Category: Mutual Funds Articles
In December 2020, the Securities and Exchange Commission (SEC) settled charges with Voya Financial Advisors, Inc. regarding the firm’s “disclosure failures and misleading statements to clients regarding investment advice it gave about mutual funds, illiquid alternative investments and cash sweep … Continue reading
Were you the victim of Berthel, Fisher & Company Financial Services, Inc. broker Robyn Simons (CRD# 1538638)? Simons was registered with Berthel, Fisher & Company Financial Services, Inc. in Layton, Utah from 2008 to 2017. Simons has been the subject … Continue reading
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
Former RBC Capital Markets, LLC broker Frank Nickey (CRD# 4287405) faces a customer complaint for Puerto Rico Bonds and master limited partnership (MLP) investment losses. Nickey has been registered with Cuso Financial Services, L.P. in Newport News, Virginia since August … Continue reading
In December 2021, FINRA sanctioned Transamerica Financial Advisors $8.8 million over unsuitable sales of mutual funds, variable annuities, and 529 savings plans. The settlement included $4.4 million restitution and a $4.4 million fine to 2,400 affected customers. FINRA found that … Continue reading
Erez Law is investigating David Lerner Associates brokers across the country who recommended their clients invest in Spirit of America Fund. It is alleged that David Lerner Associates brokers recommended their clients invest in mutual funds that invested almost entirely … Continue reading
In December 2020, FINRA sanctioned Transamerica Financial Advisors, Inc. $8.8 million for supervisory violations related to variable annuities, mutual funds and 529 plans; this includes $4.4 million in restitution to 2,400 customers and a $4.4 million fine. According to FINRA, … Continue reading
Erez Law is currently investigating Cetera Advisor Networks LLC broker Michael Bell (CRD# 1130667) regarding mutual fund losses. Bell has been registered with Cetera Advisor Networks LLC in Draper, Utah and Murray, Utah since 1996. Bell has been the subject … Continue reading
There are options for clients of Tembion Capital Management, LLC broker Mark Jensen (CRD# 2748816) who suffered investment losses in LJM Capital Preservation and Growth Fund. Jensen has been registered with Tembion Capital Management, LLC in Sante Fe, New Mexico … Continue reading
Were you the victim of Kestra Investment Services, LLC broker Stephen Curry (CRD# 5207046)? Curry has been registered with Kestra Investment Services, LLC in Lake Forest, Illinois since 2007. Curry has been the subject of one customer complaint, according to … Continue reading