Author: Jeff Erez
There are options for clients of Demopolis Capital Inc. broker John Loofbourrow (CRD# 312494) who suffered investment losses. Loofbourrow has been registered with Demopolis Capital Inc. in Harlem, New York since 1983. In June 2020, sanctioned Loofbourrow to a $7,500 … Continue reading
Were you the victim of former Morgan Stanley broker Leif Olson (CRD# 2277495)? Olson has been registered with Wells Fargo Clearing Services, LLC in Sarasota, Florida since 2020. Previously, Olson was registered with Morgan Stanley in Sarasota, Florida from 2010 … Continue reading
Erez Law is currently investigating Morgan Stanley broker William Ard (CRD# 1133673) regarding unsuitable investment recommendations. Ard has been registered with Morgan Stanley in Short Hills, New Jersey since 2009. Ard has been the subject of two customer complaints between … Continue reading
Erez Law is currently investigating Securities America, Inc. brokers across the country who recommended their clients invest in LJM Preservation & Growth Fund. In March 2021, FINRA sanctioned Securities America, Inc. to pay a $100,000 fine, as well as $235,979.77 … Continue reading
Morgan Stanley broker David Wachsman (CRD# 2220024) faces a customer complaint regarding suitability concerns. Wachsman has been registered with Morgan Stanley in Garden City, New York since 2009. Wachsman has been the subject of one customer complaint, according to his … Continue reading
In January 2021, FINRA sanctioned VALIC Financial Advisors, Inc. to pay a $350,000 fine. FINRA found that between January 2017 and October 2018, VALIC Financial Advisors, Inc. failed to establish a reasonably designed system and written supervisory procedures for the … Continue reading
Did you lose money investing with former UBS Financial Services Inc. broker Carlos Rodriguez (CRD# 4363000)? Rodriguez was registered with UBS Financial Services Inc. in Plano, Texas from 2009 to 2015. In July 2017, FINRA barred Rodriguez after he failed … Continue reading
Did you lose money investing with Oppenheimer & Co. Inc. broker Steven Baaden (CRD# 1266766)? Baaden has been registered with Oppenheimer & Co. Inc. in Los Angeles, California since 2013. Baaden has been the subject of seven customer complaints between … Continue reading
In March 2021, a former client of Allstate Financial Services, LLC won an award in a FINRA arbitration for compensatory damages for $400,000 plus interest, as well as the $425 non-refundable portion of the filing fee for investment losses. The … Continue reading
Erez Law is currently investigating J.P. Morgan Securities brokers who recommended their clients who recommended Northstar Financial Services (Bermuda) Ltd., a Bermuda-based annuity and life insurance company that serves the needs of high net worth clients around the globe. J.P. … Continue reading