Category: Unsuitability
In February 2017, a former Sigma Financial Corporation and Sigma Planning Corporation client won an award in a FINRA arbitration for compensatory damages in the amount of $295,000 for unsuitable sales of leveraged exchange-traded funds (ETFs) and failure to execute … Continue reading
Erez Law is currently investigating former Citizens Securities, Inc. financial advisor Adam Stuart Fritzsche (CRD# 2821218) regarding unsuitable and overconcentrated investment recommendations. Fritzsche was registered with IFS Securities in Atlanta, Georgia from October 2016 to February 2017. Previously Fritzsche was … Continue reading
Erez Law is currently investigating former Ameriprise Financial Services, Inc. financial advisor Tom Gilliam Parks Jr. (CRD# 1558909) regarding unsuitable investment recommendations. Parks was registered with Stephenville, Texas from 1993 to 2016. In April 2016, Parks was terminated from employment … Continue reading
Erez Law is currently investigating Purshe Kaplan Sterling Investments financial advisor Bruce Benjamin Greenwald (CRD# 1413095) regarding unsuitable investment recommendations and misrepresentation. Greenwald has been registered with Purshe Kaplan Sterling Investments in Park City, Utah since July 2016. Previously, he … Continue reading
Erez Law is currently investigating Merrill Lynch, Pierce, Fenner & Smith Inc. financial advisor John Kirkland Moy (CRD# 848350) regarding high risk and unsuitable investments. Moy has been registered with Merrill Lynch in West Palm Beach, Florida since 2005. Recently, … Continue reading
Erez Law is currently investigating former Lincoln Investment financial advisor Walter Joseph Marino (CRD# 2121623) regarding misrepresentation, suitability and excessive commissions. Marino was registered with Benjamin Securities, Inc. in Hauppauge, New York from November to December 2016. He was previously … Continue reading
Erez Law is currently investigating former Caldwell International Securities financial advisor Lucas Dylan Lichtman (CRD# 5542092) regarding unsuitable recommendations. Lichtman has been registered with Caldwell International Securities in Englewood Cliffs, New Jersey from 2011 to 2016. FINRA has suspended Lichtman … Continue reading
Erez Law is currently investigating LaSalle St. Securities, L.L.C. financial advisor Joel Martin Weiner (CRD# 1648997) regarding unsuitable investments and an unapproved outside business activity. Weiner has been registered with LaSalle St. Securities, L.L.C. in Boynton Beach, Florida from 1995 … Continue reading
Erez Law is currently investigating former Paulson Investment Company LLC financial advisor Kelly Clayton Althar (CRD# 2666723) regarding unsuitable recommendations and excessive trading. Althar was registered with Paulson Investment Company LLC in Novato, California from 2015 to 2016. Previously, he … Continue reading
Erez Law is currently investigating former Aegis Capital Corp. financial advisor Matthew DiGregorio (CRD# 2434158) regarding unsuitability and churning. DiGregorio was registered with Aegis Capital Corp. in Melville, New York from June to August 2015. Previously, he was registered with … Continue reading