In September 2017, a former client of J.J.B. Hilliard, W.L. Lyons, LLC won an award in a FINRA arbitration for compensatory damages for $450,000 and $94,150 in punitive damages and $18,399 in costs for losses sustained from over the concentration … Continue reading
Erez Law is currently investigating SII Investments financial advisors who overconcentrated customer accounts in non-traded real estate investment trusts (REITs). In September 2017, the Enforcement Section of the Massachusetts Securities Division of the Office of the Secretary of the Commonwealth … Continue reading
Erez Law is currently investigating former Meyers Associates, L.P. financial advisor John Telfer (CRD# 1099745) regarding losses sustained from penny stock sales. Telfer was registered with the following firms during the past few years: Meyers Associates, L.P. in New York, … Continue reading
Erez Law is currently investigating First Kentucky Securities Corporation financial advisor William Fenwick Jr. (CRD# 1547907) regarding unsuitable activities. Fenwick has been registered with First Kentucky Securities Corporation in Louisville, Kentucky since 2005. Fenwick has been the subject of three … Continue reading
Erez Law is currently investigating broker-deal Spencer Edwards, Inc. financial advisors regarding participating in unregistered securities. Spencer Edwards, Inc. is a broker-dealer located in Centennial, Colorado. In March 2017, FINRA fined Spencer Edwards, Inc. $707,000 and suspend them with respect … Continue reading
Erez Law is currently investigating Cabot Lodge Securities LLC financial advisor Robert Tweed (CRD# 2339324) regarding losses from a pooled investment fund. Tweed has been registered with Cabot Lodge Securities LLC in San Marino, California since 2015. Previously, he was … Continue reading
Erez Law is currently investigating former G.F. Investment Services, LLC financial advisor Richard Martin (CRD# 723309) regarding non-traditional ETFs. Martin was registered with G.F. Investment Services, LLC in Penang, Florida from July 2009 to April 2014 and from April 2014 … Continue reading
Erez Law is currently investigating former Morgan Stanley financial advisor Peter Doyle (CRD# 2370593) regarding the use of trading discretion in a customer’s account. Doyle was registered with Morgan Stanley in Washington, DC from 2009 to 2016, when he was … Continue reading
Erez Law is currently investigating PTX Securities, LLC financial advisor Terry Harvey (CRD# 2364966) regarding losses in the oil and gas sector. Harvey has been registered with PTX Securities, LLC in Plano, Texas since 2012. Many oil and gas companies … Continue reading
Erez Law is currently investigating former Colorado Financial Service Corporation financial advisor Tracy Turner (CRD# 1385745) regarding private securities transactions in saltwater disposal well facilities (SWDs). Turner was registered with Colorado Financial Service Corporation in Carlsbad, California from 2012 to … Continue reading