Category: Unsuitability
Erez Law recently filed a FINRA arbitration against Cetera Advisors, LLC. The former Cetera Advisors, LLC customer alleges that the Mansfield, Texas-based firm recommended a reckless and unsuitable strategy of dangerously concentrating the client’s irreplaceable retirement savings in a small … Continue reading
Erez Law is currently investigating Raymond James Financial Services, Inc. financial advisor Ramesh Madhusudan (CRD# 5389923) regarding unsuitability, breach of fiduciary duty and churning in customer accounts, among other securities violations. Madhusudan has been registered with Raymond James Financial Services, … Continue reading
Erez Law is currently investigating Wells Fargo financial advisor Alan Rose (CRD# 1157972) regarding unsuitable recommendations related to Puerto Rico bonds. Rose has been registered with Wells Fargo in Melville, New York since 2013. Rose has been the subject of … Continue reading
Erez Law is currently investigating former Morgan Stanley financial advisor Anthony Ferrone (CRD# 1192506) regarding unsuitable trading of unit investment trusts (UITs). Ferrone has been registered with Ameriprise Financial Services, Inc. in Paramus, New Jersey from September 2016 to April … Continue reading
Erez Law is currently investigating former Aegis Capital Corp. financial advisor Shadi Barakat (CRD# 5031281) regarding excessive trading and unsuitable investment recommendations. Barakat has been registered with Spartan Capital Securities, LLC in New York, New York since May 2017. Previously, … Continue reading
Erez Law is currently investigating former Meyers Associates, L.P. financial advisor John Telfer (CRD# 1099745) regarding losses sustained from penny stock sales. Telfer was registered with the following firms during the past few years: Meyers Associates, L.P. in New York, … Continue reading
Erez Law is currently investigating First Kentucky Securities Corporation financial advisor William Fenwick Jr. (CRD# 1547907) regarding unsuitable activities. Fenwick has been registered with First Kentucky Securities Corporation in Louisville, Kentucky since 2005. Fenwick has been the subject of three … Continue reading
Erez Law is currently investigating former WFG Investments, Inc. financial advisor Tim Couch (CRD# 4073942) regarding unsuitable recommendations, misrepresentations and high frequency trading in customer accounts. Couch has been registered with Dempsey Lord Smith, LLC in Dawsonville, Georgia since August … Continue reading
Erez Law is currently investigating Prospera Financial Services, Inc. financial advisor John Crook (CRD# 2715424) regarding unauthorized and unsuitable trades, churning and excessive commissions and negligence. Crook has been registered with Prospera Financial Services, Inc. in Macon, Georgia since 2015. … Continue reading
Erez Law is currently investigating former Cetera Advisor Networks LLC financial advisor Mark Koehler (CRD# 2873947) regarding unsuitable trades in senior customer accounts. Koehler was registered with Kovack Securities Inc.in Chadds Ford, Pennsylvania from March 2015 to June 2017. Previously, … Continue reading