Author: Jeff Erez
In February 2017, a Stifel, Nicolaus & Company, Inc. customer won an award in a FINRA arbitration for compensatory damages in the amount of $79,709 plus $26,304 in attorneys’ fees and $11,342 in costs from losses sustained sustained in a … Continue reading
Erez Law is investigating customer complaints against VFG Securities and brokerage firms across the United States for overconcentration of Macquarie Equipment Leasing Fund, LLC, a private placement. Based in Australia, Macquarie Equipment Leasing Fund provides individual investors in the United … Continue reading
Erez Law is currently investigating former Credit Suisse Securities financial advisor Sanford Michael Katz (a.k.a. Sandy) (CRD# 1558898) regarding breach of fiduciary duty in connection with the purchase and recommendation of mutual fund shares for his clients. Katz has been … Continue reading
Erez Law is currently investigating former Morgan Stanley broker Kirk J. Gill (CRD# 2291503) regarding unsuitable and overconcentrated investments. Gill was registered with First Financial Equity Corporation in Tucson, Arizona from 2016 to 2018, when he was terminated regarding, “Failure … Continue reading
Erez Law is currently investigating Foothills Securities, Inc. (CRD# 1027) in Santa Clara, California regarding its failure to establish a reasonable supervisory system and procedure concerned the sale of non-liquid Real Estate Investment Trusts (REITs) in amounts that exceeded the … Continue reading
Erez Law recently filed a FINRA claim against Wells Fargo financial advisor Jose Antonio Vidal (CRD# 2858442) regarding unsuitable investments between 2009 through 2016. Vidal has been registered with Wells Fargo in Coral Gables, Florida since 2009 and was previously … Continue reading
Erez Law is currently investigating former Oppenheimer & Co., Inc. and Cetera Advisors, LLC financial advisor Abraham Heimann (CRD# 1315922) regarding unsuitability and unauthorized trades. Heimann was registered with Cetera Advisors in Alpharetta, Georgia from 2013 to 2016 and with … Continue reading
Erez Law is investigating customer complaints against brokerage firms across the United States for improper sales practices and unsuitable investment recommendations with regards to Ridgewood Energy Funds. Ridgewood Energy is an energy-focused private equity firm with offices in Houston and … Continue reading
Erez Law is currently investigating David Lerner Associates, Inc. (CRD# 5397) financial advisors regarding recommendations for investments in Puerto Rico bonds to its clients across the country. The Miami based law firm believes that David Lerner Associates brokers sold unsuitable … Continue reading
In March 2017, a UBS Financial Services customer won an award in a FINRA arbitration for compensatory damages in the amount of $3.9 million plus $442,000 in attorneys’ fees and $61,500 in costs from losses sustained in Puerto Rico municipal … Continue reading