Author: Jeff Erez
Erez Law is currently investigating former Morgan Stanley financial advisor Tom Abel Puentes (CRD# 1713812) regarding time and price discretion in customer accounts to purchase municipal bonds. Puentes was registered with Morgan Stanley in Langley Washington from 2009 to 2014 … Continue reading
Erez Law is currently investigating Morgan Stanley financial advisor Barry Franklin Connell (CRD# 3070984) regarding fraud charges in which he is alleged to have misappropriated $5 million from his clients and have made more than 100 unauthorized transactions. Connell was … Continue reading
Erez Law is currently investigating WFG Investments, Inc. financial advisor Stuart Graham Dickinson (CRD# 1047824) regarding unsuitability of investment recommendations and lack of due diligence. Dickinson was registered with WFG Investments in Highland Park, Texas from 2005 to 2013. WFG … Continue reading
Financial Industry Regulatory Authority (FINRA) fined Morgan Stanley $115,000 and ordered them to pay restitution to investors in the total amount of $55,284.28 plus interest over findings that the brokerage firm sold municipal securities, including Puerto Rico bonds, to its customers … Continue reading
In January 2017, former UBS Financial Services, Inc. and UBS Financial Services, Inc. of Puerto Rico clients won an award in a FINRA arbitration for compensatory damages in the amount of $9,630,000 plus interest and $4,000,350 in punitive damages for … Continue reading
Erez Law filed a claim against UBS Financial Services Inc. financial advisor Margaret Mary Lech-Loubet (CRD# 1564472) regarding her recommendations of high risk and unsuitable investments in proprietary structured products tied to the energy sector. Erez Law recently filed a … Continue reading
Erez Law is currently investigating Edward Jones & Co. financial advisor Kristopher Lee McKoin (CRD# 4071659) over recommendations for high yield energy investments tied to the volatile energy sector. McKoin has been an employee of Edward Jones for the past … Continue reading
In December 2016, a former UBS Financial Services, Inc. and UBS Financial Services, Inc. of Puerto Rico client won an award in a FINRA arbitration for compensatory damages in the amount of $18.6 million for losses sustained from investments in … Continue reading
Erez Law continues to investigate claims against former RBC Capital Markets, LLC financial advisor Paul Vincent Blum (CRD # 735003). Erez Law represents clients that allege that Blum recommended a speculative and unsuitable investment strategy of high risk “junk” oil … Continue reading
Erez Law is currently investigating Source Capital Group Inc. broker Joseph Scott Hooper (CRD# 2066207) over failed medical start-up investments that were sold to elderly investors. Hooper was registered with Source Capital from 2003 to 2010 and again from 2012 … Continue reading