Raymond James Pays $500K After Broker is Accused of Elder Financial Abuse Broker-Dealer Allegedly Failed To Supervise Ex-Stockbroker Frederick Stow Who Stole Older Investors’ Money Unfortunately, elder financial abuse continues to be a huge problem. In many instances, the perpetrators have been financial professionals, including those who are registered brokers at…
Shepherd Smith Edwards and Kantas Continues To Represent Northstar Financial Services (Bermuda) Investors With Brokerage Firm Arbitration Claims Our expert Northstar Financial Services (Bermuda) Brokerage Firm Arbitration attorneys at Shepherd Smith Edwards and Kantas are continuing to investigate claims by investors seeking to recover losses they sustained in this obscure,…
The Importance of Filing Your Own FINRA Arbitration Case If you are an investor who has suffered losses in GWG L Bonds, you are likely trying to determine what to do next. Just because GWG Holdings has filed for bankruptcy protection doesn’t mean you stand to recover anything from these…
Broker-Dealers May Have Unsuitably Sold This Risky Investment To Retail Customers and Retirees If your broker recommended that you purchase shares in Atlas Growth Partners, LP, you may be able to file a Financial Industry Regulatory Authority (FINRA) arbitration claim against the broker-dealer. Unfortunately, according to the limited partnership’s filings…
Customers Who Are The Victims of Churning May Be Able To Recover Damages The Financial Industry Regulatory Authority (FINRA) has ordered Joseph Stone Capital and a number of its registered representatives to pay $1M in restitution for allegedly excessively trading in customers’ accounts. This includes $825K in restitution from the…
When Your Financial Advisor Fails To Act In Your Best Interests Your registered broker-dealer owes you a fiduciary obligation to act in your best interests. Unfortunately, this doesn’t always happen. Instead, your financial advisor might have unsuitably recommended an investment or trading strategy that was too risky for your risk…
Customers Were Sold Private Equity Shares By Ex-Georgia Broker and Southport Capital Investment Adviser John Woods A Financial Industry Regulatory Authority (FINRA) arbitration panel in Atlanta has ordered Oppenheimer & Co. to pay several investors $36.7M in the wake of losses sustained in the alleged $110M Horizon Private Equity III…
You May Be The Victim of a $58M Ponzi Scam More than one year after the US Securities and Exchange Commission (SEC) filed a civil lawsuit against deeproot Funds and its owner Robert J. Mueller accusing them of running an alleged $58M Ponzi Scam that defrauded nearly 300 investors, these…
Shepherd, Smith, Edwards, and Kantas Has Been Fighting For Investors for Over 30 Years If you are an investor looking to pursue financial recovery for your investment losses caused by unsuitable investment recommendations, misrepresentations and omissions, unauthorized trading, or other grounds, there is a very good chance that you signed…
Our Houston Securities Attorneys and Investment Fraud Attorneys Can Help You Explore Your Legal Options Beginning August 26, 2022, the Financial Industry Regulatory Authority (FINRA) has barred former Morgan Stanley broker Doug Marshall McKelvey. The decision comes after the ex-Texas financial advisor refused to provide the information requested by the…