Category: Energy Sector Losses
Erez Law is currently investigating former RBC Capital Markets, LLC financial advisor Lisa J. Lowi (CRD # 1347790) regarding recommendations for speculative and unsuitable investment strategies of high risk “junk” oil and gas bonds tied to the energy sector. Lowi … Continue reading
Erez Law is currently investigating Wedbush Securities Inc. financial advisor Mark Heiden (CRD# 2885156) who recommended his elderly clients invest in unsuitably risky, high-commission energy limited partnerships. Heiden has been registered with Wedbush Securities Inc. in Newport Beach, California since … Continue reading
In October 2017, a former client of RBC Capital Markets, LLC won an award in a FINRA arbitration for compensatory damages for $688,079 for losses sustained from losses suffered due to investments in oil and gas securities. The investors were … Continue reading
Erez Law is currently investigating Raymond James Financial Services, Inc. financial advisor Kenneth Fitzpatrick (CRD# 1850858) regarding unsuitable energy sector investments. Fitzpatrick has been registered with Raymond James Financial Services, Inc. in Toms River, New Jersey since 2009. Former clients … Continue reading
Erez Law is currently investigating former RBC Capital Markets, LLC financial advisor Harold Lauber (CRD# 811265) regarding energy sector losses. Lauber has been registered with Herbert J. Sims & Co. Inc. in Naples, Florida since July 2015. Previously, he was … Continue reading
Erez Law is currently investigating former Fulcrum Securities, LLC financial advisor Athanasios Tomaras (CRD# 2722538) regarding unsuitable recommendations in oil and gas investments. Tomaras has been registered with R. F. Lafferty & Co., Inc. in Oldsmar, Florida since 2015. Previously, … Continue reading
Erez Law is currently investigating Janney Montgomery Scott LLC financial advisor Christopher Sinkula (CRD# 2001512) regarding overconcentration of investments in the high risk energy sector. Sinkula has been registered with Janney Montgomery Scott LLC in Stuart, Florida since 2008. Sinkula … Continue reading
Erez Law continues to investigate former Morgan Stanley financial advisor Edward Barger (CRD# 1360282) regarding a reckless and unsuitable concentration in speculative energy sector investments (see previous post on Barger from February 2017 here). Barger was registered with Morgan Stanley … Continue reading
Erez Law is currently investigating recommendations from brokerage firms across the country who recommended their clients invest in Seadrill Ltd., an offshore deepwater drilling contractor. Seadrill and other oil and gas companies have experienced price fluctuations over the past few … Continue reading
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