Category: Unsuitable Investments
In December 2020, the Securities and Exchange Commission (SEC) sanctioned Pruco Securities to pay $18 million in disgorgement, interest and penalties, as well as a censure and cease-and-desist for breach of fiduciary duty related to wrap fee programs. The penalty … Continue reading
There are options for clients of former Morgan Stanley broker Sumitro Pal (CRD# 4763364) who suffered investment losses. Pal has been registered with Morgan Stanley in Bethesda, Maryland from 2009 to 2018. Pal has been the subject of 10 customer … Continue reading
Erez Law recently filed a FINRA arbitration against Westpark Capital, Inc. and its broker Miguel Rivera, Jr. (CRD #3060928), who was a registered representative of Westpark Capital, Inc. in Fort Lauderdale, Florida from August 2016 through June 2018. The Erez … Continue reading
Were you the victim of Berthel, Fisher & Company Financial Services, Inc. broker Robyn Simons (CRD# 1538638)? Simons was registered with Berthel, Fisher & Company Financial Services, Inc. in Layton, Utah from 2008 to 2017. Simons has been the subject … Continue reading
There are options for clients of former Centaurus Financial, Inc. and LPL Financial LLC broker Galen Kopman (CRD# 3011906) who suffered investment losses. Kopman was registered with Centaurus Financial, Inc. in Vancouver, Washington from 2015 to 2018. Previously, Kopman was … Continue reading
In December 2021, FINRA sanctioned Transamerica Financial Advisors $8.8 million over unsuitable sales of mutual funds, variable annuities, and 529 savings plans. The settlement included $4.4 million restitution and a $4.4 million fine to 2,400 affected customers. FINRA found that … Continue reading
Were you the victim of former National Securities Corporation broker Rodrigue Lors (CRD# 4379214)? He has been registered with Wilmington Capital Securities, LLC in Westbury, New York, since 2017. Previously, Lors was registered with National Securities Corporation in Westbury, New … Continue reading
Were you the victim of former TD Ameritrade, Inc. broker Kwasi Aggor (CRD# 4974222)? Aggor was registered with TD Ameritrade, Inc. in Providence, Rhode Island from 2008 to 2018. In April 2020, FINRA barred Aggor after he, “consented to the … Continue reading
Erez Law recently filed a FINRA arbitration against Benjamin F. Edwards & Company Inc. related to investment losses with broker Thomas Kintz (CRD #2667817), who has been a registered representative of Benjamin F. Edwards & Company Inc. in Boynton Beach, … Continue reading
Erez Law is currently investigating former National Securities Corp. broker Christopher Voccola (CRD# 2963678) regarding suitability concerns. Voccola has been registered with Madison Global Partners LLC in Hauppauge, New York since 2018. Voccola was registered with National Securities Corp. in … Continue reading