Broker Fraud

UBS Group Ordered to Pay $5.5M To Investor For Alleged Stock Option Mismanagement

Published on: February 26, 2026 | by Shepherd Smith Edwards & Kantas, LLP

A FINRA arbitration panel ordered UBS Financial Services to pay $5.5M to a client for the improper handling of Compass Inc. shares and options during its 2021 IPO. The article highlights UBS’s history of high-value losses in litigation and invites affected investors to seek recovery through Shepherd Smith Edwards and Kantas.

Broker-Dealer Held Liable Over Handling of Investor’s Portfolio

A FINRA arbitration panel has ordered UBS Financial Services (UBS) to pay $5.5M to one client over its allegedly improper handling of his shares and options in real estate brokerage firm Compass Inc. around its 2021 initial public offering. The claimant happens to be a Compass real estate broker. He accused the brokerage firm of breach of fiduciary duties, deliberate and negligent misrepresentations, Regulation Best Interest violation, negligence, and other broker misconduct involving UBS’ recommendations and management of his portfolio.

Dallas, TX Financial Product Failure Law Firm

Published on: February 26, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas is offering legal representation to Texas investors who have suffered significant financial losses due to product failures, fraud, or broker misconduct. The firm specializes in recovering assets through FINRA arbitration by investigating claims of unsuitable recommendations, lack of due diligence, and negligent supervision by brokerage firms.

Are You A Texas Investor Whose Suffered a Failed Investment That Was Sold To You By A broker?

The Shepherd Smith Edwards and Kantas Financial Product Failure Law Firm represents investors throughout Texas who suffered losses because of a financial product failure. Contact our Dallas securities law firm if you want to explore your legal options.

Former Florida Investment Advisor Andrew Jacobus Sentenced Over $94M Ponzi Scam

Published on: February 19, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Continues To Represent Investors Who Suffered Losses as a result of Andrew Jacobus

Andrew Hamilton Jacobus (Jacobus), the ex-Florida investment adviser who pleaded guilty to running a $94M Ponzi-style scam, was sentenced to 20 years in prison. Prosecutors contend that Jacobus defrauded at least 70 investors, including a number of Venezuelan nationals. Jacobus misappropriated investors’ money for his own use while paying earlier investors with newer investors’ funds in Ponzi -like fashion. This investment scam, which ran for almost 20 years, involved Jacobus promising to place his victims’ money in purportedly safe investments that generated high returns. Jacobus falsified documents and forged account statements to conceal his fraud.

Shepherd Smith Edwards and Kantas Broker Negligence Lawyers (investorlawyers.com) represent those who were harmed in Jacobus’ Ponzi fraud against the brokerage firms that enabled Jacobus’ wrongful actions, typically because of their own negligence.

Former Broker James Walesa Is Barred by FINRA

Published on: February 10, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Broker Fraud Lawyers Continue To Investigate Investor Losses

The Financial Industry Regulatory Authority (FINRA) announced that it has barred former financial James Thaddeus Walesa. His former clients have filed at least 19 investor lawsuits accusing him of making unsuitable investment recommendations, including one case that was concluded with a $9.75M settlement.

Walesa is accused of making inappropriate investment recommendations in businesses that he owned, ran, or directed. So far, at least $18.3M in settlements have been paid by Triad Advisors (now Osaic) or Arkadios Capital. Both are accused of ignoring Walesa’s alleged broker misconduct when he worked with them. Many of the customer disputes involving him remain pending, including a case in which $34,000,000 is being sought.

Did You Suffer Investment Losses in Vintage DST, Which Was Sold To You By Your Financial Advisor?

Published on: February 2, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Broker Fraud Lawyers May Be Able To Help

Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) are speaking to investors who suffered losses in Vintage Delaware Statutory Trusts (Vintage DST). This private placement Regulation D offering was sponsored by the now-defunct Crew Enterprises (f/k/a Versity Investments). It appears to have been unsuitably recommended to retail investors, retirees, and other unaccredited investors by financial advisors. Vintage DST is a risky, illiquid alternative investment. We are investigating the following brokerage firms or investment advisers that sold this private placement offering:

Aurora Securities

How Broker Fraud Attorneys Recover Lost Retirement Savings

Published on: January 15, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Florida Investors Sue United Planners’ Financial Services of America for Up to $1 Million in Damages

Couple Sustained Losses in Creative Media and Community Trust REIT and Priority Income Fund, as well as other Unsuitable Investment Recommendations

Shepherd Smith Edwards and Kantas Broker Fraud Attorneys (investorlawyers.com) are representing a Florida couple who are suing United Planners’ Financial Services of America A Limited Partnership (United Planners’) for up to $1,000,000 over the customers’ investment losses they sustained.

Houston, TX Financial Product Failure Law Firm

Published on: December 20, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Representing Investors Whose Financial Advisors Sold Them Investments That Caused Them Serious Portfolio Losses

The Shepherd Smith Edwards and Kantas Financial Product Failure Law Firm (investorlawyers.com) represents Texas investors who suffered losses because a financial product sold to them by their broker or investment adviser failed. Contact our Houston securities law office today to schedule your free case consultation.

Why Does A Financial Product Fail?

Attention Atlas Funds Investors Who Suffered Losses in These Private Placement Funds

Published on: December 20, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Broker Fraud Lawyers are Investigating Spartan Capital Securities For Selling These Alternative Investments

If you are an investor who has sustained losses in any of the 346 private placement investments from one of 16 offerings from Atlas Management LLC, including those involving the following, Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) wants to talk to you:

Atlas Fund III Ser B LLC (Klarna)

Did You Lose Your Life Savings While Investing Through A Stockbroker?

Published on: December 11, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Our Skilled Retirement Fund Fraud Attorneys Want To Talk To You

Shepherd Smith Edwards and Kantas (investorlawyers.com) represents young retirees, senior investors, still working professionals that are saving for their future, family trusts, and others that lost their life savings due to the poor investment advice or mismanagement of their financial advisor. Unfortunately, broker misconduct and negligence can lead to life altering and devastating for investors. Our skilled retirement loss law firm can help you determine whether you have grounds for suing your broker-dealer and their registered representative for damages.

With over a century’s worth of collective experience in securities law and the securities industry, our seasoned investment recovery lawyers have represented thousands of Clients regarding more than 1000 matters, including the most complex kinds of claims against the largest brokerage firms in the United States. We know how hard you’ve worked to save for you and your family. Over the decades, we’ve made it a mission to provide investors with quality securities representation and personalized attention in arbitration, mediation, and litigation.

Shepherd Smith Edwards and Kantas Investigates Former Merrill Lynch Broker Isaiah Williams

Published on: December 11, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Broker-Dealer Ordered To Pay $9.5M Settlement in Alleged Athlete Investment Fraud

If you are an investor who sustained serious losses while working with ex-Merrill Lynch, Pierce, Fenner & Smith stockbroker Isaiah Thomas Williams, Jr., the Shepherd Smith Edwards and Kantas Athlete Investment Fraud team (investorlawyers.com) wants to talk to you. He was a registered representative with Merrill out of Boca Raton, Florida, from 2017 – 2025.

Isaiah Williams voluntarily resigned following allegations of unsuitable asset allocation, misappropriation, misrepresentations, and improper outside business activities. In August 2025, he was arrested and charged with fraud, grand theft, and money laundering.