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In March 2023, FINRA censured and fined Hornor Townsend & Kent $180,000 for falling short in supervising a registered representative who recommended Future Income Payments, which turned out to be a Ponzi scheme. Future Income Payments was a structured cash … Continue reading
Former UBS Financial Services Inc. broker Clifford Virgin III (CRD# 1878876) faces a customer complaint related to misappropriation. He has been registered with RBC Capital Markets, LLC in Florham Park, New Jersey, since 2021. Previously, he was registered with UBS … Continue reading
Fifty-plus year industry veteran and former Axa Advisors, LLC broker Leonard Feigenbaum (CRD# 205579) faces a customer complaint related to unsuitable life replacement recommendations. He has been registered with Pruco Securities, LLC in Rockville Centre, New York, since 2020. Previously, … Continue reading
Vanguard Advisors, Inc. broker Brad Playford (CRD# 5501055) is accused of unsuitable investment recommendations. He has been registered with Vanguard Marketing Corporation in Charlotte, North Carolina, since 2008, and with Vanguard Advisors, Inc., since 2015. Brad Playford Customer Complaints He … Continue reading
Insigneo Securities, LLC broker Filipe Henao Vargas (CRD# 5140431) faces a customer complaint for Barclays Bank iPath Series B S&P 500 VIX Short Term Futures Exchange-Traded Notes losses. He has been registered with Insigneo Securities, LLC in Miami, Florida, since … Continue reading
Erez Law is currently investigating former Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Christopher Eriksson (CRD# 2487298) regarding unsuitable investment recommendations. He was with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Wayzata, Minnesota, from 2005 to 2020, when … Continue reading
There are options for clients of former MSI Financial Services, Inc. broker Eric Tom (CRD# 1890823) who lost money related to annuity investment losses. He has been registered with MML Investors Services, LLC in East Hills, New York, since 2017. … Continue reading
Erez Law is currently investigating former Kestra Investment Services broker Mark Mappa (CRD# 1874503) regarding oil and gas investment losses. He has been registered with Woodbury Financial Services, Inc. in Northbrook, Illinois, since 2016. Mark Mappa Customer Complaints He has … Continue reading
Moloney Securities Co., Inc. broker Robert Gustafson (CRD# 5753473) faces a customer complaint related to unsuitable investments. He has been registered with Moloney Securities Co., Inc. in Epping, New Hampshire, since 2015 and with Moloney Securities Asset Management LLC in … Continue reading
Were you the victim of former Cape Investment Advisory, Inc. and Cape Securities Inc. broker Darwin Dees (CRD# 4662702) who is accused of unsuitable investment recommendations? He has been registered with Kovack Securities Inc. in Tifton, Georgia, since 2022. Previously, … Continue reading