Author: Jeff Erez
Have you suffered losses due to investment recommendations made by former Herbert J. Sims & Co. Inc. financial advisor Laurence Greene (CRD# 604082) regarding unsuitable oil and gas securities and Puerto Rico bond recommendations? Greene has been registered with Herbert … Continue reading
Erez Law is currently investigating Aegis Capital Corp. financial advisor Charles Poulin (CRD# 6229037) regarding unsuitable investment recommendations. Poulin has been registered with Aegis Capital Corp. in New York, New York since 2014. Poulin has been the subject of one … Continue reading
In September 2018, a former client of UBS Financial Services Inc. settled a FINRA arbitration for $1.5 million for losses sustained from investment in VelocityShares 3x Long Crude ETN and Valeant Pharmaceutical International, Inc. The investor was a client of … Continue reading
In September 2018, a former client of Cambridge Investment Research, Inc. won an award in a FINRA arbitration for compensatory damages for $41,270.44 plus 2% interest for losses sustained from investments in LJM Preservation and Growth Fund. The investors were … Continue reading
In September 2018, a former client of Wells Fargo Advisors, LLC won an award in a FINRA arbitration for compensatory damages for $75,383.75 plus 10% interest per annum for investment losses in Quicksilver Resources Senior Notes. The investors were clients … Continue reading
Former UBS Financial Services Inc. financial advisor Alex Herrera (CRD# 3204779) barred by FINRA regarding unreported outside business activities and private securities transactions. Herrera was registered with UBS Financial Services Inc. in Coral Gables, Florida from 2012 to 2018. In … Continue reading
Erez Law is currently investigating former Raymond James Financial Services financial advisor Steve Reznik (CRD# 1067199) regarding recommendations and/or unauthorized purchases of risky biotech stocks such as: Achaogen, Acadia Pharmaceuticals, Celgene, Clovis, Gilead Sciences, and Ziopharm Oncology. Erez Law is … Continue reading
Erez Law is currently investigating former Merrill Lynch, Pierce, Fenner & Smith broker Frank Zito (CRD# 2766336) regarding selling away, which is selling investments outside of the firm’s supervision. Zito has been registered with Coker & Palmer in Jackson, Mississippi … Continue reading
Erez Law is currently investigating former ProEquities, Inc. financial advisor Todd Phillips (CRD# 2948119) regarding recommendations to invest in Future Income Payments, LLC (FIP LLC) and related investments and insurance policies funded by FIP distributions. According to public records, a … Continue reading
Former Independent Financial Group, LLC financial advisor Jon Pariser (CRD# 2755015) was barred by FINRA regarding unauthorized and discretionary trades in customer accounts. Pariser was registered with Independent Financial Group, LLC in Pacific Grove, California from 2014 to May 2018. … Continue reading