Category: Energy Sector Losses
Were you the victim of Presidential Brokerage, Inc. broker Gregory Williams (CRD# 1561089)? Gregory Williams was registered with Forta Financial Group, Inc. in Greenwood Village, Colorado from 2011 to 2020. Previously, Gregory Williams was registered with Morgan Stanley Smith Barney … Continue reading
Erez Law is currently investigating B. Riley Wealth Management broker Murray Roark (CRD# 1041803) for investment losses. Roark has been registered with B. Riley Wealth Management in Dallas, Texas since 2011. Roark has been the subject of five customer complaints … Continue reading
Did your broker recommend you over-concentrate your investment portfolio in Whiting Petroleum Corp.? Erez Law is currently investigating brokers across the country who recommend their clients invest in Whiting Petroleum Corp., a Denvil oil explorer. According to the fund’s website, … Continue reading
Erez Law recently filed a statement of claim against Morgan Stanley. The customer alleges that Jaime Sahlstrom (CRD #4722007), a former broker at Morgan Stanley, recommended a speculative and unsuitable investment strategy of investing the client’s accounts in high risk … Continue reading
In April 2019, a former client of LPL Financial LLC won an award in a FINRA arbitration for compensatory damages for $250,000 plus interest and $10,000 in attorney’s fees for investment losses. The investors were clients of broker Thomas Borruso … Continue reading
In May 2019, a group of former clients of Raymond James & Associates, Inc. won an award in a FINRA arbitration for $1,790,003.17, which included $1.019 in compensatory damages, $200,000 in punitive damages, $422,000 in attorney’s fees, $14,000 in costs, … Continue reading
Erez Law recently filed a FINRA arbitration against former Cetera Advisors LLC and its broker George Merhoff (CRD# 2918171). The Erez Law client alleges the following in the newly filed FINRA claim: The client informed Merhoff that he was approaching … Continue reading
In May 2019, 20 former clients of Raymond James won an award in a FINRA arbitration for compensatory damages for $1.123 million, $200,000 in punitive damages, as well as $422,000 in attorney fees, $14,000 in costs, and $31,003.17 in expert … Continue reading
In February 2018, a former client of Wells Fargo Clearing Services won an award in a FINRA arbitration for compensatory damages for $750,000, plus 9% interest per annum and $36,600 in witness fees for losses sustained from investments in the … Continue reading
Erez Law recently filed a FINRA arbitration against NFP Advisor Services, LLC. Their customer alleges that Kurt Jackson (CRD #2913769) made unsuitable investment recommendations in illiquid investments, including those in the high risk energy sector. According to the filed claim, … Continue reading