial Advisor

Ken Welsh Wells Fargo Investor Alert: National Investor Fraud Law Firm KlaymanToskes Investigates Former Fairfield, NJ Financial Advisor

Ex-Wells Fargo Financial Advisor Ken Welsh Wells Fargo Accused of Stealing Customer Funds National investor fraud law firm KlaymanToskes is investigating former Wells Fargo financial advisor Kenneth Welsh (“Ken Welsh Wells Fargo Investigation”) after allegations that Kenneth Welsh may have stolen funds from Wells Fargo investors. Our investigation is in light of an SEC Complaint and U.S. Attorney’s Complaint filed last month. Unauthorized Withdrawal Allegations Concerning Kenneth Welsh Wells Fargo Prior to Kenneth Welsh’s termination from Wells Fargo in July 2021, an investor’s attorney notified Wells Fargo of 76 withdrawals from the investor’s account over a 27 month period. These…

Sigma Financial Corporation Facing $4.5M in Potential Damages in Customer Disputes

Sigma Financial Corporation Facing $4.5M in Potential Damages in Customer Disputes

Sigma Financial Corporation is facing four Financial Industry Regulatory Authority arbitration claims seeking alleged damages of about $4.5 million, according to the firm’s most recent audited financial statement filed with the SEC. Sigma Financial has set aside approximately $652,000 in preparation for the claims, according to the Financial and Operation Combined Uniform Single (FOCUS) Report. What is Sigma Financial Corporation? Sigma Financial Corporation is an Ann Arbor, Michigan-based broker-dealer that is registered with 53 U.S. states and territories. According to its FINRA BrokerCheck, Sigma Financial Corpration has 26 disclosures; eleven (11) of these disclosures are customer disputes and fifteen (15)…

ATTENTION SPAC INVESTORS: KlaymanToskes Investigates Losses in Excess of $250,000 from Investments in Electric Vehicle Industry Stocks Recommended by Full-Service Brokerage Firms

ATTENTION SPAC INVESTORS: KlaymanToskes Investigates Losses in Excess of $250,000 from Investments in Electric Vehicle Industry Stocks Recommended by Full-Service Brokerage Firms

KlaymanToskes (“KT”) announces an investigation on behalf of investors who sustained losses in excess of $250,000 in Electric Vehicle Industry Stock investments funded through Special Purpose Acquisition Companies (SPACs) Initial Public Offerings (IPOs).  According to the U.S. Securities and Exchange Commission (SEC), a blank check or Special Purchase Acquisition Company (SPAC) is a “development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person. These companies typically involve speculative investments and often fall within the SEC’s definition…

KlaymanToskes Investigates David Lerner Associates Recommended Investments in Proprietary Non-Traded Investments Concentrated in Energy Sector

KlaymanToskes Investigates David Lerner Associates Recommended Investments in Proprietary Non-Traded Investments Concentrated in Energy Sector

National securities fraud law firm, KlaymanToskes (“KT”), announces  its investigation into David Lerner Associates for the unsuitable concentration in proprietary products invested non-traded Oil & Gas Investments offered exclusively to its clients.  The concentrated investments include the Energy 11 LP, Energy Resource 12 LP and Spirit of America Fund (SOAEX).  In addition to the precipitous loss in value, the majority of the interest payments received by investors are now considered, return of capital. According to securities attorney, Lawrence L. Klayman, “David Lerner Associates recommended proprietary products that were unsuitable for most conservative or retired investors”.  According to the Energy 11…

ATTENTION ELDORADO RESORTS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Eldorado Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION ELDORADO RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Eldorado Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Eldorado Resorts (NASDAQ:ERI) (“Eldorado”) who held large, unhedged concentrated positions in Eldorado stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Eldorado stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose…

ATTENTION CAESARS ENTERTAINMENT EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Caesars Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION CAESARS ENTERTAINMENT EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Caesars Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Caesars Entertainment (NASDAQ:CZR) (“Caesars”) who held large, unhedged concentrated positions in Caesars stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Caesars stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose…

ATTENTION WYNN RESORTS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Wynn Resorts Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION WYNN RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Wynn Resorts Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Wynn Resorts (NASDAQ:WYNN) who held large, unhedged concentrated positions in Wynn Resorts stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Wynn Resorts stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION MGM RESORTS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in MGM Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION MGM RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in MGM Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of MGM Resorts International (NYSE:MGM) (“MGM”) who held large, unhedged concentrated positions in MGM stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in MGM stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION LAS VEGAS SANDS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Las Vegas Sands Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION LAS VEGAS SANDS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Las Vegas Sands Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Las Vegas Sands (NYSE:LVS) who held large, unhedged concentrated positions in Las Vegas Sands stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Las Vegas Sands stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION CEDAR FAIR EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Cedar Fair Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION CEDAR FAIR EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Cedar Fair Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Cedar Fair (NYSE:FUN) who held large, unhedged concentrated positions in Cedar Fair stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Cedar Fair stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION SIX FLAGS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Six Flags Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION SIX FLAGS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Six Flags Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Six Flags Entertainment (NYSE:SIX) (“Six Flags”) who held large, unhedged concentrated positions in Six Flags stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Six Flags stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION PENN NATIONAL GAMING EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Penn National Gaming Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION PENN NATIONAL GAMING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Penn National Gaming Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Penn National Gaming (NASDAQ:PENN) who held large, unhedged concentrated positions in Penn National Gaming stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Penn National Gaming stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION LIVE NATION ENTERTAINMENT EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Live Nation Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION LIVE NATION ENTERTAINMENT EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Live Nation Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Live Nation Entertainment (NYSE:LYV) (“Live Nation”) who held large, unhedged concentrated positions in Live Nation stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Live Nation stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION WALT DISNEY COMPANY EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Disney Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION WALT DISNEY COMPANY EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Disney Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of The Walt Disney Company (NYSE:DIS) (“Disney”) who held large, unhedged concentrated positions in Disney stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Disney stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage…

ATTENTION ALASKA AIR EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Alaska Air Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION ALASKA AIR EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Alaska Air Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Alaska Air (NYSE:ALK) who held large, unhedged concentrated positions in Alaska Air stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Alaska Air stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION SOUTHWEST AIRLINES EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Southwest Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION SOUTHWEST AIRLINES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Southwest Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Southwest Airlines (NYSE:LUV) (“Southwest”) who held large, unhedged concentrated positions in Southwest stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Southwest stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose…

ATTENTION DELTA AIRLINES EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Delta Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION DELTA AIRLINES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Delta Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Delta Airlines (NYSE:DAL) (“Delta”) who held large, unhedged concentrated positions in Delta stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Delta stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose…

ATTENTION AMERICAN AIRLINES EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in American Airlines Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION AMERICAN AIRLINES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in American Airlines Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of American Airlines (NASDAQ:AAL) who held large, unhedged concentrated positions in American Airlines stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in American Airlines stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION NORWEGIAN EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Norwegian Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION NORWEGIAN EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Norwegian Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Norwegian Cruise Line (NYSE:NCLH) (“Norwegian”) who held large, unhedged concentrated positions in Norwegian stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Norwegian stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…