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Erez Law is currently investigating LPL Financial LLC financial advisor Charles Fackrell (CRD# 5369665) regarding securities fraud and involvement in a $1.4 million Ponzi scheme. Fackrell was registered with LPL Financial in Yadkinville, North Carolina from 2010 to 2014. In … Continue reading
Erez Law is currently investigating former Merrill Lynch, Pierce, Fenner & Smith Incorporated financial advisor Thomas Buck (CRD# 1024868) regarding false representations and omissions to clients regarding fees and commissions charged in their accounts and unauthorized trades in client accounts … Continue reading
In October 2017, a former client of David Lerner Associates, Inc. won an award in a FINRA arbitration for compensatory damages for $205,497 for losses sustained due to investments in unsuitable Puerto Rico bonds. The investors were clients of financial … Continue reading
In October 2017, a former client of Stifel, Nicolaus & Company, Inc. won an award in a FINRA arbitration for compensatory damages for $90,000 for losses sustained from investments in the high risk energy sector and other investments. The investors … Continue reading
Erez Law is currently investigating LPL Financial LLC financial advisors across the country regarding excessive amounts of alternative investments in client portfolios. In October 2017, the State of New Jersey, Bureau of Securities fined LPL Financial LLC $950,000 and ordered … Continue reading
Erez Law is currently investigating brokerage firms across the United States and Puerto Rico who recommended their clients invest in unsuitable Puerto Rico bonds. Puerto Rico suffers from long-term financial and economic deficiencies that rendered its credit increasingly more speculative. … Continue reading
Erez Law is currently investigating Raymond James Financial Services, Inc. financial advisor Kenneth Fitzpatrick (CRD# 1850858) regarding unsuitable energy sector investments. Fitzpatrick has been registered with Raymond James Financial Services, Inc. in Toms River, New Jersey since 2009. Former clients … Continue reading
Erez Law is currently investigating Wells Fargo Clearing Services, LLC financial advisor Jeffrey Mischel (CRD# 1374486) regarding customer complaints alleging misrepresentations related to Puerto Rico municipal bond purchases. Mischel has been registered with Wells Fargo Clearing Services, LLC in Carlsbad, … Continue reading
Erez Law is currently investigating LPL Financial LLC financial advisor Thomas Oliphint (CRD# 1172870) regarding outside business activities. Oliphint was registered with LPL Financial LLC in San Antonio, Texas from 2006 until December 2016 after he was terminated regarding, “Violation … Continue reading
Erez Law is currently investigating The GMS Group financial advisor Scott Rosenberg (CRD# 2780504) regarding recommending unsuitable and high risk Puerto Rico bonds. Rosenberg has been registered with The GMS Group in Boca Raton, Florida since 2000. Puerto Rico suffers … Continue reading