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Erez Law is currently investigating former PFS Investments Inc. financial advisor Barkley JW Lundy Jr. (aka Mike Lundy Jr.) (CRD# 2260127) regarding a $4.2 million Ponzi-like scheme. Lundy was registered with PFS Investments Inc. in Rapid City, South Dakota from … Continue reading
Erez Law is currently investigating First Kentucky Securities Corp. financial advisors who recommended investment portfolios concentrated in the high risk energy sector. Recently, a former Louisville, Kentucky-based First Kentucky Securities Corp. customer alleged that she suffered losses due to an … Continue reading
Erez Law is currently investigating Wunderlich Securities, Inc. financial advisor Ralph E. DeRose (CRD# 721488) regarding over concentration in high risk oil and gas investments. DeRose has been registered with Wunderlich Securities, Inc. in Beachwood, Ohio since 2010. In April … Continue reading
Erez Law is currently investigating David Lerner Associates, Inc. financial advisor Robert Spencer Cavanagh (CRD# 1494481) regarding losses to due unsuitable Puerto Rico bonds. Cavanagh has been registered with David Lerner Associates, Inc. in Syosset, New York since 1990. According … Continue reading
Erez Law is currently investigating Next Financial Group, Inc. financial advisor Dion Rey Padilla (CRD# 4432230) regarding misrepresentations regarding the sale of variable annuities. Padilla was registered with Next Financial Group, Inc. San Antonio, Texas from 2006 to 2017. FINRA … Continue reading
Erez Law is currently investigating former Foothill Securities, Inc. financial advisor Kevin Paul Hudak (CRD# 4439153) regarding use of non-authentic customer signatures for customer transactions. Hudak was registered with Foothill Securities, Inc. in Albuquerque, New Mexico from 2014 to 2015. … Continue reading
Erez Law is currently investigating former Western International Securities, Inc. founder, majority owner, and CEO Dawn Bennett (CRD# 1567051) regarding inflating managed assets and exaggerating investment returns for customers. Bennett was registered with Western International Securities, Inc. Washington, DC from … Continue reading
In February 2017, a former Sigma Financial Corporation and Sigma Planning Corporation client won an award in a FINRA arbitration for compensatory damages in the amount of $295,000 for unsuitable sales of leveraged exchange-traded funds (ETFs) and failure to execute … Continue reading
Erez Law is currently investigating former Citizens Securities, Inc. financial advisor Adam Stuart Fritzsche (CRD# 2821218) regarding unsuitable and overconcentrated investment recommendations. Fritzsche was registered with IFS Securities in Atlanta, Georgia from October 2016 to February 2017. Previously Fritzsche was … Continue reading
Erez Law is currently investigating Dougherty & Company LLC financial advisor Michael Timothy Dolan (CRD# 1209079) regarding outside business activities. Dolan has been registered with Dougherty & Company LLC in Minneapolis, Minnesota since 1997. In December 2016, Dolan was named … Continue reading