Over Concentration

Former Wells Fargo Brokers Charles Frieda and Charles Lynch Energy Sector Losses

Posted on Wednesday, July 10th, 2019 at 7:02 am    

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 […]

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Erez Law Continues to File Cases for Investors Burned by Ricky Mantei, Cindy Chiellini and Centaurus Financial, Inc.

Posted on Tuesday, May 14th, 2019 at 2:57 pm    

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 […]

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Former Morgan Stanley Client Wins FINRA Arbitration for $454,813 for Portfolio Mismanagement and Over-Concentration of Retirement Account

Posted on Wednesday, May 8th, 2019 at 1:09 pm    

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 […]

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Did Former Herbert J. Sims & Co. Inc. Financial Advisor Alan Applebaum Recommend Unsuitable Structured Products?

Posted on Wednesday, May 8th, 2019 at 1:07 pm    

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 […]

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Did Centaurus Financial, Inc. Financial Advisor Dana Hawkins Recommend Unsuitable Structured Products?

Posted on Wednesday, May 8th, 2019 at 1:35 pm    

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. […]

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Raymond James Financial Services, Inc. Financial Advisor Steve Reznick Investment Losses

Posted on Saturday, January 5th, 2019 at 10:33 am    

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 […]

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Erez Law Investigates Former Merrill Lynch, Pierce, Fenner & Smith Financial Advisor Giustino Destefano

Posted on Wednesday, October 3rd, 2018 at 4:30 pm    

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 […]

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How Investors Can Sue Former IBN Financial Services, Inc. Financial Advisor Anthony Diaz for Over Concentration of Investments

Posted on Monday, August 13th, 2018 at 2:32 pm    

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 […]

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How to Bring a Claim Against Joseph Stone Capital L.L.C. Financial Advisor Erik Pica

Posted on Monday, August 13th, 2018 at 2:15 pm    

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. […]

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How to Bring a Claim Against Former Oppenheimer & Co. Inc. Financial Advisor Royce Simpson

Posted on Wednesday, June 27th, 2018 at 7:07 am    

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 […]

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