Author: Jeff Erez
Erez Law is currently investigating Purshe Kaplan Sterling Investments financial advisor Gopi Krishna Vungarala regarding excessive sales charges on the purchase of non-traded Real Estate Investment Trusts (REITs) and Business Development Companies (BDCs). Vungarala was registered with Purshe Kaplan Sterling … Continue reading
Erez Law is currently investigating Wells Fargo financial advisor Daniel Fain (CRD# 500386) regarding overconcentrated and unsuitable investments. Fain has been registered with Wells Fargo in Boca Raton, Florida since 2003. In one recent case of broker misconduct, two retired … Continue reading
Erez Law is currently investigating Morgan Stanley financial advisors across the country on behalf of customers who experienced losses due to unsuitable investments in inverse exchange-traded funds (inverse ETFs). Inverse ETFs use short selling and other advanced investment techniques to … Continue reading
Erez Law is currently investigating Wells Fargo financial advisor Matthew Christopher Maczko (CRD# 1888519) regarding excessive trading in customer accounts. Maczko was registered with Wells Fargo in Oak Brook, Illinois, from 2008 to 2016. Maczko was terminated from Wells Fargo … Continue reading
Erez Law is currently investigating SunTrust Banks and its broker-dealer and insurance arm of the company, SunTrust Investment Services, regarding allegations that brokers across the country recommended costly mutual funds when cheaper options were available for those customers. The U.S. … Continue reading
Erez Law is currently investigating former Morgan Stanley Smith Barney, LLC financial advisor Patrick Dennis Combs (CRD# 2720909) regarding an outside investment with a Morgan Stanley customer and a private sports drink company. Combs was registered with IMS Securities, Inc. … Continue reading
Erez Law is currently investigating Wells Fargo financial advisor John Bradford Leonard (CRD# 2113842) regarding losses from oil and gas investments. Leonard was registered with Wells Fargo in Toledo, Ohio from 2008 to 2016. In one example of broker misconduct, … Continue reading
Erez Law is currently investigating LPL Financial LLC financial advisor Karl Horace Romero (CRD# 403473) regarding unsuitable investment recommendations. Romero was registered with LPL Financial in Santa Ana, California from 1989 to 2016. Romero is currently not registered with any … Continue reading
On March 13, Puerto Rico’s Financial Oversight and Management Board released a 10-year fiscal plan which sets to manage the their financial overhaul thorough meaningful talks with creditors who hold more than $70 billion of defaulted debt. According to the … Continue reading
Erez Law is investigating multiple customer complaints against UBS Financial Services for improper sales practices by UBS financial advisors in the sale of Vanguard Natural Resources. Vanguard Natural Resources is a publicly traded limited liability company focused on the acquisition, … Continue reading