Author: Jeff Erez
In January 2021, FINRA fined VALIC Financial Advisors $1.75 million regarding variable annuity exchanges. According to FINRA’s Letter of Acceptance Waiver, and Consent (AWC), from October 2011 through December 2014, VALIC Financial Advisors failed to establish, maintain and enforce a … Continue reading
Erez Law is currently investigating Morgan Stanley broker Martin Speyer (CRD# 432002) regarding unsuitable investment options. Speyer has been registered with Morgan Stanley in Beverly Hills, California since 2009. Speyer has been the subject of nine customer complaints between 1989 … Continue reading
Were you the victim of Merrill Lynch broker Thomas Moore (CRD# 2526192)? Moore has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in New York, New York since 2006. Moore has been the subject of five customer complaints … Continue reading
Were you the victim of former LPL Financial LLC broker Rhett Bedwell (CRD# 5664392), who is alleged to recommend his clients invest in what was found to be a Ponzi-like scheme? He was registered with LPL Financial LLC in Rogers, … Continue reading
Erez Law is currently investigating former Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Rowad Alame (CRD# 5376696) regarding selling away. Alame was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Raleigh, North Carolina from 2016 to 2019, … Continue reading
Former Cambridge Investment Research, Inc. broker Michael Francoeur (CRD# 5534184) was terminated for selling away. Francoeur was registered with Cambridge Investment Research, Inc. in Somersworth, New Hampshire from 2012 to 2020, when he was terminated regarding, “Registered Representative assisted client … Continue reading
In February 2021, Financial Industry Regulatory Authority (FINRA) ordered Triad Advisors to pay a $150,000 fine for not adequately supervising both short-term trades involving Class A shares of mutual funds and variable annuity exchanges, as well as not making timely … Continue reading
Erez Law is currently investigating former Financial West Group broker Efrain Trujillo (CRD# 3106482) who suffered investment losses. Trujillo has been registered with Western International Securities, Inc. in Los Angeles, California since 2017. Previously, Trujillo was registered with Financial West … Continue reading
Erez Law is currently investigating Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Scott Blanche (CRD# 2152628) who suffered investment losses in the high-risk energy sector. Blanche has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Jenkintown, … Continue reading
Did you lose money investing with National Securities Corporation broker Barbra Shaffer (CRD# 1700153)? Shaffer has been registered with Cambridge Investment Research, Inc. in Fort Lauderdale, Florida since 2019. Previously, Shaffer was registered with National Asset Management, Inc. in Fort … Continue reading