Oil and Gas

Did You Suffer Linn Energy Losses with Former Stifel, Nicolaus & Company, Incorporated Financial Advisor Andrew Elsoffer?

Posted on Monday, November 12th, 2018 at 2:24 pm    

Former Stifel, Nicolaus & Company, Incorporated financial advisor Andrew Elsoffer (CRD# 2580009) is alleged to recommend unsuitable high risk energy investments. Elsoffer was registered with Stifel, Nicolaus & Company, Incorporated in Pepper Pike, Ohio from 2011 until November 2018. Previously, Elsoffer was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Pepper Pike, Ohio […]

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Former Wells Fargo Client Wins FINRA Arbitration for $360,000 for Energy Sector Losses

Posted on Monday, November 12th, 2018 at 2:00 pm    

In October 2018, a former client of Wells Fargo Advisors, LLC won an award in a FINRA arbitration for compensatory damages for $172,000, $100,000 in punitive damages as well as $68,800 in attorney fees and $20,000 in costs plus interest at the prevailing Florida statutory rate for losses sustained from investments in the high risk […]

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Former Merrill Lynch, Pierce, Fenner & Smith, Inc. and UBS Financial Services, Inc. Client Wins FINRA Arbitration for Energy Sector Losses

Posted on Monday, November 5th, 2018 at 9:47 pm    

In October 2018, a former client of Merrill Lynch, Pierce, Fenner & Smith, Inc. and UBS Financial Services, Inc. settled an award in a FINRA arbitration for compensatory damages and received $70,000 for losses sustained from investments in the high risk energy market. The investors were clients of financial advisor John Lahoud (CRD# 4254835). The […]

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Former Wells Fargo Advisors, LLC Client Wins FINRA Arbitration for Quicksilver Resources Senior Notes Losses

Posted on Thursday, November 1st, 2018 at 10:45 am    

In September 2018, a former client of Wells Fargo Advisors, LLC won an award in a FINRA arbitration for compensatory damages for $75,383.75 plus 10% interest per annum for investment losses in Quicksilver Resources Senior Notes. The investors were clients of financial advisor Raymond Kvalvog (CRD# 1325343). Quicksilver Resources (KWK) is a Fort Worth, Texas-based […]

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Former VSR Financial Services, Inc. Financial Advisor Scott Kaup has $2.6 Million Pending Customer Complaint

Posted on Wednesday, October 17th, 2018 at 5:39 pm    

Former VSR Financial Services, Inc. financial advisor Scott Kaup (CRD# 1002907) is alleged to have recommended unsuitable high risk oil and gas and real estate securities. Kaup has been registered with Summit Brokerage Services, Inc. in Stuart, Nebraska since September 2016. Previously, Kaup was registered with VSR Financial Services, Inc. in Stuart, Nebraska from 1989 […]

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Have You Suffered Energy Sector Losses with Packerland Brokerage Services, Inc. Financial Advisor Edward Davig?

Posted on Friday, September 28th, 2018 at 2:22 pm    

Erez Law is currently investigating Packerland Brokerage Services, Inc. financial advisor Edward Davig (CRD# 841294) regarding high risk oil and gas sector investments. Davig has been registered with Packerland Brokerage Services, Inc. in Holmen, Wisconsin since 2008. Over the past few years, oil prices have significantly declined. A supply glut in 2014 and 2015 led […]

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Next Financial Group, Inc. Financial Advisor Stephen Dellelo Accused of Unsuitable Investment Recommendations

Posted on Saturday, September 22nd, 2018 at 9:54 am    

Erez Law is currently investigating Next Financial Group, Inc. financial advisor Stephen Dellelo (CRD# 2170012) regarding unsuitable investment recommendations. Dellelo has been registered with Next Financial Group, Inc. in South Easton, Massachusetts since 2015. Dellelo has been the subject of one customer complaint, according to his CRD report: November 2017. “Customer alleges between 2007 and […]

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Marcellus Shale Development LP Investment Losses

Posted on Saturday, September 22nd, 2018 at 8:42 am    

Did your broker recommend you invest in Marcellus Shale Development LP (MDS Energy Development LLC)? MDS Energy Development LLC is located in the heart of the Marcellus Shale fairway. The company sponsors public and private direct participation in oil and gas investment partnerships. MDS Energy Development LLC raises money for Reg D private placement offerings, […]

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Did You Suffer Energy Sector Losses with Janney Montgomery Scott LLC Financial Advisor Christopher Sinkula?

Posted on Wednesday, September 12th, 2018 at 10:22 am    

Janney Montgomery Scott LLC financial advisor Christopher Sinkula (CRD# 2001512) accused of over concentrating investment portfolios in the high risk energy sector. Sinkula has been registered with Janney Montgomery Scott LLC in Stuart, Florida since 2008. Over the past few years, oil prices have significantly declined. A supply glut in 2014 and 2015 led to […]

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Were You a Victim of Former LPL Financial LLC Financial Advisor Suhail Khan?

Posted on Wednesday, September 12th, 2018 at 9:02 am    

Erez Law is currently investigating former LPL Financial LLC financial advisor Suhail Khan (CRD# 3168241) regarding unsuitable real estate investment trust (REIT) investments as well as those in the high risk energy sector. Khan has been registered with LPL Financial LLC in Chicago, Illinois from May 2013 to April 2017. Over the past few years, […]

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