Category: Mutual Funds Articles
In December 2020, FINRA sanctioned Transamerica Financial Advisors, Inc. $8.8 million for supervisory violations related to variable annuities, mutual funds and 529 plans; this includes $4.4 million in restitution to 2,400 customers and a $4.4 million fine. According to FINRA, … Continue reading
Erez Law is currently investigating Cetera Advisor Networks LLC broker Michael Bell (CRD# 1130667) regarding mutual fund losses. Bell has been registered with Cetera Advisor Networks LLC in Draper, Utah and Murray, Utah since 1996. Bell has been the subject … Continue reading
There are options for clients of Tembion Capital Management, LLC broker Mark Jensen (CRD# 2748816) who suffered investment losses in LJM Capital Preservation and Growth Fund. Jensen has been registered with Tembion Capital Management, LLC in Sante Fe, New Mexico … Continue reading
Were you the victim of Kestra Investment Services, LLC broker Stephen Curry (CRD# 5207046)? Curry has been registered with Kestra Investment Services, LLC in Lake Forest, Illinois since 2007. Curry has been the subject of one customer complaint, according to … Continue reading
Kestra Investment Services, LLC broker Jerry Korchak (CRD# 1990284) faces one pending customer complaint for losses in a retirement account. Korchak has been registered with Kestra Investment Services, LLC in Rockford, Illinois since 2004. Korchak has been the subject of … Continue reading
Were you the victim of Triad Advisors LLC broker Mark Robare (CRD# 1057899)? Robare has been registered with Triad Advisors LLC in Houston, Texas since 2003. In September 2014, the Securities and Exchange Commission (SEC) sanctioned Robare to a $50,000 … Continue reading
Arbitrage Funds suffered significant declines when the market crashed due to the COVID-19 pandemic (the coronavirus of the winter and spring of 2020) and have now temporarily shut down. Some Arbitrage Funds were forced to temporarily close due to the … Continue reading
Erez Law is currently investigating former MML Investors Services, LLC broker Charles Evan (CRD# 836083) regarding investment losses. Evan was registered with MML Investors Services, LLC in Wellesley, Massachusetts from 2017 to 2019, when he was terminated regarding, “Terminated in … Continue reading
In February 2019, FINRA fined Kestra Investment Services, LLC and required the firm to pay $1,947,704 in restitution for overcharging Eligible Customers for mutual fund purchases, as well as a fine of $225,000 and remediation to Eligible Customers who did … Continue reading
Erez Law is currently investigating former MSI Financial Services, Inc. financial advisor Patrick Rynn (CRD# 5515919) regarding mutual fund losses. Rynn has been registered with MML Investors Services, LLC in Latham, New York since March 2017 and previously with MSI … Continue reading