Blog

Have you suffered investment losses with former O.N. Equity Sales Company financial advisor Richard Wesselt (CRD# 2195569)? Wesselt has been registered with Fortune Financial Services, Inc. in Collegeville, Pennsylvania since September 2017. Previously, Wesselt was registered with the O.N. Equity Sales Company in Collegeville, Pennsylvania from 2014 to 2017. In 1997, Wesselt was terminated from […]

There are options for customers of former Kestra Investment Services, LLC financial advisor John Spach (CRD# 2731192) who suffered investment losses. Spach was registered with Kestra Investment Services, LLC in Aliso Viejo, California from 2014 to 2018. Previously, Spach was registered with Financial Telesis Inc. in Westlake Village, California from 2007 to 2014, with Financial […]

Erez Law recently filed a FINRA arbitration against NFP Advisor Services, LLC. Their customer alleges that Kurt Jackson (CRD #2913769) made unsuitable investment recommendations in illiquid investments, including those in the high risk energy sector. According to the filed claim, the widow and mother of two children, entrusted Jackson and NFP with her irreplaceable savings […]

Erez Law is currently investigating Westport Capital Markets, LLC financial advisor Christopher McClure (CRD# 2289844) regarding excess fees. McClure has been registered with Westport Capital Markets, LLC in Westport, Connecticut since 2001. In November 2017, The Securities and Exchange Commission (SEC) alleged that McClure and Westport Capital Markets, LLC violated their fiduciary duty and defrauded […]

Did you suffer losses due to investments in Puerto Rico bonds with The GMS Group, LLC financial advisor Paul Mante (CRD# 4911949)? Mante has been registered with The GMS Group, LLC in Boca Raton, Florida since 2005. Puerto Rico suffers from long-term financial and economic deficiencies that rendered its credit increasingly more speculative. The deterioration […]

Erez Law is interested in speaking with investors who may have suffered losses due to investments with former Credit Suisse financial advisor Lily Pirouzian (CRD# 5119248). Pirouzian has been registered with HSBC Securities (Usa) Inc. in New York, New York since May 2016. Previously, Pirouzian was registered with Credit Suisse Securities (Usa) LLC in New […]

Former Concorde Investment Services, LLC financial advisor Richard Cody (CRD# 2794558) barred by FINRA and sentenced to two years in prison for defrauding retired clients. Cody was registered with IFS Securities in Spring Lake, New Jersey from August to September 2016, when he was terminated regarding, “Selling away, forgery.” Previously, Cody was registered with Concorde […]

Erez Law is currently investigating former Morgan Stanley financial advisor Stewart Malloy (CRD# 1029931) regarding unsuitable investment recommendations. Malloy was registered with Morgan Stanley in Riverhead, New York from 2009 to 2015. In January 2019, FINRA barred Malloy after he failed to appear and provide FINRA with requested on-the-record testimony in connection with reported allegations […]

Former Merrill Lynch financial advisor D Membla (CRD# 4357042) is accused of excessive trading and unsuitable investment recommendations. Membla was registered with Merrill Lynch in Chicago, Illinois from 2001 to 2016, when he was terminated regarding, “Conduct including circumventing Firm limitations on the accumulation of mutual fund shares in customer accounts resulting in a loss […]

There are options for customers of Cetera Advisors LLC financial advisor Donna Hines (CRD# 4275524). Hines has been registered with Cetera Advisors LLC in Weston, West Virginia since 2013. Hines has been the subject of four customer complaints between 2015 and 2018, according to his CRD report: June 2018. “Clients claim vague allegations of unsuitable […]