Real Estate Investment Trusts

Next Financial Group, Inc. Financial Advisor Stephen Williams Investment Losses

Posted on Thursday, December 13th, 2018 at 8:41 am    

Have you suffered investments losses due to recommendations from Next Financial Group, Inc. financial advisor Stephen Williams (CRD# 2395948)? Williams has been registered with Next Financial Group, Inc. in Madison, Alabama since 2007. Williams has been the subject of eight customer complaints between 2004 and 2018, one of which was denied, according to his CRD […]

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Woodbury Financial Services, Inc. Financial Advisor Robert Ginsberg Accused of Recommending Unsuitable REITs

Posted on Monday, November 26th, 2018 at 10:33 am    

Erez Law is currently investigating Woodbury Financial Services, Inc. financial advisor Robert Ginsberg (CRD# 5177531) regarding losses due to investments in real estate investment trusts (REITs). Ginsberg has been registered with Woodbury Financial Services, Inc. in Wallingford, Connecticut since September 2016. Previously, he was registered with Investors Capital Corp. in Wallingford, Connecticut from 2008 to […]

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FINRA Awards $1,019,211 to Investors for Unsuitable Investment Recommendations in High-Risk REITs

Posted on Monday, November 26th, 2018 at 9:25 am    

In November 2018, a FINRA arbitration panel awarded eight investors $963,836 for compensatory damages plus $5,000 in costs, $50,000 in attorneys’ fees and the $375 non-refundable filing fee, for a total award of $1,019, 211. The case was regarding unsuitable investment recommendations in three high-risk, illiquid shares in three REITs: United Mortgage Trust, United Development […]

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Warning to Investors: Centaurus Financial Financial Advisors Ricky Mantei, Cindy Chiellini and Kathy Nishnic

Posted on Monday, November 19th, 2018 at 1:08 pm    

Erez Law is currently investigating Centaurus Financial financial advisors Ricky Mantei (CRD# 1098981), Cindy Chiellini (CRD# 1015592) and Kathy Nishnic (CRD# 2499553) who are alleged to make unlawful recommendations. According to public records, a former customer of Centaurus Financial and Mantei, Chiellini and Nishnic filed a FINRA arbitration for unlawful recommendations. According to claim, the […]

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Ameriprise Financial Services Pays $375,000 Regarding REITs and BDCs Sales to New Jersey Customers

Posted on Thursday, November 1st, 2018 at 10:00 am    

Erez Law is currently investigating Ameriprise Financial Services financial advisors across the country regarding unsuitable alternative investments in client portfolios. In October 2018, Ameriprise Financial Services, Inc., based in Minneapolis and with branch offices in New Jersey, agreed to pay $375,000 to resolve an investigation into its sale of alternative investments in New Jersey. The […]

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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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Former Trustmont Financial Group, Inc. Client Wins FINRA Arbitration Award for $1 Million

Posted on Wednesday, September 5th, 2018 at 9:09 pm    

In August 2018, a FINRA arbitration panel ordered Trustmont Financial Group, Inc. to pay a former client more than $1 million in damages. According to the claim, Trustmont requested $500,000 in damages regarding breach of fiduciary duty, committing fraud and negligence in a case related to two 1035 annuity exchanges and a private real estate […]

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Did Presidential Brokerage, Inc. Financial Advisor Jason McBride Recommend You Unsuitable REITs?

Posted on Saturday, August 25th, 2018 at 8:14 am    

Erez Law is currently investigating Presidential Brokerage, Inc. financial advisor Jason McBride (CRD# 1875972) regarding unsuitable recommendations with regards to real estate investment trusts (REITs) and limited partnerships. McBride has been registered with Presidential Brokerage, Inc. in Greenwood Village, Colorado since 1995. McBride has been the subject of five customer complaints between 2008 and 2018, […]

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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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Did You Lose Money Investing in REITs with Former Ameritas Investment Corp. Financial Advisor Michael Arteca?

Posted on Monday, August 13th, 2018 at 1:46 pm    

Erez Law is currently investigating former Ameritas Investment Corp. financial advisor Michael Arteca (CRD# 4550695) regarding investment losses due to real estate investment trusts (REITs). Arteca has been registered with Pruco Securities, LLC in Uniondale, New York since September 2017. Previously, he was registered with Ameritas Investment Corp. in Matawan, New Jersey from 2010 to […]

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