Erez Law recently filed a FINRA arbitration claim against Raymond James & Associates, Inc. on behalf of a retired customer who suffered losses due to investments in securities sold to him by Raymond James & Associates, Inc. in Biscayne Capital … Continue reading
In October 2019, Robert Shapiro, the former CEO of Woodbridge Group of Companies, was sentenced to 25 years in prison. In August 2019, Shapiro pled guilty to tax evasion and running a $1.3 billion fraud that caused more than 9,000 … Continue reading
Were you the victim of former LPL Financial LLC broker James Booth (CRD# 1906145)? It is alleged that Booth stole funds from several customers during a five-year period through May 2019. Booth was registered with LPL Financial LLC in Norwalk, … Continue reading
In May 2019, the Securities and Exchange Commission (SEC) announced it obtained a court order halting an ongoing $30 million Ponzi scheme that targeted more than 300 investors in the U.S. and Canada. The south Florida-based Argyle Coin, LLC, was … Continue reading
In July 2019, it was reported that one of GPB Capital Holdings’ David Rosenberg, a former business partner and chief executive of Prime Automotive Group, filed a case against the firm, alleging serious financial misconduct. The report alleged that GPB … Continue reading
Former MML Investors Services, LLC broker Oscar Francis (CRD# 5094722) is alleged to recommend unsuitable investments in GPB Capital Holdings. Francis was registered with MML Investors Services, LLC in Ft Lauderdale, Florida from 2008 to 2017, when he was terminated … Continue reading
Former MSI Financial Services, Inc. broker Floyd Powell (CRD# 2220029) is alleged to recommend his clients invest in the Woodbridge Group of Companies, now a known Ponzi Scheme. In February 2019, FINRA barred Powell regarding investment losses due to his … Continue reading
Former Sagepoint Financial, Inc. financial advisor Christopher Dougherty (CRD# 2974523) was charged by the Securities and Exchange Commission (SEC) with running a $7 million Ponzi scheme. Dougherty was registered with Sagepoint Financial, Inc. in San Diego, California from 2005 to … Continue reading
Barred former Independent Financial Group, LLC broker Jon Pariser (CRD# 2755015) is accused of running a Ponzi scheme. He was registered with Independent Financial Group, LLC in Pacific Grove, California from 2014 to May 2018. Previously, he was registered with … Continue reading
Erez Law is currently investigating former RP Capital LLC broker Aaron Maurer (CRD# 3007121) regarding Aequitas investment losses, a Ponzi scheme. Aaron Maurer was registered with Ascendant Alternative Strategies, LLC in Austin, Texas from June 2018 to December 2019. Previously, … Continue reading