Over Concentration

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 […]

Former IBN Financial Services, Inc. financial advisor Anthony Diaz (CRD# 4131948) is alleged to engage in unauthorized trades and over concentrate customer accounts. Diaz was registered with IBN Financial Services, Inc. in Scotrun, Pennsylvania from 2012 to 2015. Previously, he was registered with Sandlapper Securities, LLC in Scotrun, Pennsylvania from March to September 2012, when […]

Were you the victim of Joseph Stone Capital L.L.C. financial advisor Erik Pica (CRD# 4829533) regarding overconcentrated and unsuitable investment recommendations? Pica has been registered with Joseph Stone Capital L.L.C. in New York, New York since 2015. Previously, Pica was registered with Global Arena Capital Corp. in New York, New York from 2012 to 2015. […]

There are options for customers of former Oppenheimer & Co. Inc. financial advisor Royce Simpson (CRD# 1403356) regarding investment losses. Simpson was registered with Oppenheimer & Co. Inc. in Houston, Texas from 2011 to 2014. In March 2015, Simpson was suspended by FINRA for eight months and sanctioned to $15,000 in civil and administrative penalties […]

Did you lose money investing with Morgan Stanley financial advisor Barry Garapedian (CRD# 1039257)? Garapedian has been registered with Morgan Stanley in Westlake Village, California since 2009. Garapedian has been the subject of 14 customer complaints between 1992 and 2018, four of which were denied and one was closed without action, according to his CRD […]

Erez Law is interested in speaking with investors who may have suffered losses due to investments with former Herbert J. Sims & Co. Inc. financial advisor Larry Wolfe (CRD# 502361) regarding over concentrating customer portfolios in structured notes and junk bonds. Wolfe was registered with Stoever, Glass & Company Inc. in Boca Raton, Florida from […]

There are options for customers of Raymond James & Associates financial advisor Thomas O’Brien (CRD# 2282208) who is alleged to engage in unauthorized trading, overconcentration and fraudulent concealment. O’Brien has been registered with Raymond James & Associates, Inc. in Shreveport, Louisiana since 2013. O’Brien has been the subject of four customer complaints between 2006 and […]

Erez Law is currently investigating Garden State Securities, Inc. financial advisor Terry Brodt, Jr. (CRD# 2033812) regarding unsuitable investments, excessive and discretionary trading in customer accounts. Brodt has been registered with Garden State Securities, Inc. in Red Bank, New Jersey since 2010. It is reported that in May 2017, FINRA suspended Brodt for two months […]