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In February 2019, FINRA former Merrill Lynch, Pierce, Fenner & Smith financial advisor Thomas Buck (CRD# 1024868) to 40 months in prison following a guilty plea to one count of securities fraud in October 2017. Buck was registered with RBC … Continue reading
In February 2019, FINRA barred Former MSI Financial Services, Inc. financial advisor Floyd Powell (CRD# 2220029) related to investment losses due to his recommendations in the Woodbridge Group of Companies, which is now a known Ponzi Scheme. Powell has been … Continue reading
Erez Law is currently investigating Ron Carson (CRD# 1238219), who is head of Carson Wealth Management, regarding excessive fees. Carson Wealth Management is one of the most recognizable names in the financial advisory business. The firm is being sued by … Continue reading
Former National Securities Corporation financial advisor Leonard Mcabee (CRD# 2066347) accused of unauthorized trading in customer accounts. Mcabee has been registered with National Securities Corporation in Lombard, Illinois from 2011 to 2018. Previously, Mcabee was registered with Barron Chase Securities, … Continue reading
Erez Law is currently investigating former Ameritas Investment Corp. financial advisor Kristian Gaudet (CRD# 4190811) regarding fraudulent activities that allegedly involved using client funds for personal use. Gaudet was registered with Ameritas Investment Corp. in Cut Off, Louisiana from 2003 … Continue reading
Erez Law is currently investigating former Wedbush Securities Inc. financial advisor William Heiden (CRD# 2885156) regarding investment losses due to unauthorized trades. Heiden was registered with Wedbush Securities Inc. in Newport Beach, California from 2013 to 2018. In January 2018, … Continue reading
Were you the victim of Coastal Equities, Inc. financial advisor Sam Aziz (CRD# 1721932)? Aziz was registered with David A. Noyes & Company in Dublin, Ohio from July to November 2018, when he was terminated regarding, “While under internal investigation, … Continue reading
Were you the victim of the Woodbridge Group of Companies scheme? The Woodbridge Group of Companies was a southern California luxury real estate developer. It is alleged that unregistered brokers sold unregistered securities in the purchase and sale of securities. … Continue reading
In January 2019, The Securities and Exchange Commission (SEC) filed charges against Phillip Carter, a resident of Texas and real estate developer, as well as Bobby Guess (CRD# 1135068) and Richard Tilford and related entities for conducting a multi-million dollar … Continue reading
Erez Law is currently investigating former PNC Investments financial advisor Robert Jamison (CRD# 5793591) regarding selling unapproved products (also known as selling away). Jamison has been registered with the following brokerage firms during the past few years: PNC Investments in … Continue reading