Category: Failure to Supervise
There are options for customers of Kestra Investment Services, LLC financial advisor Mitchell Walk (CRD# 3195375) regarding investment losses. Walk has been registered with Kestra Investment Services, LLC in Longwood, Sarasota and St. Augustine, Florida since 2001. Walk has been … Continue reading
Erez Law is interested in speaking with investors who may have suffered losses due to investments with former Morgan Stanley financial advisor Jennifer Salmon (CRD# 4730808) regarding failure to supervise customer accounts. Salmon has been registered with UBS Financial Services … Continue reading
Were you the victim of Morgan Stanley financial advisor Richard Less Jr. (CRD# 1964991)? Less has been registered with Morgan Stanley in Paramus, New Jersey since 2009. Less has been the subject of one customer complaint, according to his CRD … Continue reading
Were you the victim of Peachcap financial advisor Aaron Brodt (CRD# 5017914)? Brodt has been registered with Peachcap in Scottsdale, Arizona since July 2016. Previously, he was registered with Accelerated Capital Group in Scottsdale, Arizona from 2012 to 2016. Brodt … Continue reading
In March 2018, a former client of Allegis Investment Services, LLC won an award in a FINRA arbitration for compensatory damages, prejudgment interest and fees for $404,482.41. The investors were clients of financial advisor Brandon Stimpson (CRD# 4299623). The former … Continue reading
In February 2018, a former client of Raymond James & Associates, Inc. won an award in a FINRA arbitration for $229,250.00 in compensatory damages plus 3% interest per annum plus $25,000.00 in attorneys’ fees for losses sustained from investments in … Continue reading
Erez Law is currently investigating Wedbush Securities Inc. CEO and president Edward W. Wedbush (CRD# 461221) regarding an overall systemic failure to oversee and supervise trading activities. Wedbush has been registered with Lime Brokerage LLC in New York, New York … Continue reading
Erez Law is currently investigating Newbridge Securities Corp. (CRD# 104065) financial advisors across the country. The Boca Raton-based firm has 28 prior regulatory events on their CRD report. In July 2017, Newbridge Securities Corp. was fined $499,000 by Pennsylvania Department … Continue reading
Erez Law is currently investigating Wells Fargo financial advisor Richard Lucker (CRD# 2285760) regarding failure to supervise of a customer’s investment account. Lucker has been registered with Wells Fargo Clearing Services, LLC in El Paso, Texas since 2014. Previously, Lucker … Continue reading
Erez Law is currently investigating Worden Capital Management LLC financial advisor Michael Stanton (CRD# 1448072) regarding failure to supervise a registered representative from churning and excessive trading in an elderly, blind and disabled customer’s account. Stanton has been registered with … Continue reading