FINRA Arbitration

Versity Vintage DST Claimants File Six-Figure FINRA Arbitration Claim Against Emerson Equity

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

Retiree Couple Calling For Punitive Damages and Other Losses

A retired San Diego couple has filed a FINRA arbitration claim against Emerson Equity and its representatives for up to $500,000 following significant losses in Versity Investments/Vintage DSTs. The lawsuit alleges that the firm overconcentrated the seniors’ savings in risky, illiquid private placements while earning high commissions, despite claims of misappropriated funds and unsuitable investment recommendations.

A retired San Diego couple is suing Emerson Equity, firm control person Dominic Julio Baldini, and broker Christopher Thomas Miller for up to $500,000 after they suffered losses in Versity Investments/Crew Enterprises Delaware Statutory Trusts (DSTs). The Claimants entrusted the Respondents with their money and to give them prudent investment advice. Instead, their funds were overconcentrated in a risky, illiquid private placement from a no-name entity. Since then, Versity Investments (NKA Crew Enterprises) and its principals are accused of misappropriating over $56M, allegedly diverting the funds toward personal expenses and to pay for other real estate transactions.

Are You An Investor Who Suffered Costly Losses While Working With Former Stifel Broker Jonathan Webster?

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

The Shepherd Smith Edwards and Kantas FINRA Arbitration Law Firm Is Investigating Former Stifel Broker Jonathan Webster

If you sustained serious losses from costly brokerage trades made by ex-Stifel, Nicolaus, & Co. financial advisor Jonathan Mark Webster, contact Shepherd Smith Edwards and Kantas (investorlawyers.com). Webster, a longtime broker of nearly 39 years who was fired by the broker-dealer in 2024, was just suspended by the Financial Industry Regulatory Authority (FINRA) for seven months. He allegedly made trades for 19 clients, including at least 13 seniors, using commission-based brokerage accounts instead of advisory accounts that were fee-based and less costly.

The self-regulatory organization (SRO) contends that from November to December 2023, Webster made this unsuitable recommendation. He allegedly effected a short-term strategy that involved buying stocks in the commission-based accounts. This was a 10-stock approach based on the “January effect,” in which he would buy stocks in December and sell them in January so as to make money from the rise in price he predicted was going to happen. FINRA said that Webster bought the same exact 10 stocks for each of the customers in their brokerage accounts.

FINRA Arbitration Attorneys

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

For Easterly ROCMuni High Income Fund Investors, Filing A FINRA Lawsuit May Be Your Best Chance At Recouping Your Losses

Shepherd Smith Edwards and Kantas FINRA Arbitration Attorneys Are Representing Easterly ROCMuni Claimants Against Broker-Dealers

Over six months after a fire sale caused Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMHVX) to plunge in value, Shepherd Smith Edwards and Kantas (investorlawyers.com) FINRA Arbitration Attorneys continue to investigate claims of losses against the broker-dealers that unsuitably marketed this high-risk junk bond fund to customers. Already, we have filed investment loss recovery claims in FINRA arbitration against Stifel, Nicolaus & Co, Osaic Wealth, and other firms.

Shepherd Smith Edwards and Kantas Continues To Investigate AGM Fund Losses

Published on: January 6, 2026 | by Shepherd Smith Edwards & Kantas, LLP

AG Morgan Vincent Camarda Remains Under Scrutiny For Unsuitable Investment Recommendations That Allegedly Led to Customers Collectively Losing Many Millions of Dollars

If you are an investor who sustained losses in the AGM Capital Fund II or I, and you worked with now suspended financial advisor Vincent Jerome Camarda, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. Camarda, who was most recently a registered representative with IBN Financial Services and before that with Traderfield Securities, is the principal of registered investment adviser AG Morgan Financial Advisors, LLC.

Camarda spent 27 years in the industry. His BrokerCheck CRD shows 37 disclosures, many of which are customer disputes that are already settled or still pending. Most of the claims were filed in 2024 or later. They include a $1.4M arbitration award against Camarda, a $336,248 arbitration award against AG Morgan, Camarda, and AG Morgan Chief Compliance Officer James Edwards McArthur, and a separate $1.3M award against all three of them. Camarda and McCarthur run the AGM Capital Funds.

