Misrepresentation and Omissions

There are options for clients who suffered investment losses due to recommendations by Raymond James & Associates, Inc. broker Robert Jamail Sr. (CRD# 1877838). Jamail has been registered with Raymond James & Associates, Inc. in Houston, Texas since 2013.  Jamail has been the subject of two customer complaints between 2010 and 2020, according to his […]

In May 2020, Morgan Stanley agreed to pay a $5 million penalty to settle with the Securities and Exchange (SEC), which charged the brokerage firm with providing misleading information to its clients in regard to trade execution services and transaction fees related to retail wrap fee programs. The $5 million settlement will be distributed to […]

Erez Law is currently investigating Catalyst Capital Advisors, LLC president and chief executive officer (CEO) Jerry Szilagyi (CRD# 1156349) regarding Catalyst Hedged Futures Strategy Fund investment losses. Szilagyi has been registered with Alt Fund Distributors LLC in New York, New York since 2015. In January 2020, the Securities and Exchange Commission (SEC) sanctioned Szilagyi to […]

Erez Law is currently investigating former Osprey Partners LLC broker Larry Cohen (CRD# 3191796) regarding real estate security losses. Cohen has been registered with Aegis Capital Corp. in New York, New York since 2018. Previously, Cohen was registered with Osprey Partners LLC in Westport, Connecticut from 2016 to 2017 and prior to that with Paulson […]

Cuso Financial Services, L.P. broker Gerald Coyne (CRD# 4589061) was recently barred by FINRA. Coyne has been registered with Cuso Financial Services, L.P. in Harrisburg, Pennsylvania from 2011 to 2018 and previously with Community Investment Services, Inc. in Jermyn, Pennsylvania from 2006 to 2011. In December 2019, FINRA barred Coyne after he refused to appear […]

Were you the victim of former Worden Capital Management LLC broker John Calardo (CRD# 6063938)? Calardo was registered with Four Points Capital Partners LLC in New York, New York from 2017 to 2018, with Worden Capital Management LLC in New York, New York from 2016 to 2017, and with Legend Securities, Inc. in New York, […]

Erez Law is currently investigating Berthel, Fisher & Company Financial Services, Inc. broker Gordon Roberts Jr. (CRD# 1474475) regarding investment losses. Roberts has been registered with Berthel, Fisher & Company Financial Services, Inc. in Mt. Vernon, Illinois since 2008. Roberts has been the subject of four customer complaints between 2002 and 2019, according to his […]

Stifel, Nicolaus & Company, Incorporated broker John Russell (CRD# 728702) faces a customer complaint about investment losses. Russell has been registered with Stifel, Nicolaus & Company, Incorporated in Clayton, Missouri since 1988. Russell has been the subject of three customer complaints between 2007 and 2018, one of which was denied, according to his CRD report: […]

In June 2019, a former client of Cadaret, Grant & Co., Inc. won an award in a FINRA arbitration for compensatory damages for $1,462,000, plus 9% per annum, for losses sustained from investments with broker Steven Pagartanis (CRD# 1958879). The causes of action included misrepresentation, omission, failure to supervise and breach of fiduciary duty. The […]

Were you the victim of former Northwestern Mutual Investment Services, LLC broker Manish Shah (CRD# 4652835)? Shah was registered with Northwestern Mutual Investment Services, LLC in Princeton, New Jersey from 2003 to April 2019, when he was terminated regarding, “Representative was discharged, while under internal review for violating firm policy by borrowing money from a […]