Inverse and Leveraged ETNs and ETFs Are Shuttering As the novel coronavirus (COVID-19) continues to adversely affect the markets and cause crude oil prices to drop, the number of inverse and leveraged exchange-traded notes (ETNs), exchange-traded funds (ETFs) and exchange-traded products (ETPs) involving crude oil that have been forced to…
FINRA Bars Fired Stifel Broker The Financial Industry Regulatory Authority (FINRA) announced that it has permanently barred former Stifel Nicolaus (SF) stockbroker Steven Dale Rodemer. The brokerage firm fired Rodemer earlier this year following allegations that he took funds from one client’s account without authorization. Even with COVID-19 disrupting every…
Former LPL Financial Broker Borrowed $1.3M From Customer Without Notifying Firm Mark Lamkin, an ex-LPL Financial representative, has been suspended by the FINRA for three months. Lamkin, who is now a Calton & Associates broker, is accused of borrowing $1.3M in total from an LPL Financial Services customer between 2011…
Energy Exchange Traded Products Including VelocityShare 3x Long Crude Oil ETN Tank As market volatility continues to wreak havoc on different investments in the wake of COVID-19, our securities fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) are fighting for investors needing to recover their losses. Last…
Barred Kestra Investment Services Stockbroker Accused of Unauthorized Trading Our investor fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) are currently speaking with former customers of ex-Kestra Investment Services broker, James Blake Daughtry. He was recently barred by the Financial Industry Regulatory Authority (FINRA). The self-regulatory organization…
Investment Losses During Recent Market Crisis May Be Recoverable Investors throughout the United States are grappling with financial investment losses as markets continue to remain volatile in the wake of Coronavirus (COVID-19). The recent oil price drops, the rise in unemployment as businesses are forced to shutter and lay off…
Ex-Commonwealth Capital Broker Was Accused Of Misusing Investors’ Money If you or someone you know lost money while working with former Commonwealth Capital broker, Kimberly Springsteen-Abbott, please contact our stockbroker fraud lawyers at Shepherd Smith Edwards and Kantas so we can determine whether you have grounds for a claim. In…
Ex-Broker and First Allied Securities Accused in $1M Investor Fraud Case Masood Husain Azad, a former Texas-based broker, is now the subject of an over $1M investor fraud claim. Also known as Mike Azad, he was fired by First Allied Securities in 2017. Now, First Allied Securities is a respondent…
Fired Merrill Lynch Broker Barred By FINRA Indefinitely If you were an investor who sustained losses while working with Ma Rosa Linan Abrego, contact Shepherd Smith Edwards and Kantas, LLP (SSEK Law Firm) today. Our brokerage firm misconduct lawyers work with clients who have suffered financial losses due to the…
Suspended Broker Accused of Making Unsuitable Recommendations to Retiree If you sustained investment losses while working with ex-Berthel Fisher broker Mason Gann, contact our stockbroker fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm) today. Gann, who is not a registered broker at this time, is serving a…