Over Concentration

Raymond James Financial Services, Inc. broker Steve Reznick (CRD# 1067199) is accused of recommending a speculative investment strategy. Reznick has been registered with Raymond James Financial Services, Inc. in Tallahassee, Florida from 1989 to 2018. According to public records, Reznick recommended his clients over-concentrate their investment portfolios in the pharmaceutical and biotechnology sectors. It is […]

In August 2019, Erez Law filed a FINRA another arbitration against Centaurus Financial, Inc. and J.P. Turner & Company, LLC related to investments with Ricky Mantei (CRD# 1098981) and Cindy Chiellini (CRD# 1015592), who are registered representatives of Centaurus Financial, Inc. in Lexington, South Carolina. Mantei is regarded as the head of this group of […]

There are options for customers of former Laidlaw & Company broker Kevin Wilson (CRD# 3262701) who suffered investment losses. Wilson has been registered with National Securities Corporation in New York, New York since August 2017. Previously, Wilson was registered with Laidlaw & Company (UK) Ltd. in New York, New York from 2010 to 2017. Wilson […]

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 […]

In May 2019, Erez Law filed another FINRA arbitration against Centaurus Financial, Inc. related to investments with Ricky Mantei (CRD# 1098981), Cindy Chiellini (CRD# 1015592) and Katherine Nishnic (CRD# 2499553), who were registered representatives of Centaurus Financial, Inc. in Lexington, South Carolina. According to the claim filed by Erez Law, the clients are a married […]

In April 2019, a former client of Morgan Stanley won an award in a FINRA arbitration for compensatory damages for $415,888, $36,500 in expert witness fees, $2,000 in costs, and $425 for the claim filing fee for a total award of $454,813. The award is related to investment losses due to mismanagement of an investor’s […]

Erez Law is currently investigating former Herbert J. Sims & Co. Inc. financial advisor Alan Applebaum (CRD# 500336) regarding over-concentrating investments in unsuitable structure products. Applebaum has been registered with Aegis Capital Corp. in Boca Raton, Florida since 2015. Previously, Applebaum was registered with Herbert J. Sims & Co. Inc. in Boca Raton, Florida from […]

Centaurus Financial, Inc. financial advisor Dana Hawkins (CRD# 5731136) is alleged to recommend unsuitable structured notes. Hawkins worked alongside Ricky Mantei (CRD# 1098981) and Cindy Chiellini (CRD# 1015592), who were all registered representatives of Centaurus Financial, Inc. in Lexington, South Carolina. Hawkins has been registered with Centaurus Financial, Inc. in Lexington, South Carolina since 2015. […]

Erez Law is currently investigating Raymond James Financial Services, Inc. financial advisor Steve Reznick (CRD# 1067199) regarding investment losses due to sales practice violations. Reznick has been registered with Raymond James Financial Services, Inc. in Tallahassee, Florida from 1989 to 2018. Reznick has been the subject of 12 customer complaints between 1998 and 2018, according […]

Were you the victim of former Merrill Lynch, Pierce, Fenner & Smith financial advisor Giustino Destefano (CRD# 4926924)? Destefano was registered with Securities America, Inc. in Williamsville, New York from 2014 to February 2015, when he was terminated regarding, “failure to follow firms policies.” Previously, he was registered with Merrill Lynch, Pierce, Fenner & Smith […]