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Erez Law is currently investigating Foothills Securities, Inc. (CRD# 1027) in Santa Clara, California regarding its failure to establish a reasonable supervisory system and procedure concerned the sale of non-liquid Real Estate Investment Trusts (REITs) in amounts that exceeded the … Continue reading
Erez Law recently filed a FINRA claim against Wells Fargo financial advisor Jose Antonio Vidal (CRD# 2858442) regarding unsuitable investments between 2009 through 2016. Vidal has been registered with Wells Fargo in Coral Gables, Florida since 2009 and was previously … Continue reading
Erez Law is currently investigating former Oppenheimer & Co., Inc. and Cetera Advisors, LLC financial advisor Abraham Heimann (CRD# 1315922) regarding unsuitability and unauthorized trades. Heimann was registered with Cetera Advisors in Alpharetta, Georgia from 2013 to 2016 and with … Continue reading

Erez Law is investigating customer complaints against brokerage firms across the United States for improper sales practices and unsuitable investment recommendations with regards to Ridgewood Energy Funds. Ridgewood Energy is an energy-focused private equity firm with offices in Houston and … Continue reading

Erez Law is currently investigating David Lerner Associates, Inc. (CRD# 5397) financial advisors regarding recommendations for investments in Puerto Rico bonds to its clients across the country. The Miami based law firm believes that David Lerner Associates brokers sold unsuitable … Continue reading
In March 2017, a UBS Financial Services customer won an award in a FINRA arbitration for compensatory damages in the amount of $3.9 million plus $442,000 in attorneys’ fees and $61,500 in costs from losses sustained in Puerto Rico municipal … Continue reading

In February 2017, a former UBS Financial Services, Inc. client won an award in a FINRA arbitration for compensatory damages in the amount of $7.98 million plus punitive damages in the amount of $1 million plus interest for losses sustained … Continue reading
Erez Law is currently investigating Purshe Kaplan Sterling Investments financial advisor Gopi Krishna Vungarala regarding excessive sales charges on the purchase of non-traded Real Estate Investment Trusts (REITs) and Business Development Companies (BDCs). Vungarala was registered with Purshe Kaplan Sterling … Continue reading

Erez Law is currently investigating Wells Fargo financial advisor Daniel Fain (CRD# 500386) regarding overconcentrated and unsuitable investments. Fain has been registered with Wells Fargo in Boca Raton, Florida since 2003. In one recent case of broker misconduct, two retired … Continue reading
Erez Law is currently investigating Morgan Stanley financial advisors across the country on behalf of customers who experienced losses due to unsuitable investments in inverse exchange-traded funds (inverse ETFs). Inverse ETFs use short selling and other advanced investment techniques to … Continue reading