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Erez Law is currently investigating former Merrill Lynch, Pierce, Fenner & Smith broker Frank Zito (CRD# 2766336) regarding selling away, which is selling investments outside of the firm’s supervision. Zito has been registered with Coker & Palmer in Jackson, Mississippi … Continue reading
Erez Law is currently investigating former ProEquities, Inc. financial advisor Todd Phillips (CRD# 2948119) regarding recommendations to invest in Future Income Payments, LLC (FIP LLC) and related investments and insurance policies funded by FIP distributions. According to public records, a … Continue reading
Former Independent Financial Group, LLC financial advisor Jon Pariser (CRD# 2755015) was barred by FINRA regarding unauthorized and discretionary trades in customer accounts. Pariser was registered with Independent Financial Group, LLC in Pacific Grove, California from 2014 to May 2018. … Continue reading
In October 2018, a former client of UBS Financial Services, Inc. and UBS Financial Services, Inc. of Puerto Rico won an award in a FINRA arbitration for compensatory damages for $14.9 million plus 5% post-award interest, as well as $3.9 … Continue reading
Former Morgan Stanley financial advisor Kevin Smith (CRD# 1363302) barred by FINRA regarding discretionary trading in customer accounts. Smith was registered with Morgan Stanley in Minneapolis, Minnesota from 2007 to November 2016, when he was terminated regarding, “Allegations related to … Continue reading
Former Comprehensive Asset Management and Servicing, Inc. financial advisor Tamara Steele (CRD# 3227494) is accused of recommending unsuitable investments in Behavioral Recognition Systems (BRS), a Houston, Texas-based software development company that has created the world’s first Behavioral Analytics technology that … Continue reading
Former Corecap Investments, Inc. financial advisor Ernest Romer II (CRD# 2311741) is alleged to defraud at least 30 customers out of $2.7 million. Romer was registered with Corecap Investments, Inc. in Sterling Heights, Michigan from October 2012 to January 2017 … Continue reading
Erez Law is currently investigating former Foresters Equity Services, Inc. financial advisor John Ernst (CRD# 1958252) regarding recommending unsuitable Woodbridge Mortgage investments. Ernst has been registered with Foresters Equity Services, Inc. in San Diego, California from 2011 to March 2018, … Continue reading
Former VSR Financial Services, Inc. broker Scott Kaup (CRD# 1002907) is alleged to have recommended unsuitable high-risk oil and gas and real estate securities. Kaup has been registered with Cetera Advisor Networks LLC in Stuart, Nebraska since 2019. Kaup was … Continue reading
Erez Law is currently investigating financial advisor Henry Wieniewitz (CRD# 4469542) regarding losses sustained from investments in 1st Global. He also goes by Trae Wieniewitz. Wieniewitz was registered with Taylor Capital Management Inc. in Knoxville, Tennessee from 2010 to January … Continue reading