Category: Energy Sector Losses
There are options for customers of Wedbush Securities, Inc. who experienced losses due to their financial advisor concentrating their clients’ investment portfolios in the high risk energy sector. Over the past few years, oil prices have significantly declined. A supply … Continue reading
Were you the victim of Merrill Lynch, Pierce, Fenner & Smith Incorporated financial advisor James Lowther (CRD# 2043169) who is alleged to recommend unsuitable investments, including energy stocks and master limited partnerships (MLPs)? Lowther has been registered with Merrill Lynch, … Continue reading
Did you lose money investing with former H. Beck, Inc. financial advisor George Oldoerp (CRD# 1852219) in the high risk energy sector? Oldoerp has been registered with H. Beck, Inc. in Corona, California from 2002 to 2016. Over the past … Continue reading
Erez Law recently filed a $436,000 FINRA arbitration against Janney Montgomery Scott, LLC. The Erez Law clients allege that Scott Palmer (CRD# 817586), who was a registered representative of Janney Montgomery Scott, LLC concentrated their investments in the high risk … Continue reading
Erez Law is currently investigating Wells Fargo financial advisor Jeffrey Wilson (CRD# 1161819) regarding unsuitable energy investments. Wilson has been registered with Wells Fargo in Las Cruces, New Mexico since 2014. Over the past few years, oil prices have significantly … Continue reading
In January 2018, a former client of Morgan Stanley Smith Barney LLC broker John Yeoman (CRD #867840) settled a FINRA arbitration case for wherein he sought compensatory damages for losses sustained from unsuitability of stock positions in Energy Transfer Equity; … Continue reading
Former clients of UBS Financial Services, Inc. settled three FINRA arbitrations for losses sustained from investments in high risk oil and gas stocks. The investors were clients of financial advisors John Carolyn (CRD# 4485799) and Alfred Kovacs (CRD# 1338713). In … Continue reading
Erez Law is currently investigating Raymond James & Associates financial advisors across the country who recommended the sale of oil and gas Master Limited Partnership investments in Memorial Production Partners LP. MLPs are limited partnerships that are publicly traded. It … Continue reading
In November 2017, a former client of Morgan Stanley Smith Barney LLC and Wells Fargo Advisors, LLC settled a FINRA arbitration for losses sustained from investments in Arch Coal, Inc. and Cliffs Natural Resources. The investors were clients of financial … Continue reading
Erez Law is currently investigating former UBS Financial Services, Inc. financial advisor Erik Littlejohn (CRD# 1910841) regarding energy sector losses. Littlejohn has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Houston, Texas since 2015. Previously, he was … Continue reading