Author: Jeff Erez
Former Merrill Lynch broker Christopher Roumayeh (CRD# 4510051) was suspended for 21 months following a FINRA investigation regarding his engagement in outside business activities (selling away). Roumayeh has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Bloomfield … Continue reading
Erez Law is currently investigating former Ameriprise Financial Services, Inc. broker Li-Lin Hsu (Yilin Hsu) (CRD# 4706509) regarding her Ponzi Scheme that defrauded at least 20 clients out of $8.1 million. Hsu has been registered with Ameriprise Financial Services, Inc. … Continue reading
Erez Law is currently investigating former Kalos Capital, Inc. broker Arni Diamond (CRD# 2667392). Diamond has been registered with Dempsey Lord Smith, LLC in Jacksonville, Florida since September 2018. Previously, Diamond was registered with Kalos Capital, Inc. in Jacksonville, Florida … Continue reading
Erez Law is currently investigating former The Tavenner Company broker Dean Mings (CRD# 1197212) regarding investment losses. Mings was registered with The Tavenner Company in Springfield, Ohio from 2002 to 2018, when he was terminated regarding “RR violated firm policy … Continue reading
Erez Law is currently investigating ProEquities, Inc. broker Marc Linsky (CRD# 1450006) regarding GPB Capital Holdings investment losses. Linsky has been registered with Proequities, Inc. in Marlton, New Jersey since July 2018. Previously, Linsky was registered with Concorde Investment Services, … Continue reading
Did your broker recommend you invest in Oil-Linked Exchange-Traded Products (ETPs) and you suffered investment losses? Brokers across the country recommended their clients invest in unsuitable oil, gas, and energy investments, which suffered significant declines when the market crashed due … Continue reading
In May 2020, FINRA fined SunTrust Investment Services $634,000, which included a $50,000 fine and $584,466 in restitution to customers, following settled charges that the firm failed to properly supervise brokers who recommended their clients hold non-traditional exchange-traded funds (ETFs) … Continue reading
Erez Law is currently investigating former Ross, Sinclaire & Associates, LLC broker Robert Clarke (CRD# 735940) regarding investment losses. Clarke has been registered with Natalliance Securities, LLC in Austin, Texas since 2017. Previously, Clarke was registered with Ross, Sinclaire & … Continue reading
There are options for clients of Kalos Capital, LLC broker Christopher Shaw (CRD# 5011382) who suffered investment losses. Shaw has been registered with Pruco Securities, LLC in Charlotte, North Carolina since May 2019. Previously, Shaw was registered with Kalos Capital, … Continue reading
In March 2020, a former client of Janney Montgomery Scott, LLC won an award in a FINRA arbitration for compensatory damages for $152,674 plus 9% interest per annum until the sum is paid in full, plus fees for a total … Continue reading