Category: Options
In October 2019, a former client of Merrill Lynch Pierce Fenner & Smith Inc. won an award in a FINRA arbitration for compensatory damages for $330,000 for investment losses sustained. FINRA found that the former Merrill Lynch Pierce Fenner & … Continue reading
Former Allegis Investment Services, LLC broker Brandon Stimpson (CRD# 4299623) is accused of unsuitable investment recommendations in options. Stimpson was registered with United Planners’ Financial Services Of America A Limited Partner in Logan, Utah from May to June 2019. Stimpson … Continue reading
Did you lose money investing with former Wells Fargo broker Leonard Kinsman (CRD# 2816535)? According to public records, Kinsman faces a FINRA customer complaint seeking $591,916 in compensatory damages and $1,776,000 in punitive damages, plus costs and lawyers’ fees, for … Continue reading
Erez Law is currently investigating former Morgan Stanley broker Scott Donato (CRD# 2336331) regarding options losses. Donato was registered with Morgan Stanley in Miami, Florida from 2009 to 2017. In March 2019, FINRA barred Donato after he failed to respond … Continue reading
Erez Law recently filed a FINRA arbitration against Raymond James Financial Services on behalf of investors who suffered investment losses due to recommendations from their broker Steven Reznik (CRD #1067199). Reznik was a registered representative of Raymond James Financial Services, … Continue reading
Financial advisors across the country who work at large brokerage firms including Merrill Lynch, Credit Suisse, Morgan Stanley, and UBS, among others, recommended unsuitable Yield Enhancement Strategy (YES strategy) investments that resulted in devastating losses to their clients. Unfortunately, many … Continue reading
Erez Law is interested in speaking with investors who may have suffered losses due to investments with Cambria Capital, LLC financial advisor Jarek Hansen (CRD# 6147219). Hansen has been registered with Cambria Capital, LLC in Salt Lake City, Utah since … Continue reading
Did UBS Financial Services Inc. financial advisor Scott Rosenberg (CRD# 2754292) recommend you unsuitable YES strategy investments? Rosenberg has been registered with UBS Financial Services Inc. in New York, New York since 2015. The YES strategy was marketed as an … Continue reading
Did your broker recommend you invest in Harvest Volatility Management’s Collateral Yield Enhancement Strategy (CYES) investments and not adequately disclose the risk associated with this investment? Brokers across the country who work at large brokerage firms including JP Morgan, Fidelity, … Continue reading
Wells Fargo financial advisor Leonard Kinsman (CRD# 2816535) faces a FINRA customer complaint seeking $591,916 in compensatory damages and $1,776,000 in punitive damages, plus costs and lawyers’ fees for losses sustained from mishandling a widow’s life insurance payout in speculative … Continue reading