Misappropriated Funds

Investigation of Commonwealth Financial Network Broker Benjamin Bourgeois

Posted on Wednesday, July 10th, 2019 at 7:06 am    

Were you the victim of Commonwealth Financial Network broker Benjamin Bourgeois (CRD# 2145555)? Bourgeois was registered with Commonwealth Financial Network in Metairie, Louisiana from 2015 to April 2019, when he was terminated regarding, “Borrowing money from a customer in violation of FINRA Rule 3240 and Firm policy.” Previously, Bourgeois was registered with LPL Financial LLC […]

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Former LPL Financial LLC Broker James Bylenga Barred by FINRA

Posted on Tuesday, July 9th, 2019 at 8:23 pm    

Erez Law is interested in speaking with investors who may have suffered losses due to investments with former LPL Financial LLC broker James Bylenga (CRD# 705143). Bylenga was registered with LPL Financial LLC in Portage, Michigan from 2016 to 2018 and previously with Comerica Securities in Kalamazoo, Michigan from 2009 to 2016. In April 2019, […]

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Former HD Vest Investment Services Financial Advisor Erin Verespy Barred by FINRA for Misusing Customer Funds

Posted on Monday, June 10th, 2019 at 1:23 pm    

Erez Law is currently investigating former HD Vest Investment Services financial advisor Erin Verespy (CRD# 2727866) regarding misuse and misappropriation of customer funds. Verespy was registered with HD Vest Investment Services in Trumbull, Connecticut from 1998 to 2019. In April 2019, FINRA barred Verespy after she consented to the sanction and to the entry of […]

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Securities America, Inc. Faces $18 Million Lawsuit For Former Financial Advisor Hector May Ponzi Scheme

Posted on Friday, April 12th, 2019 at 12:46 pm    

Securities America Inc. faces a $18 million lawsuit for compensatory damages for losses sustained by a former client of the firm and former financial advisor Hector May (CRD# 323779) related to losses sustained from involvement in a Ponzi scheme. According to May’s BrokerCheck profile, “Plaintiffs allege that from 2001 to March, 2018, the representative misappropriated […]

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Former Royal Alliance Associates, Inc. Client Wins $2.6 Million FINRA Arbitration

Posted on Thursday, February 21st, 2019 at 8:02 am    

In January 2019, a former client of Royal Alliance Associates, Inc. won an award in a FINRA arbitration for compensatory damages for $2,113,665, as well as $15,277.55 in cost, $500,000 in attorneys’ fees and $1,200 for the non-refundable filing fee for losses sustained from investment losses due to misappropriated funds. The investors were clients of […]

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Santa Fe Gold Corporation Losses with Former HD Vest Investment Services Financial Advisor Thomas Laws

Posted on Saturday, January 5th, 2019 at 10:42 am    

Erez Law is currently investigating former HD Vest Investment Services financial advisor Thomas Laws (CRD# 4494448) regarding losses associated with Santa Fe Gold Corporation. Laws was registered with HD Vest Investment Services in Silver City, New Mexico from 2006 to 2017. In November 2018, The United States Securities and Exchange Commission (SEC) alleged that Laws […]

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Former Madison Avenue Securities, LLC Financial Advisor David Barber Barred by FINRA

Posted on Saturday, September 22nd, 2018 at 9:41 am    

Erez Law is interested in speaking with investors who may have suffered losses due to investments with former Madison Avenue Securities, LLC financial advisor David Barber (CRD# 1165082). Barber was registered with Madison Avenue Securities, LLC in San Diego, California from March 2015 to January 2018. Previously, he was registered with First Midwest Securities, Inc. […]

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Were You A Ponzi Scheme Victim with Former UBS Financial Services Inc. Financial Advisor John MacColl?

Posted on Saturday, September 22nd, 2018 at 9:23 am    

Erez Law is currently investigating former UBS Financial Services Inc. financial advisor John MacColl (CRD# 839441) regarding losses sustained from a Ponzi-like scheme that bilked at least 15 investors out of $4 million. MacColl was registered with UBS Financial Services Inc. in Birmingham, Michigan from 2006 to March 2018, when he was terminated regarding, “FA […]

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Former TransAmerica Financial Advisors, Inc. Financial Advisor Daniel Glick Accused of Scamming Elderly Clients out of Millions of Dollars

Posted on Saturday, August 25th, 2018 at 8:48 am    

Were you the victim of the ponzi scheme orchestrated by former TransAmerica Financial Advisors, Inc. financial advisor Daniel Glick (CRD# 2175655)? Glick was registered with TransAmerica Financial Advisors, Inc. in Orland Park, Illinois from 2012 to 2014, when he was terminated regarding, “TFA found Mr. Glick failed to disclose to the firm his entrance into […]

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Former Royal Alliance Associates, Inc. Financial Advisor Kimberly Kitts Has $2 Million Customer Complaint

Posted on Saturday, August 4th, 2018 at 6:31 am    

Erez Law is currently investigating former Royal Alliance Associates, Inc. financial advisor Kimberly Kitts (CRD# 2768200) regarding misappropriated funds. Kitts was registered with Royal Alliance Associates, Inc. in Palmer, Massachusetts from 2004 to November 2017, when she was terminated regarding, “Correspondence was received from a client’s attorney alleging a conversion or misappropriation of funds.” In […]

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