Selling Away

Former Principal Securities, Inc. Broker John Krohn Faces $28 Million Customer Complaint for Investment Losses

Posted on Wednesday, February 12th, 2020 at 9:15 am    

Were you the victim of former Principal Securities, Inc. broker John Krohn (CRD# 2722975)? Krohn has been registered with Principal Securities, Inc. in West Des Moines, Iowa from 1996 to 2017. In June 2018, Krohn was sanctioned to a $10,000 civil and administrative penalty and was suspended for free months after he consented to the […]

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Erez Law Investigates Former Cadaret, Grant & Co., Inc. Broker Gerald Dewes

Posted on Tuesday, February 11th, 2020 at 4:14 pm    

Were you the victim of former Cadaret, Grant & Co., Inc. broker Gerald Dewes (CRD# 2465538)? Dewes has been registered with Cadaret, Grant & Co., Inc. in East Amherst, New York from 2014 to 2019, when he was terminated regarding, “Advisor sold away from the firm by soliciting client investments into an undisclosed outside business […]

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Options for Customers Who Lost Money Investing with Former J.P. Morgan Securities LLC Broker John Torres

Posted on Wednesday, January 29th, 2020 at 9:32 pm    

Did you lose money investing with former J.P. Morgan Securities LLC broker John Torres (CRD# 6322231)? Torres was registered with J.P. Morgan Securities LLC in Woodland Hills, California from 2014 to 2018, when he was terminated regarding, “Terminated by affiliate bank. In the capacity of an affiliate bank employee registered rep opened an affiliate bank […]

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Former Summit Equities, Inc. Broker Thomas Stappas Barred by FINRA for Selling Away

Posted on Tuesday, November 19th, 2019 at 2:42 pm    

Former Summit Equities, Inc. broker Thomas Stappas (CRD# 855198) was barred by FINRA for selling away. Stappas was registered with Summit Equities, Inc. in Parsippany, New Jersey from 1993 to 2018, when he was terminated regarding, “Engaging in an outside business activity and private securities transaction without disclosing to the firm in violation of FINRA […]

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Barred Broker: Former Transamerica Financial Advisors, Inc. Broker Michael Mackay

Posted on Tuesday, November 19th, 2019 at 2:30 pm    

Did you lose money investing with former Transamerica Financial Advisors, Inc. broker Michael Mackay (CRD# 2279775)? Mackay was registered with Transamerica Financial Advisors, Inc. in Cincinnati, Ohio from 2012 to 2019, when he was terminated regarding, “The firm received allegations from two customers that the Representative had referred them to an outside investment opportunity that […]

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Texas Broker Stephen Hoshimi $23 Million in Settled Customer Complaints

Posted on Thursday, September 5th, 2019 at 8:25 pm    

Erez Law is currently investigating Texas broker Stephen Hoshimi (CRD# 1977772) regarding engaging in outside business activities, which is also known as selling away. Since 2009, Hoshimi has received 37 customer complaints that were settled for a total of more than $23 million. Selling away is the inappropriate practice of a broker who sells or […]

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Did Former HD Vest Investment Services Broker Thomas Laws Recommend Unsuitable Santa Fe Gold?

Posted on Wednesday, July 24th, 2019 at 8:55 pm    

Former HD Vest Investment Services broker Thomas Laws (CRD# 4494448) is alleged to recommend unsuitable Santa Fe Gold Corporation investments. Laws was registered with HD Vest Investment Services in Silver City, New Mexico from 2006 to 2017. In April 2019, FINRA barred Laws after he consented to the sanction and to the entry of findings […]

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Former UBS Financial Services Inc. Broker Nicolas Barrios Barred by FINRA for Selling Away

Posted on Saturday, July 20th, 2019 at 8:05 pm    

Erez Law is currently investigating former UBS Financial Services Inc. broker Nicolas Barrios (CRD# 2122824), who was recently barred by FINRA, regarding selling away. Barrios was registered with UBS Financial Services Inc. in Winter Haven, Florida from 2008 to May 2019, when he was terminated regarding, “Producing Branch Manager (“PBOM”) was discharged after stating during […]

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Barred Broker: Former Ameritas Investment Corp. Broker James Anderson

Posted on Saturday, July 20th, 2019 at 11:58 am    

Were you the victim of former Ameritas Investment Corp. broker James Anderson (CRD# 4803514)? Anderson has been registered with Ameritas Investment Corp. in Dakota Dunes, South Dakota from 2004 to 2019, when he was terminated regarding, “Upon conclusion of internal investigation, Registered Representative was found to have engaged in the sales of Indexed Annuities and […]

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Former LPL Financial LLC Broker Mark Lamkin Recovery Loss Options

Posted on Tuesday, July 9th, 2019 at 8:12 pm    

There are options for customers of former LPL Financial LLC broker Mark Lamkin (CRD# 2121510) who suffered investment losses. Lamkin has been registered with Calton & Associates, Inc. in Louisville, Kentucky since December 2018. Previously, Lamkin was registered with LPL Financial LLC in Louisville, Kentucky from 2001 to 2018, when he was terminated regarding, “Allegations […]

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