In February 2022, Massachusetts securities regulators filed an administrative complaint against Purshe Kaplan Sterling Investments and seeks to require the firm to pay $2.3 million in restitution for ignoring, for many years, the sale of risky, complex exchange traded funds … Continue reading
Erez Law is currently investigating former Titan Securities broker Richard Demetriou (CRD# 828433) who was barred by FINRA. Richard Demetriou is accused of unsuitable investment recommendations. Richard Demetriou was registered with Titan Securities in Addison, Texas from 2009 to 2021. … Continue reading
Erez Law is currently investigating former LPL Financial LLC and Integrated Wealth Concepts LLC broker Matthew Clason (CRD# 4692266) regarding fraud and criminal misconduct. Matthrew Clason was registered with LPL Financial LLC in Glastonbury, Connecticut from 2016 to 2020, when … Continue reading
Erez Law is currently investigating Morgan Stanley broker Elizabeth Layne (CRD# 4497721) regarding an unsuitable options strategy. Elizabeth Layne has been registered with Morgan Stanley in Atlanta, Georgia since 2016. Options are inherently leveraged and can cause accelerated investment loss during adverse … Continue reading
Erez Law is currently investigating former H. Beck, Inc. broker John Tweardy (CRD# 1361757) regarding real estate investment trusts (REIT) and variable annuity investment losses. John Tweardy has been registered with H. Beck, Inc. in Canonsburg, Pennsylvania from 2002 to 2018, when … Continue reading
Erez Law is currently investigating Delta Securities Company, LLC broker Sean Casterline (CRD# 2212919) regarding private placements investment losses. Sean Casterline has been registered with Delta Securities Company, LLC in Maitland, Florida since 2002. In December 2021, FINRA sanctioned Sean Casterline … Continue reading
Can I recover losses from unsuitable investment recommendations made by former Investacorp, Inc. broker William Richardson Jr. (CRD# 721293)? William Richardson Jr. has been registered with Avantax Investment Services, Inc. in Houston, Texas since 2020. Previously, William Richardson Jr. was registered … Continue reading
Did you lose money investing in the Moody National REIT II, an illiquid non-traded real estate investment trust (REIT)? It mostly invests in securities and hotels, such as Marriott, Hyatt, and Hilton. Moody National REIT II started as a blind … Continue reading
Erez Law is currently investigating former UBS Financial Services Inc. broker German Nino (CRD# 2653707) regarding unauthorized trades and fraud. German Nino was registered with UBS Financial Services Inc. in Coral Gables, Florida from 2012 to 2020. In January 2022, the Securities and Exchange … Continue reading
Were you the victim of NTB Financial Corp. broker George McCaffrey III (CRD# 847377) regarding private placement investment losses? George McCaffrey III was registered with NTB Financial Corporation in Englewood, Colorado from 1989 to 2017. In June 2021, FINRA barred George … Continue reading