Energy Sector Losses

Former Wells Fargo Brokers Charles Frieda and Charles Lynch Energy Sector Losses

Posted on Wednesday, July 10th, 2019 at 7:02 am    

Did you suffer losses due to investments with Former Wells Fargo brokers Charles Frieda (CRD# 5502319) and Charles Lynch (CRD# 3004877)? The duo are accused of over-concentrating securities in the speculative and high risk energy-sector in their customer account. Frieda and Lynch were partners in business at Wells Fargo. In December 2017, Frieda and Lynch […]

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Former Raymond James & Associates Client Wins FINRA Arbitration for $1.8 Million for Energy Sector Losses

Posted on Wednesday, June 26th, 2019 at 3:50 pm    

In May 2019, a group of former clients of Raymond James & Associates, Inc. won an award in a FINRA arbitration for $1,790,003.17, which included $1.019 in compensatory damages, $200,000 in punitive damages, $422,000 in attorney’s fees, $14,000 in costs, and $31,003.17 in expert witness fees for losses sustained from high risk energy sector losses. […]

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Former Cetera Advisors LLC Broker George Merhoff Has 27 Customer Complaints on Record

Posted on Wednesday, June 26th, 2019 at 3:34 pm    

Former Cetera Advisors LLC broker George Merhoff (CRD# 2918171) was barred by FINRA. Merhoff was registered with Cetera Advisors LLC in Klamath Falls, Oregon from 2012 to April 2019, when he was terminated regarding, “Discharged due to violating firms policies and procedures by making undisclosed payments to a customer of the firm.” In June 2019, […]

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Former Raymond James Clients Wins $1.8 Million FINRA Arbitration for Penny Stock Losses

Posted on Tuesday, May 14th, 2019 at 3:09 pm    

In May 2019, 20 former clients of Raymond James won an award in a FINRA arbitration for compensatory damages for $1.123 million, $200,000 in punitive damages, as well as $422,000 in attorney fees, $14,000 in costs, and $31,003.17 in expert witness fees for losses sustained from investments in penny stocks tied to the high risk […]

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Did You Lose Money Investing in the High-Risk Energy Sector with Newbridge Securities Corporation Financial Advisor John Forrester?

Posted on Monday, April 1st, 2019 at 1:27 pm    

Erez Law is currently investigating Newbridge Securities Corporation financial advisor John Forrester (CRD# 728188) regarding energy sector losses. Forrester has been registered with Newbridge Securities Corporation in Boca Raton, Florida since 2010. According to public records, a former client filed a FINRA arbitration against Newbridge Securities Corporation, alleging misconduct that resulted in financial losses. The […]

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Former Wells Fargo Client Wins FINRA Arbitration for Almost $800,000 for Energy Sector Losses

Posted on Thursday, March 21st, 2019 at 2:53 pm    

In February 2018, a former client of Wells Fargo Clearing Services won an award in a FINRA arbitration for compensatory damages for $750,000, plus 9% interest per annum and $36,600 in witness fees for losses sustained from investments in the high-risk energy sector. The investors were clients of financial advisor Richard DeYoung (CRD# 863849). Respondents […]

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Erez Law Files Claim Against NFP Advisor Services, LLC Financial Advisor Kurt Jackson

Posted on Saturday, March 16th, 2019 at 11:30 am    

Erez Law recently filed a FINRA arbitration against NFP Advisor Services, LLC. Their customer alleges that Kurt Jackson (CRD #2913769) made unsuitable investment recommendations in illiquid investments, including those in the high risk energy sector. According to the filed claim, the widow and mother of two children, entrusted Jackson and NFP with her irreplaceable savings […]

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Geneos Wealth Management Financial Advisor Samuel Monchik Energy Sector Losses

Posted on Friday, February 1st, 2019 at 11:32 am    

Erez Law is currently investigating Geneos Wealth Management financial advisor Samuel Monchik (CRD# 4113886) regarding high risk oil and gas investment losses. Monchik has been registered with Geneos Wealth Management, Inc. in Lancaster, Pennsylvania since 2008. Previously, Monchik was registered with FSC Securities Corporation in Lancaster, Pennsylvania from 2000 to 2008, when he was terminated […]

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Former Investors Capital Corp. Financial Advisor Richard Pittman Energy Sector Losses

Posted on Friday, February 1st, 2019 at 10:37 am    

Erez Law is currently investigating former Investors Capital Corp. financial advisor Richard Pittman (CRD# 2845145) regarding regarding energy sector losses. Pittman has been registered with Cetera Advisors LLC in Memphis, Tennessee since October 2016. Previously, Pittman was registered with Investors Capital Corp. in Memphis, Tennessee from 2000 to 2016. Over the past few years, oil […]

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Cambridge Investment Research, Inc. Financial Advisor Alan Dole Energy Sector Losses

Posted on Friday, February 1st, 2019 at 10:14 am    

Have you suffered investment losses due to investments with Cambridge Investment Research, Inc financial advisor Alan Dole (CRD# 4904989)? Dole has been registered with Cambridge Investment Research, Inc. in Henrico, Virginia since 2011. Over the past few years, oil prices have significantly declined. A supply glut in 2014 and 2015 led to some of the […]

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