Category: Real Estate Investment Trusts Blog
Erez Law is currently investigating Woodbury Financial Services, Inc. financial advisor Robert Ginsberg (CRD# 5177531) regarding losses due to investments in real estate investment trusts (REITs). Ginsberg has been registered with Woodbury Financial Services, Inc. in Wallingford, Connecticut since September … Continue reading
In November 2018, a FINRA arbitration panel awarded eight investors $963,836 for compensatory damages plus $5,000 in costs, $50,000 in attorneys’ fees and the $375 non-refundable filing fee, for a total award of $1,019, 211. The case was regarding unsuitable … Continue reading
Erez Law is currently investigating Ameriprise Financial Services financial advisors across the country regarding unsuitable alternative investments in client portfolios. In October 2018, Ameriprise Financial Services, Inc., based in Minneapolis and with branch offices in New Jersey, agreed to pay … Continue reading
Erez Law is currently investigating former LPL Financial LLC financial advisor Suhail Khan (CRD# 3168241) regarding unsuitable real estate investment trust (REIT) investments as well as those in the high risk energy sector. Khan has been registered with LPL Financial … Continue reading
In August 2018, a FINRA arbitration panel ordered Trustmont Financial Group, Inc. to pay a former client more than $1 million in damages. According to the claim, Trustmont requested $500,000 in damages regarding breach of fiduciary duty, committing fraud and … Continue reading
Erez Law is currently investigating Presidential Brokerage, Inc. financial advisor Jason McBride (CRD# 1875972) regarding unsuitable recommendations with regards to real estate investment trusts (REITs) and limited partnerships. McBride has been registered with Presidential Brokerage, Inc. in Greenwood Village, Colorado … Continue reading
Former IBN Financial Services, Inc. financial advisor Anthony Diaz (CRD# 4131948) is alleged to engage in unauthorized trades and over concentrate customer accounts. Diaz was registered with IBN Financial Services, Inc. in Scotrun, Pennsylvania from 2012 to 2015. Previously, he … Continue reading
Erez Law is currently investigating former Ameritas Investment Corp. financial advisor Michael Arteca (CRD# 4550695) regarding investment losses due to real estate investment trusts (REITs). Arteca has been registered with Pruco Securities, LLC in Uniondale, New York since September 2017. … Continue reading
There are options for customers of former D.H. Hill Securities, LLLP broker Charles Stevens (CRD# 1698058) who suffered investment losses. Stevens was registered with D.H. Hill Securities, LLLP in St. Augustine, Florida from 2006 to 2020. In December 2020, FINRA … Continue reading
In July 2018, the Securities and Exchange Commission (SEC) charged two real estate investment (REIT) funds, which are among those in Texas-based United Development Funding (UDF), and four executives and ordered them to pay $8.2 million in fines and payments … Continue reading