Author: Jeff Erez
Erez Law is currently investigating brokers across the country who recommended their clients invest in Lightstone Real Estate Income Trust (REIT). Lightstone Real Estate Income Trust was offered by Lightstone Capital Markets, a highly-regarded and diversified real estate company in … Continue reading
Were you the victim of former Cetera Advisor Networks LLC broker David Rockwell (CRD# 4236377)? Rockwell was registered with Cetera Advisor Networks LLC in Fort Myers, Florida from 2015 to 2018 and with Cetera Advisor Networks LLC in Sewickley, Pennsylvania … Continue reading
Erez Law is currently investigating Raymond James brokers across the country who recommended unsuitable unit investment trusts (UITs). A UIT is an investment company that offers a fixed portfolio as redeemable units to investors for a specific period of time. … Continue reading
In August 2019, the Securities and Exchange Commission (SEC) charged former CV Brokerage, Inc. broker Brenda Smith (CRD# 4348518) with operating an investment advisory fraud in the form of a Ponzi scheme. The SEC also obtained an emergency asset freeze … Continue reading
Erez Law recently filed a FINRA arbitration against Raymond James & Associates, Inc. alleging losses due to unsuitable investment recommendations in Uniti Group Inc. real estate investment trust (REIT). Uniti is a REIT that focuses on the acquisition and construction … Continue reading
Were you the victim of former Aegis Capital Corp. broker Alan Appelbaum (CRD# 500336) who is accused of recommending unsuitable structured products that generated high commissions? Alan Appelbaum was registered with Aegis Capital Corp. in Boca Raton, Florida from 2015 … Continue reading
In July 2019, a former client of Spire Securities, LLC won an award in a FINRA arbitration for compensatory damages for $3 million for investment losses due to failure to supervise its broker. The investors were clients of financial advisor … Continue reading
In May 2019, the Securities and Exchange Commission (SEC) announced it obtained a court order halting an ongoing $30 million Ponzi scheme that targeted more than 300 investors in the U.S. and Canada. The south Florida-based Argyle Coin, LLC, was … Continue reading
Erez Law is currently investigating broker Kerry Hoffman (CRD# 1061740) regarding his role in the GT Media scam. In July 2019, the Securities and Exchange Commission (SEC) charged Thomas Conwell (CRD# 2095817) and Hoffman for fraudulently selling securities to retail … Continue reading
In August 2019, the Securities and Exchange Commission (SEC) charged Tallahassee-based investment adviser firm Cambridge Capital Group Advisors, LLC (f/k/a Cambridge Capital Advisors, LLC); Cambridge’s president Phillip Timothy Howard, a Florida attorney who represented the retired players in the class … Continue reading