Author: Jeff Erez
Former First Standard Financial Company LLC broker James Schwartz (CRD# 3043085), who was barred by FINRA, faces customer complaints regarding suitability. Schwartz was registered with Joseph Gunnar & Co. LLC in New York, New York from December 2016 to February … Continue reading
Former Morgan Stanley financial advisor James Mewhinney III (CRD# 857321) accused of excessive trading related to Closed End Funds (CEFs). Mewhinney has been registered with Morgan Stanley in Dallas, Texas from 2009 to August 2018. Mewhinney has been the subject … Continue reading
In April 2019, the Securities and Exchange Commission (SEC) charged the Woodbridge Group of Companies execs with criminal fraud. Woodbridge Group of Companies former owner and CEO Robert Shapiro, as well as directors Ivan Acevedo and Dane Roseman were arrested … Continue reading
Erez Law is currently investigating former Cuso Financial Services financial advisor Eric Shanks (CRD# 2724083) regarding selling unapproved investments. Shanks was registered with Cuso Financial Services, LP in Richardson, Texas from 2004 to 2014, when he was terminated regarding, “representative … Continue reading
Financial advisors across the country from more than 80 brokerage firms are alleged to recommend unsuitable investments in GPB Capital Holdings. GPB Capital Holdings is a New York-based investment firm that offers exempt, private-placement securities that inherently have a high … Continue reading
Erez Law is interested in speaking with investors who may have suffered losses due to investments with former HD Vest Investment Services financial advisor Jerry Raines (CRD# 4578689), who is alleged to recommend his client invest in Woodbridge Group of … Continue reading
In June 2020, Securities America, Inc. was fined $1.75 million by the Securities and Exchange Commission (SEC) for allegedly failing to safeguard clients from Hector May (CRD# 323779), who pleaded guilty in 2018 to stealing $8 million from clients. According … Continue reading
Erez Law is currently investigating financial advisors across the country who recommended their clients invest in stocks of Uniti Group Inc. It is alleged that brokers from Raymond James and other brokerage firms across the country recommended their clients invest … Continue reading
Did your financial advisor recommend you invest in the UBS Yield Enhancement Strategy (YES strategy) and not adequately disclose the risk associated with this investment? It is alleged that brokers across the country who work at large brokerage firms including … Continue reading
Erez Law is currently investigating former Raymond James & Associates, Inc. financial advisor Robert Howard (CRD# 2201547) regarding Unit Investment Trust (UIT) losses. Howard has been registered with Wedbush Securities Inc. in Dallas, Texas since April 2019. Previously, Howard was … Continue reading