There are options for clients of former LPL Financial LLC broker James Couture (CRD# 4406284) who suffered investment losses. He was registered with LPL Financial LLC in Worcester, Massachusetts, from 2009 to 2020, when he was terminated regarding “Altered identifying … Continue reading
Erez Law recently filed a FINRA arbitration against Benjamin F. Edwards & Company Inc. related to investment losses with broker Thomas Kintz (CRD #2667817), who has been a registered representative of Benjamin F. Edwards & Company Inc. in Boynton Beach, … Continue reading
Did you lose money investing with Classic, LLC broker Douglas Schmitz (CRD# 1771132)? Schmitz has been registered with Classic, LLC in Fargo, North Dakota since 2012 and with Classic Asset Management, LLC in North Fargo, North Dakota since 2006. Schmitz … Continue reading
Erez Law is currently investigating former Ameriprise Financial Services, LLC broker Arthur Hoffman (CRD# 3193754) regarding a fraudulent Ponzi scheme. He was registered with Ameriprise Financial Services, LLC in Glendale, Arizona from 2016 to 2020, when he was terminated regarding, … 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 brokers across the country who recommended their clients invest in leveraged exchange-traded funds (ETFs), following significant declines when the market crashed due to the COVID-19 pandemic (the coronavirus of the winter and spring of 2020). … Continue reading
In February 2020, the Securities and Exchange Commission (SEC) ordered Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network to pay $35 million for harm to investors, related to charges that Wells Fargo failed to reasonably supervise investment advisers … Continue reading
Erez Law is currently investigating Independent Financial Group, LLC broker Jeffrey Nesseth (CRD# 1983482) regarding unsuitable real estate investment trust (REIT) losses. Nesseth has been registered with Independent Financial Group, LLC in Plano, Texas since 2011. REITs are types of … Continue reading
Erez Law is currently investigating Kalos Capital, Inc. broker Darren Kubiak (CRD# 1239086) regarding leveraged and inverse exchange traded funds (LIETFs) as well as investment losses due to unsuitable GPB Capital Holdings recommendations. Kubiak has been registered with Kalos Capital, … Continue reading