Global Credit Recovery Losses with Former Park Avenue Securities Broker John Howley?
Posted on Monday, August 19th, 2019 at 8:05 pm
Erez Law is currently investigating former Park Avenue Securities broker John Howley (CRD# 2229244) regarding Global Credit Recovery losses. Howley has been registered with Park Avenue Securities in Rumson, New Jersey from 1999 to 2018, when he was terminated regarding, “Violated Firm’s rules by (i) failing to disclose private securities transactions and (ii) referring of […]
GPB Capital Holdings Faces Class Action Lawsuit For Investor Losses
Posted on Monday, August 12th, 2019 at 2:17 pm
In August 2019, it was reported that a group of investors GPB Capital Holdings faces a potential class-action lawsuit from disgruntled investors seeking financial information about its funds. The complaint alleges that GPB Capital Holdings breached its fiduciary duty because it has not given its investors annual audited financial statements. GPB Capital Holdings is a […]
GPB Capital Holdings Business Partner Filed Case Alleging Serious Financial Misconduct
Posted on Wednesday, August 7th, 2019 at 8:10 pm
In July 2019, it was reported that one of GPB Capital Holdings’ David Rosenberg, a former business partner and chief executive of Prime Automotive Group, filed a case against the firm, alleging serious financial misconduct. The report alleged that GPB Capital Holdings tried to push Rosenberg out after he complained to the Securities and Exchange […]
GPB Capital Holdings Losses with Former MML Investors Services, LLC Broker Oscar Francis
Posted on Monday, July 29th, 2019 at 2:40 pm
Former MML Investors Services, LLC broker Oscar Francis (CRD# 5094722) is alleged to recommend unsuitable investments in GPB Capital Holdings. Francis was registered with MML Investors Services, LLC in Ft Lauderdale, Florida from 2008 to 2017, when he was terminated regarding, “Terminated in connection with an investigation into an undisclosed outside business activity, potential selling […]
Lost Money with Woodbridge Group of Companies?
Posted on Saturday, July 20th, 2019 at 8:33 pm
In May 2019, the Securities and Exchange Commission (SEC) widened its case against Woodbridge Securities to now include 16 additional unlicensed individuals and financial firms who are charged with selling unregistered securities. The SEC seeks permanent injunction and disgorgement of ill-gotten gains and unspecified civil penalties. According to the SEC, the 16 individuals raised $183 […]
Were You The Victim of Investment Losses Due to Former MSI Financial Services, Inc. Broker Floyd Powell and the Woodbridge Group of Companies Ponzi Scheme?
Posted on Wednesday, July 17th, 2019 at 8:21 am
Former MSI Financial Services, Inc. broker Floyd Powell (CRD# 2220029) is alleged to recommend his clients invest in the Woodbridge Group of Companies, now a known Ponzi Scheme. In February 2019, FINRA barred Powell regarding investment losses due to his recommendations in the Woodbridge Group of Companies. Powell was registered with MML Investors Services, LLC […]
California Financial Advisor Christopher Dougherty Charged with Running $7 Million Ponzi Scheme
Posted on Wednesday, May 29th, 2019 at 8:04 pm
Former Sagepoint Financial, Inc. financial advisor Christopher Dougherty (CRD# 2974523) was charged by the Securities and Exchange Commission (SEC) with running a $7 million Ponzi scheme. Dougherty was registered with Sagepoint Financial, Inc. in San Diego, California from 2005 to 2012. In April 2019, the SEC charged Dougherty and several entities he controlled, with operating […]
Were You The Victim of Former Independent Financial Group, LLC Financial Advisor Jon Pariser?
Posted on Tuesday, May 14th, 2019 at 2:43 pm
Barred former Independent Financial Group, LLC financial advisor Jon Pariser (CRD# 2755015) is accused of running a Ponzi scheme. Pariser was registered with Independent Financial Group, LLC in Pacific Grove, California from 2014 to May 2018. Previously, he was registered with SWS Financial Services, Inc. in Pacific Grove, California from 2013 to July 2014, when […]
Former Securities America, Inc. Financial Advisor Hector May Barred by SEC For Running Ponzi Scheme
Posted on Saturday, March 30th, 2019 at 10:27 am
Former Securities America, Inc. financial advisor Hector May (CRD# 323779) barred by the Securities and Exchange Commission (SEC) regarding a Ponzi scheme that defrauded many people including elderly investors. May was registered with Securities America, Inc. in New City, New York from 1998 to 2018 and with Securities America, Inc. from 1994 to 1998, when […]
Did You Lose Money Investing in Aequitas with Former RP Capital LLC Financial Advisor Aaron Maurer?
Posted on Saturday, March 30th, 2019 at 10:57 am
Erez Law is currently investigating former RP Capital LLC financial advisor Aaron Maurer (CRD# 3007121) regarding Aequitas investment losses. Maurer has been registered with Ascendant Alternative Strategies, LLC in Austin, Texas since June 2018. Previously, Maurer was registered with Stephen A. Kohn & Associates, Ltd. in Lakewood, Colorado from April to May 2018 and with […]