Category: Energy Sector Losses
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
Erez Law is currently investigating Janney Montgomery Scott LLC financial advisor Jack Griffith Jr. (CRD# 1446978) regarding energy sector losses. Griffith has been registered with Janney Montgomery Scott LLC in Columbia, South Carolina since 2014. Previously, he was registered with … Continue reading
Erez Law is currently investigating former Dawson James Securities, Inc. financial advisor Pranav Patel (CRD# 5391213) regarding a cash kickback scheme regarding recommendations in the penny stock ForceField Energy, Inc. ForceField Energy was a worldwide distributor and provider of LED … Continue reading
Erez Law is currently investigating former Morgan Stanley financial advisor Timothy Gibbons (CRD# 219872) regarding over concentrated investment recommendations in the high risk energy sector. Gibbons was registered with Morgan Stanley in New Orleans, Louisiana from 2009 to 2015. It … Continue reading
Erez Law is currently investigating Janney Montgomery Scott LLC financial advisor Richard Baum (CRD# 15065) regarding unsuitable over concentration in the high risk energy sector. Baum has been registered with Janney Montgomery Scott LLC in Boston, Massachusetts since 2014. Previously, … Continue reading
Erez Law is currently investigating former Oppenheimer & Co. Inc. broker David Krumrey (CRD# 4121845) regarding exchange-traded notes (ETNs), oil and gas securities, and VXX investment losses. Krumrey was registered with Oppenheimer & Co. Inc. in The Woodlands, Texas from … Continue reading
Erez Law is currently investigating brothers Matthew C. Griffin and William D. Griffin (CRD# 4208630), who are alleged to make numerous misrepresentations to investors in connection with the oil and gas well project for their company Payson Petroleum, Inc. Payson … Continue reading
Erez Law recently filed a $400,000 FINRA arbitration against RBC Capital Markets, LLC. The former RBC Capital Markets, LLC customer, an 81-year-old widow, alleges that Paul Blum (CRD# 735003), who was a registered representative of RBC Capital Markets, LLC, overconcentrated … Continue reading