Category: Oil and Gas
In October 2018, a former client of UBS Financial Services Inc., Moloney Securities Co., Inc., Moloney Investment Advisory, LLC, and Moloney Securities Asset Management, LLC won an award in a FINRA arbitration for compensatory damages for losses sustained from over-concentrated … Continue reading
In September 2018, a former client of Morgan Stanley settled a FINRA arbitration for $100,000 for losses sustained from high risk oil and gas investment losses. The investors were clients of financial advisor Gregory Buchko (CRD# 1410091). The causes of … Continue reading
Former Stifel, Nicolaus & Company, Incorporated broker Andrew Elsoffer (CRD# 2580009) is alleged to recommend unsuitable high risk energy investments. He was registered with Stifel, Nicolaus & Company, Incorporated in Pepper Pike, Ohio from 2011 until November 2018, when he … Continue reading
In October 2018, a former client of Wells Fargo Advisors, LLC won an award in a FINRA arbitration for compensatory damages for $172,000, $100,000 in punitive damages as well as $68,800 in attorney fees and $20,000 in costs plus interest … Continue reading
Have you suffered losses due to investment recommendations made by former Herbert J. Sims & Co. Inc. financial advisor Laurence Greene (CRD# 604082) regarding unsuitable oil and gas securities and Puerto Rico bond recommendations? Greene has been registered with Herbert … Continue reading
In October 2018, a former client of Merrill Lynch, Pierce, Fenner & Smith, Inc. and UBS Financial Services, Inc. settled an award in a FINRA arbitration for compensatory damages and received $70,000 for losses sustained from investments in the high … Continue reading
In September 2018, a former client of Wells Fargo Advisors, LLC won an award in a FINRA arbitration for compensatory damages for $75,383.75 plus 10% interest per annum for investment losses in Quicksilver Resources Senior Notes. The investors were clients … Continue reading
Former VSR Financial Services, Inc. broker Scott Kaup (CRD# 1002907) is alleged to have recommended unsuitable high-risk oil and gas and real estate securities. Kaup has been registered with Cetera Advisor Networks LLC in Stuart, Nebraska since 2019. Kaup was … Continue reading
Erez Law is currently investigating Packerland Brokerage Services, Inc. financial advisor Edward Davig (CRD# 841294) regarding high risk oil and gas sector investments. Davig has been registered with Packerland Brokerage Services, Inc. in Holmen, Wisconsin since 2008. Over the past … Continue reading
Erez Law is currently investigating Next Financial Group, Inc. financial advisor Stephen Dellelo (CRD# 2170012) regarding unsuitable investment recommendations. Dellelo has been registered with Next Financial Group, Inc. in South Easton, Massachusetts since 2015. Dellelo has been the subject of … Continue reading