Securities Fraud

Sutter Securities Under Scrutiny For Alleged Excessive Trading That Cost 89-Year-Old Millions of Dollars

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

Shepherd Smith Edwards and Kantas Securities Attorneys are Investigating

If you are a Sutter Securities Inc. customer and you suspect your portfolio losses may have been caused by excessive trading by your financial advisor, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. The brokerage firm is currently the subject of a complaint by the Financial Industry Regulatory Authority’s (FINRA) enforcement department, accusing the firm of alleged excessive trading in an elderly retiree’s accounts. This purportedly led to the customer, someone with a moderate risk tolerance level and the objective of long-term growth, to pay more than $2.9M in trading costs and sustain at least $1.2M in realized losses

The FINRA complaint accuses Sutter Securities of unsuitably recommending and making 2,217 trades in two of this investor’s trust accounts between March 2020 and July 2021. The enforcement division also alleges that :

Did You Lose Money with Aaron Sevigny? Our Law Firm is Investigating United Planners

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

Did United Planners’ Broker Aaron Sevigny Recommend Creative Media & Community Trust, Priority Income Fund or Another Alternative Investment Where You Sustained Investment Losses?

Shepherd Smith Edwards and Kantas Is Investigating Aaron Sevigny of United Planners’ Financial Services of America

If you are an investor who was unsuitably marketed and sold Priority Income Fund, Creative Media & Community Trust, or other risky alternative investments by United Planners’ Financial Services of America A Limited Partner stockbroker, Aaron Pierce Sevigny, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you. Already, we have filed a significant investment loss recovery claim on behalf of a Florida couple who experienced serious losses to their retirement savings after this longtime financial advisor sold them these illiquid, speculative products.

Kentucky Unsuitability Law Firm

Published on: November 17, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Our Lexington, Kentucky Unsuitability Law Firm Provide Investors With Experienced Representation

At Shepherd Smith Edwards and Kantas (investorlawyers.com), we can help you determine whether unsuitable recommendations played a part in your investment losses. You may have grounds for suing your broker-dealer for damages. Contact our Lexington, Kentucky Unsuitability Law Firm today to schedule your free case consultation.

Unsuitability is one of the most common legal grounds cited by investors when pursuing financial recovery from a broker-dealer. Financial advisors are required to only provide investing advice and make recommendations and transactions that are appropriate for each customer, given their particular investment goals, financial situation, age, investing time horizon, risk tolerance level, the rest of their portfolio, and other pertinent information about them. Unfortunately, this isn’t what always happens.

Illinois Investor Sues Open to the Public Investing

Published on: October 22, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Illinois Investor Sues Open to the Public Investing After Losing Hundreds of Thousands of Dollars

Unauthorized Third Party Accessed Her Brokerage Account And Made Trades Without Permission

Shepherd Smith Edwards and Kantas Securities Law Firm (investorlawyers.com) is representing an investor who lost hundreds of thousands of dollars in life savings within a matter of hours after a third party gained unauthorized access to her account with Open to the Public Investing.

Texas Couple Files $5,000,000 Structured Product Lawsuit Against Merrill Lynch

Published on: September 5, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Our Houston Securities Law Firm Is Representing These Investors In FINRA Arbitration

Due to what we believe was a blatant commission grab by Merrill Lynch, Pierce, Fenner & Smith and its broker Philip Wayne Jones, two Texas investors have suffered extreme portfolio losses involving complex structured notes and the purported churning of mutual funds. Now, they are suing the brokerage firm for more than $5,000,000. Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing these claimants in their investment loss recovery claim.

Our clients, a married couple with limited investing experience, entrusted their money to Merrill Lynch and this Houston financial advisor. Philip Jones, who has been with the brokerage firm as a broker and investment adviser for over 30 years, is not a Respondent in this structured product lawsuit.

Kentucky Securities Law Firm

Published on: August 25, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Paducah, KY Couple Files Easterly ROCMuni High Income Fund Loss Lawsuit Against Stifel, Nicolaus & Co. Claimants Are Suing For Up To $500,000 In Damages

Our Kentucky securities law firm of Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing two more Paducah, KY investors against Stifel, Nicolaus.& Co. over losses involving the Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMHVX). The Claimants are a senior couple and inexperienced investors. Both of them are on disability. They entrusted their life savings to their Stifel broker, Adam Michael Chustz.

They contend that Stifel made the outrageous decision to concentrate their account with the Easterly ROCMuni fund. This is a speculative, illiquid, high-risk junk bond that lost more than half of its value over three days in June. Many millions of dollars were lost. Its stock price is now below $3.00/share.

Houston Securities Law Office

Published on: August 25, 2025 | by Shepherd Smith Edwards & Kantas, LLP

For Texas Investors Who Suffered Losses In iCapital VRF or Virage, The Time To Explore Your Legal Options Is Now

Contact our iCap VRF Investment Losses Attorneys in Houston, TX

Shepherd Smith Edwards and Kantas Houston Securities Law Office (investorlawyers.com) is continuing to speak with Texas investors who suffered losses involving iCapital VRF (AKA as iCap VRF) or Virage. iCap VRF is a feeder fund that is invested in Virage Capital Management.

Kentucky Securities Law Office

Published on: August 8, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Paducah, Kentucky Investor Whose Stifel Broker Sold You Easterly ROCMuni High Income Fund?

Meet With Our Investment Fraud attorneys in Paducah, Kentucky on Aug 7th-8^th, 2025

If you are a Kentucky investor who lost money in the Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMHVX) that was marketed and sold to you by a Stifel, Nicolaus & Co. financial advisor, Shepherd Smith Edwards & Kantas (investorlawyers.com) wants to talk to you. We will be in Paducah, KY to meet with you in person.

SEC Securities Fraud Lawyers

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

I Am An Investor. The Broker I Suspect Defrauded Me Is Under Investigation by the SEC. Should I Still Sue? Find Out The Answer To That Question From Our Knowledgeable SEC Securities Fraud Lawyers

Shepherd Smith Edwards and Kantas SEC Securities Fraud Lawyers (investorlawyers.com) represent investors who sustained losses because of financial advisor fraud or misconduct. True, there are instances in which the broker under scrutiny might also be also under investigation by the US Securities and Exchange Commission (SEC) over the same or similar allegations of wrongdoing. As an investor, you might think this is all that is needed to hold the stockbroker liable for the financial harm that you suffered. However, that is not necessarily true.

One reason is there is no guarantee even with an SEC investigation that the broker will be found to have done anything wrong; or, even that happens, that you will end up getting all of your money back. Not only that, but the Commission has been known to reach settlements in enforcement actions with financial advisors that did not include any restitution. Also, with regulatory cases resulting in restitution, the victims who were harmed may not necessarily recoup all of their losses.

Securities Lawyers

Published on: December 10, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Northstar Financial Services (Bermuda) Investor? Our Securities Lawyers May Be Able To Help

Owner Greg Lindberg Pleads Guilty To Criminal Charges In $2B Fraud Case

Shepherd Smith Edwards and Kantas Securities Lawyers (investorlawyers.com) continues to investigate claims of losses by investors whose financial advisors marketed and sold them Northstar Financial Services (Bermuda) annuities. Many of our clients are foreign nationals from Asia, Central America, and Europe whose brokers and investment advisers continued to get paid hefty commissions and fees for keeping investors in these troubled investments long after red flags appeared indicating something was amiss.