Category: Energy Sector Losses
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
In October 2018, a former client of Merrill Lynch, Pierce, Fenner & Smith, Inc. and UBS Financial Services, Inc. settled an award in a FINRA arbitration for compensatory damages and received $70,000 for losses sustained from investments in the high … 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 VSR Financial Services, Inc. broker Scott Kaup (CRD# 1002907) is alleged to have recommended unsuitable high-risk oil and gas and real estate securities. Kaup has been registered with Cetera Advisor Networks LLC in Stuart, Nebraska since 2019. Kaup was … Continue reading
Erez Law is currently investigating Packerland Brokerage Services, Inc. financial advisor Edward Davig (CRD# 841294) regarding high risk oil and gas sector investments. Davig has been registered with Packerland Brokerage Services, Inc. in Holmen, Wisconsin since 2008. Over the past … Continue reading
Erez Law is currently investigating Next Financial Group, Inc. financial advisor Stephen Dellelo (CRD# 2170012) regarding unsuitable investment recommendations. Dellelo has been registered with Next Financial Group, Inc. in South Easton, Massachusetts since 2015. Dellelo has been the subject of … Continue reading
Did your broker recommend you invest in Marcellus Shale Development LP (MDS Energy Development LLC)? MDS Energy Development LLC is located in the heart of the Marcellus Shale fairway. The company sponsors public and private direct participation in oil and … Continue reading
Janney Montgomery Scott LLC broker Christopher Sinkula (CRD# 2001512) is accused of over-concentrating investment portfolios in the high-risk energy sector. Sinkula was registered with Janney Montgomery Scott LLC in Stuart, Florida from 2008 to 2019. Over the past few years, … Continue reading
Erez Law is currently investigating former LPL Financial LLC financial advisor Suhail Khan (CRD# 3168241) regarding unsuitable real estate investment trust (REIT) investments as well as those in the high risk energy sector. Khan has been registered with LPL Financial … Continue reading
Erez Law is investigating former Janney Montgomery Scott, LLC financial advisor Scott Palmer (CRD# 817586) regarding reckless and unsuitable investment recommendations. Palmer was registered with Janney Montgomery Scott, LLC in Hackensack, New Jersey from 2007 to 2017, when he was … Continue reading