FINRA Attorneys

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 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.

Chicago Financial Advisor Negligence Attorneys

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investor Losses While Working With Cetera Broker Colin Kelty? Our Chicago Financial Advisor Negligence Attorneys Are Investigating

Shepherd Smith Edwards and Kantas (investorlawyers.com) is speaking to investors who sustained losses while working with Illinois broker Colin Christy Kelty, who has been a registered representative with Cetera Investment Services since 2011.

There are currently four disclosures on Kelty’s CRD, including a still pending unsuitable investment recommendation lawsuit involving structured products in which the claimant is seeking more than $1.5M in damages. Another still pending case, in which the investor is seeking $240K in damages, is accusing Kelty of failing to liquidate certain securities.

SSEK Broker Misconduct Attorney

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Barred Brokers May Still Pose A Risk To Investors

Many Find Ways To Keep Working As Financial Advisors Despite Industry Expulsion

According to a Financial Advisor IQ article, hundreds of brokers who have been barred by the Financial Industry Regulatory Authority (FINRA) continue to find ways to stay in business even if it is no longer registered representatives with a broker-dealer. Many continue to promote themselves as trusted financial advisors, wealth planners, or insurance agents.

FINRA Arbitration Attorneys

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas FINRA Arbitration Attorneys Secures $100,000 FINRA Arbitration Award Against TDAmeritrade

Our Client, An Older Investor, Was Defrauded By Scammers Through His Accounts With TDAmeritrade, now Charles Schwab & Co.

Our Texas elder financial abuse attorneys are pleased to announce that we have obtained a roughly $100,000 FINRA arbitration award for an Austin investor who lost much of his life savings after scammers managed to take money from his accounts with TDAmeritrade. The firm has since merged with Charles Schwab & Co.

FINRA Lawsuit Law Firm

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

Stifel Nicolaus Ordered To More Than $14M in Damages, Including $9M in Punitive Damages, Over Structured Note Losses

Claimants Are Former Clients of Stifel Stockbroker Chuck Roberts

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Stifel, Nicolaus & Co. to pay over $14M to a Florida couple. That is almost $2M in compensatory damages, including interest, to these investors, more than $2M in compensatory damages to their business, $9M in punitive damages, $1.1M in legal fees, and $100K in costs.

FINRA Law Firm

Published on: July 15, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas FINRA Law Firm Investigates Investor Losses Involving Barred Beverly Hills Broker Antoine Souma. We Represent High-Net-Worth Investors With FINRA Lawsuits

Our broker fraud lawyers are continuing to look into claims of investor losses by former clients of Beverly Hills financial advisor Antoine Souma. Previously registered with Insigneo Securities, JP Morgan Securities, Morgan Stanley, Galliot Capital Advisors, and other financial firms over the years, Souma was barred by the Financial Industry Regulatory Authority (FINRA) last year in the wake of stockbroker misconduct allegations, including claims of excessive trading.

A FINRA arbitration claim brought by one investor was settled by Insigneo Securities for $400K. In another broker fraud lawsuit involving Souma, JP Morgan Securities agreed to pay $14M to settle allegations brought by an investor blaming Souma for $20M in investment losses.

FINRA Broker Fraud Attorney

Published on: July 15, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investor Losses While Working With Western International Securities Broker Jeffrey Higgins? Our FINRA Broker Fraud Attorney Are Investigating Misappropriation Allegations

Shepherd Smith Edwards and Kantas FINRA Broker Fraud Attorney Team (investorlawyers.com) is speaking to investors who sustained losses while working with now barred Western International Securities financial advisor Jeffrey Thomas Higgins. The broker-dealer recently fired the Oregon stockbroker after finding that he has been allegedly misappropriating clients’ money since 2007 when he was still registered with Financial West Group. That brokerage firm was expelled from the industry in 2020.

Already, at least one Financial Industry Regulatory Authority (FINRA) arbitration claim has been brought against Higgins. The claimant, who made allegations of unsuitable investment recommendations and misrepresentations and omissions, settled their claim for over $94K.