Category: Fraud Articles
In April 2018, a former client of Morgan Stanley won an award in a FINRA arbitration for compensatory damages for $6,000,000 plus $2,500 in filing fees for losses sustained. The investors were clients of financial advisor Barry Connell (CRD# 3070984). … Continue reading
Erez Law is currently investigating financial advisor Eric Erb (CRD# 4595068) regarding a $3 million investment fraud. Erb was registered with Liberty Partners Financial Services, LLC in Babylon, New York from April 2013 to May 2014. Previously, Erb was registered … Continue reading
Erez Law is interested in speaking with investors who may have suffered losses due to investments with former Paulson Investment Company LLC broker Minish Hede (aka Minish “Joe” Hede) (CRD# 2389098). Hede was registered with Paulson Investment Company LLC in … Continue reading
Erez Law is currently investigating barred financial advisors Gregg Schonhorn (CRD# 2400042) and Deborah Kelley (CRD# 1179082) regarding participating in the offering of a penny stock and participation in a pay-to-play pension bribery scheme involving the New York State Common Retirement … Continue reading
Erez Law is currently investigating former Ameriprise Financial Services, Inc. financial advisor Li Lin Hsu (CRD# 4706509) regarding a $2 million fraud scheme. Hsu was registered with Ameriprise Financial Services, Inc. in Los Angeles, California from 2006 to 2015, when … Continue reading
Erez Law is currently investigating financial advisors across the country who recommended their clients invest in Longfin Corp. Longfin Corp. (LFIN) is a US-based, global Fintech company powered by artificial intelligence (AI) and machine learning. The Company, through its wholly-owned … Continue reading
In April 2018, a former client of UBS Financial Services Inc. won an award in a FINRA arbitration for compensatory damages for $805,120 for losses sustained from negligence and other acts of securities fraud. The investors were clients of financial … Continue reading
There are options for customers of former Fortune Financial Services, Inc. financial advisor Michael Giokas (CRD# 1398674) who suffered investment losses. Giokas has been registered with Fortune Financial Services, Inc. in Clarence, New York from 2013 to October 2017. Giokas … Continue reading
Erez Law is currently investigating former Royal Alliance Associates, Inc. broker Gary Basralian (CRD# 14385) for unsuitable investment recommendations. Basralian was registered with Royal Alliance Associates, Inc. in Maplewood, New Jersey from 1989 to December 2017, when he was terminated … Continue reading
There are options for customers of former Western International Securities, Inc. broker Bradley Mascho (CRD# 2039720) who is alleged to take part in the DJBennett fraud scheme. Bradley Mascho was registered with Western International Securities, Inc. in Frederick, Maryland from … Continue reading