Unsuitable Investments

New York State Broker Albert Foronda Recovery Loss Options

Posted on Wednesday, December 11th, 2019 at 2:04 pm    

Were you the victim of New York state broker Albert Foronda (CRD# 5737620)? Foronda has been registered with Spartan Capital Securities, LLC in New York, New York since 2017. Previously, Foronda was registered with Worden Capital Management LLC in New York, New York from 2016 to 2017 and previously with Legend Securities, Inc. in New […]

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How to Bring a Claim Against Former Madison Avenue Securities, LLC Broker Noel Vincent

Posted on Tuesday, December 3rd, 2019 at 8:53 pm    

Did you suffer investment losses due to recommendations by former Madison Avenue Securities, LLC broker Noel Vincent (CRD# 1370987)? Vincent was registered with Ele Wealth Advisors, Inc. in Southfield, Michigan from June to August 2018. Vincent was previously registered with Madison Avenue Securities, LLC in Houston, Texas from 2009 to 2018. In August 2009, the […]

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Former Wells Fargo Clearing Services Broker Elizabeth Guarino Investment Losses

Posted on Tuesday, December 3rd, 2019 at 3:29 pm    

Erez Law is currently investigating former Wells Fargo Clearing Services broker Elizabeth Guarino (CRD# 1264531) regarding unsuitable investment recommendations. Guarino has been registered with Wells Fargo Clearing Services, LLC in Woodbury, New York from 2008 to 2017. In November 2019, FINRA sanctioned Guarino to a $10,000 civil and administrative penalty and fine and suspended him […]

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Former Network 1 Financial Securities Inc. Client Wins FINRA Arbitration for $277,000

Posted on Tuesday, December 3rd, 2019 at 3:23 pm    

In September 2019, a former client of Network 1 Financial Securities Inc. won an award in a FINRA arbitration for compensatory damages for $169,354 plus 7% interest per annum, $79,440 in attorney’s fees, $25,000 in expert witness fees, $2,650 in costs, and a $300 non-refundable filing fee for investment losses. The investors were clients of […]

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Sagepoint Financial, Inc. Broker Christopher Rice Accused of Unsuitable Investment Recommendations

Posted on Monday, December 2nd, 2019 at 1:26 pm    

Erez Law is currently investigating Sagepoint Financial, Inc. broker Christopher Rice (CRD# 3222439) regarding unsuitable investment recommendations and overconcentration in customer accounts. Rice has been registered with Sagepoint Financial, Inc. in Greensboro, North Carolina since 2005. Prior to then, Rice was registered with three brokerage firms, including Sunamerica Securities, Inc. in Phoenix, Arizona, A. G. […]

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Illiquid Securities Losses with Former Voya Financial Advisors, Inc., Capital Investment Group, Inc., and IFS Securities Broker Ashley Woodard

Posted on Monday, December 2nd, 2019 at 12:52 pm    

Former Voya Financial Advisors, Inc., Capital Investment Group, Inc., and IFS Securities broker Ashley Woodard (CRD# 4703144) is the subject of six customer complaints related to investment losses in illiquid securities. Woodard has been registered with NYLife Securities LLC in Greenville, South Carolina since 2017. Previously, Woodard was registered with IFS Securities in Greenville, South […]

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Unsuitable Investment Recommendations with Kalos Capital, Inc. Broker Joshua Stivers?

Posted on Monday, December 2nd, 2019 at 12:36 pm    

Kalos Capital, Inc. broker Joshua Stivers (CRD# 5708565) is accused of unsuitable investment recommendations. Stivers has been registered with Kalos Capital, Inc. in Austin, Texas since 2017. Previously, Stivers was registered with G.F. Investment Services, LLC in Austin, Texas from 2014 to 2017. Stivers has been the subject of one customer complaint in 2019, according […]

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Erez Law Investigates Former Hilltop Securities Independent Network Inc. Broker Richard Cagle

Posted on Tuesday, November 19th, 2019 at 2:37 pm    

Can you recover losses due to investments with former Hilltop Securities Independent Network Inc. broker Richard Cagle (CRD# 2122648)? Cagle was registered with Hilltop Securities Independent Network Inc. in Corpus Christi, Texas from 1997 to 2019. In July 2019, Cagle was barred by FINRA after he consented to the sanction and to the entry of […]

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Investigation of Merrill Lynch Broker Bernard Adair

Posted on Monday, November 11th, 2019 at 8:31 pm    

Did you lose money investing with Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Bernard Adair (CRD# 1535429)? Adair has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Jupiter, Florida since 1991. Adair has been the subject of eight customer complaints between 1996 and 2019, three of which were denied, according to […]

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Former Securities America, Inc. Broker Bobby Coburn Investment Losses

Posted on Monday, November 11th, 2019 at 8:26 pm    

Erez Law is currently investigating former Securities America, Inc. broker Bobby Coburn (CRD# 1464789) regarding unsuitable investment recommendations. Coburn was registered with Securities America, Inc. in Fort Meade, Florida from 2009 to 2019, when he was terminated regarding, “RR was involved in the solicitation of multiple clients to invest in an unapproved private securities transaction […]

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