FINRA Arbitration Attorneys

Published on: July 15, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Our Northstar Financial Services (Bermuda) FINRA Arbitration Attorneys Are Representing This Chinese Retiree in Her Six-Figure Lawsuit

Once again, Shepherd Smith Edwards and Kantas FINRA Arbitration Attorneys (investorlawyers.com) are suing Cetera Investment Services on behalf of a Chinese investor who suffered losses in the offshore entity Northstar Financial Services (Bermuda). This claimant, an octogenarian, is pursuing up to $500K in damages for her losses.

She met her then-Cetera broker John Yin (also known as Hai Guang Yin, Haiguan Hai Yin) through East West Bank, where she and her family had accounts. This retiree thought placing the family’s assets in the US for safekeeping would be a wise decision, considering the fluctuations and risks common in her homeland.

FINRA Law Firm

Published on: June 29, 2025 | by Shepherd Smith Edwards & Kantas, LLP

How Can You As An Investor Prepare For Your Broker Fraud Case?

There Are Steps You Can Take To File a Solid FINRA Lawsuits

At Shepherd Smith Edwards and Kantas, our FINRA Law Firm (investorlawyers.com) helps investors of all levels of experience and all levels of net worth in pursuing damages from broker-dealers and investment advisers. Suing your financial advisor for financial recovery is not something you should do without a trusted securities law firm by your side.

SSEK FINRA Arbitration Attorneys

Published on: April 2, 2025 | by Shepherd Smith Edwards & Kantas, LLP

FINRA Arbitration Panel Orders Stifel Financial To Pay $132.5M to Claimants Over Structured Note Losses

This Is The Latest Investment Award Involving Customers of Star Stifel Broker Chuck Roberts

In what is being called the largest retail investor arbitration award, a Financial Industry Regulatory Authority (FINRA) arbitration panel is ordering Stifel Financial Corp. to pay a family of investors $132.5M in damages and legal fees over losses they sustained in structured notes that were recommended and sold to them by star Stifel broker Chuck Roberts. The award includes $26.5 in compensatory damages, $79.5M in punitive damages, and $26.5M for legal fees. This is much higher than the $5M sought by the claimants.

FINRA Arbitration Attorney

Published on: March 18, 2025 | by Shepherd Smith Edwards & Kantas, LLP

UBS Financial Services Ordered To Pay $92.2M in Damages To Investors Over Short Sale of Tesla Shares. High-Yield Trading Strategy Was Unsuitable Recommendation By UBS Broker Andrew Burish, Says FINRA Arbitration Panel

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered UBS Financial Services (UBS) To Pay $92.2M in damages to investors who contend that they sustained $23M in losses after their UBS broker unsuitably engaged in a high-risk trading strategy involving the shorting of Tesla Inc. shares.

$69.1M of the award is punitive damages. That’s 75% of the total award.

FINRA Arbitration Lawyers

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas FINRA Arbitration Lawyers Investigates Investor Losses in Alleged $75M AGM Fund Fraud Involving AG Morgan Advisors

Ex-IBN Financial Brokers Vincent Camarda and James McArthur Accused of Fraudulently Selling Complete Business Solutions Group/Par Funding/AGM Fund Promissory Notes

If you are an investor who suffered losses while working with either AG Morgan Advisors Vincent Camarda or James McArthur after they marketed and sold to you the alternative investment Complete Business Solutions Group Inc. (DBA as Par Funding) or one of the AGM Funds, Shepherd Smith Edwards and Kantas FINRA Arbitration Lawyers (investorlawyers.com) can help you determine whether you have grounds for a security claim to recoup any losses. Already, numerous FINRA lawsuits have been filed.

Texas FINRA Lawyers

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Austin, TX Investor Files Six-Figure FINRA Arbitration Claim Against Crescent Securities Group Over Portfolio Losses. Our Texas FINRA Lawyers Are Representing This Claimant In Pursuing Damages

Throughout The Lone Star State, Shepherd Smith Edwards and Kantas Texas FINRA Lawyers (investorlawyers.com) represents Texas investors against broker-dealers and investment advisers all over the United States. One of our clients, an older Austin investor in her sixties, is suing Crescent Securities Group for up to $500K, plus interest, and costs. Her investment loss recovery claim will be heard by a panel of arbitrators in Houston.

This claimant contends that ex-Crescent Securities broker Marvin Allan Bergstrom allegedly unsuitably recommended certain stocks and bonds. This investor, who had made it clear from the start that she could not afford to take risks or lose money, ended up suffering a six-figure loss.