Category: Unsuitable Investments
Erez Law recently filed a FINRA arbitration against Western International Securities, Inc. related to GWG Holdings Inc. L Bonds investment losses. The complaint is related to investment recommendations by Hagop Nalbandian (CRD #2921246) and Krikor Demirjian (CRD #4212275). The Erez … Continue reading
Were you the victim of investment losses due to recommendations by UBS Financial Services Inc. broker Barry Schwartz (CRD# 1022377)? He has been registered with UBS Financial Services Inc. in Miami, Florida, since 2013. In July 2013, the state of … Continue reading
Erez Law is currently investigating Coastal Equities brokers across the country who recommended their clients invest in GWG Holdings Inc., an unsuitable alternative investment. According to public records, a former client of Coastal Equities filed a FINRA arbitration alleging investment … Continue reading
Erez Law is currently investigating Merrill Lynch, Pierce, Fenner & Smith Incorporated broker William King (CRD# 1432593), regarding unsuitable and unauthorized trades related to put options. He was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in New York, … Continue reading
Erez Law is investigating former Phx Financial, Inc. broker Bernard Jasmin (CRD# 4442394), who is accused of unsuitable investment recommendations. He was registered with Phx Financial, Inc. in New York, New York, from 2020 to 2023, and from 2015 to … Continue reading
There are options for clients of former Concorde Investment Services, LLC broker Gary Hughes (CRD# 1700976) who lost money due to unsuitable investment recommendations. He was registered with Concorde Investment Services, LLC in Hermosa Beach, California, from 2013 to 2022. … Continue reading
Erez Law is currently investigating former Moloney Securities Co., Inc. broker Scott Lee (CRD# 4409541) related to GWG Holdings Inc. investment losses. He was registered with Ausdal Financial Partners, Inc. in Cold Springs, Minnesota, from 2019 to 2021. He was … Continue reading
In December 2024, a former client of Independent Financial Group, LLC in compensatory damages won an award in a FINRA arbitration for compensatory damages for $1 million related to private placement investment losses. The investors were clients of broker Armando … Continue reading
Thirty-five-year industry veteran LPL Financial LLC broker Duncan Maceachern (CRD# 1856591)is accused of unsuitable investment recommendations. He has been registered with LPL Financial LLC in Royal Oak, Michigan, since 2021. Duncan Maceachern Customer Complaints He has been the subject of … Continue reading
Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Richard Ryall (CRD# 408065) is accused of unsuitable investment recommendations. He has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Springfield, Massachusetts, since 2006. Richard Ryall Customer Complaints He … Continue reading