Our Brokerage Firm Negligence Law Firm is Investigating Barred LPL Broker John Matson Elderly Investor Called FINRA Helpline for Seniors to Complain If you suffered significant portfolio losses while working with former LPL Financial stockbroker John Nicholas Matson, Shepherd Smith Edwards and Kantas (investorlawyers.com) can help you determine whether you have grounds…
SEC Approves New FINRA Rule That Will Designate Some Brokerage Firms as “Restricted” The Financial Industry Regulatory Authority (FINRA) rule 4111, which will require certain brokerage firm members with histories of broker misconduct to put aside reserve funds to pay for both future and unpaid investor claims, has now been…
Metairie, LA Broker Allegedly Made Unsuitable Recommendations to Retirees If you suffered serious investment losses from working with FSC Securities Corp. stockbroker and Nettworth Financial investment advisor, Frank Briseno III, you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to recover your losses. Briseno, who is…
Claimants Lose Retirement Funds in Complex Options Trading Strategy A retired couple is suing UBS Financial Services (UBS) after they sustained at least $800,000 in losses from investing in the firm’s Yield Enhancement Strategy (YES). The investors contend that their UBS broker made misrepresentations and omissions when recommending this unsuitable…
Alabama Retiree Lost Retirement Savings To Broker Fraud and Negligence An investor in Alabama has filed a Financial Industry Regulatory Authority (FINRA) arbitration complaint against Kestra Investment Services, Inc. for retirement losses that she suffered while working with the now-former broker, James Daughtry. The firm fired Daughtry earlier this year…
Many Older Investors Remain Vulnerable to Securities Fraud As a retiree or a senior investor living in the San Francisco Bay Area, there are red flags to look out for that may indicate that you’ve become the victim of senior investor fraud. Unfortunately, older investors remain a favorite target of…
Rogue Broker Convicted & Faces Decades In Prison A jury has convicted Anthony Diaz, a barred rogue stockbroker who was fired by several brokerage firms and has been the subject of more than four dozen customer complaints, of 11 counts of wire fraud and mail fraud. Each criminal court comes…