Selling Away

Recovering From Broker Fraud: Your Claim with Experienced Selling Away Attorneys

Published on: December 1, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Sustain Serious Portfolio Losses While Working Former LPL Financial Broker William Tunink?

Contact Our Selling Away Law Firm To Explore Your Legal Options

If you are an investor who worked with ex-LPL Financial registered representative William Bernard Tunink (AKA “Bill” Tunink), and you sustained serious investment losses when he was your financial advisor, please contact Shepherd Smith Edwards and Kantas Selling Away Attorneys (investorlawyers.com) today.

Selling Away Lawyers

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

Former Customer of Ex-Merrill Lynch Broker Greg Whelan Alleged Selling Away Losses. Our Selling Away Lawyers Are Investigating

Selling away can lead to serious investor losses. At Shepherd Smith Edwards and Kantas (investorlawyers.com), our Selling Away Lawyers are speaking to former customers of financial advisor Gregory DePaul Whelan who have experienced portfolio losses that they suspect may involve investments that were never approved by his then-brokerage firm Merrill Lynch, Pierce, Fenner & Smith.

Greg Whelan, who is now a Kovack Securities registered representative, resigned from Merrill Lynch last year following allegations of selling away and conflicts of interest. His CRD notes that at least one customer dispute alleging selling away, unsuitability, and misrepresentations that was filed concluded with a $3.5M settlement. Whelan denies wrongdoing.

Broker Fraud Loss Attorneys

Published on: April 28, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investment Losses While Working With Former LPL Broker Derek Copeland? Our Broker Fraud Loss Attorneys Are Looking Into Allegations of Selling Way Involving $11M in Outside Investments

Shepherd Smith Edwards and Kantas Broker Fraud Loss Attorneys (investorlawyers.com) are looking into claims of investor losses involving barred LPL Financial stockbroker Derek Lee Copeland. According to the Financial Industry Regulatory Authority (FINRA), the former North Carolina financial advisor allegedly raised almost $11M through 74 transactions involving 19 securities without the knowledge of LPL.

This is an illegal practice known as selling away. He purportedly used unapproved channels when communicating with clients. The self-regulatory organization (SRO) barred Copeland in March 2025.

Selling Away Attorneys

Published on: April 13, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Our Selling Away Attorneys Represent Investors In Recouping Your Losses

If you sustained investment losses and wondering whether broker misconduct or negligence played a part, contact Shepherd Smith Edwards and Kantas Selling Away Attorneys (investorlawyers.com) today. We have been representing US investors for more than 30 years against broker-dealer and investment advisers.

One type of stockbroker fraud that happens is called selling away. That is the term given to when a financial advisor sells a security that their firm has not vetted and approved to a client. This can be highly risky for the investor because this means that the brokerage firm has not done the necessary due diligence to ensure the investment’s legitimacy, safety, and compliance. This could expose the customer to potential fraud and loss.

Former UBS Broker Robert Turner in Waco, Texas May Have Stolen Over $17M From Customers

Published on: May 24, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Ex-UBS Financial Services Broker Robert Turner Investigated For Stealing Clients’ Money

Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is looking into claims of losses involving former UBS Financial Services broker Robert Earl Turner. Although no longer a registered broker or investment advisor, Turner worked in the industry for 31 years. He spent 25 years at UBS until October 2021. He is accused of stealing money from customers in a scam that allegedly lasted for over two decades.

In late 2021, Turner and his wife joined Stifel, Nicolaus, & Co. She is still with that firm, although Robert left after just several months in early 2022. While at UBS Financial Services, they reportedly oversaw $900M in customer assets and made about $3M in yearly revenue.

Suspended Delta Securities Broker Sean Casterline Allegedly Sold Away to Customers

Published on: January 24, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Florida Financial Advisor Sold Tuscan Gardens Growth and Income Fund Securities

Did you lose money while working with Delta Securities Company registered representative, Sean Donovan Casterline? If so, you may have grounds for pursuing damages. The longtime Florida financial advisor was suspended by FINRA in December 2021.

In FINRA’s action, the self-regulatory organization (SRO) accused Casterline of taking part in unauthorized private securities transactions through his alleged soliciting of about $1.5M in securities to 20 investors.

Ex-SagePoint Financial Broker Grant Birkley Faces $2.3M of Investor Fraud Claims

Published on: August 20, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Barred SagePoint Financial Broker Accused of Selling Away

Grant Christopher Birkley, an ex-SagePoint Financial stockbroker, is named in two pending customer disputes. He is accused of selling investment products that were not approved by his firm.

SagePoint Financial fired him last August after he admitted to making referrals to an external manager without the broker-dealer’s approval. In June, FINRA barred Birkley indefinitely after he declined to provide documents and information related to the self-regulatory authority’s probe into his termination by SagePoint.

Former Principal Securities Broker John Krohn Involved in $39M in Investor Fraud Claims

Published on: April 7, 2021 | by Shepherd Smith Edwards & Kantas, LLP

FINRA Suspended Ex-Iowa Stockbroker in 2018 For Selling Away

John Michael Krohn, a former Iowa broker with Principal Securities, is named in three customer disputes in which the claimants are collectively pursuing over $39.2M in damages for losses they sustained while working with him.

The investors contend that Krohn engaged in selling away, which involves offering them investments that his then-brokerage firm of record never approved. They are pursuing damages against Principal Securities, where Krohn was a registered representative for 20 years.

Customers Accuse Ex-Fortune Financial Services Broker Jonathan Freeze of Alternative Investment Fraud

Published on: October 13, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Former Canonsburg, Pennsylvania Stockbroker Faces Selling Away Allegations

Three years after the Financial Industry Regulatory Authority (FINRA) barred him, Jonathan Douglas Freeze remains the subject of eight pending customer disputes. Most of these investor claims accuse him of selling away and investing customers’ funds in Alternative Investment Holdings, a North Carolina real estate and investment holdings company, without Fortune Financial Services’ authorization.

Freeze worked 21 years in the industry. He also previously was a broker for Summit Brokerage Services, LPL Financial (LPLA), Lincoln Financial Advisors, and The Lincoln National Life Insurance Company.

Investor Sues Kestra Investment Services For IRA Losses Involving Barred Broker James Daughtry

Published on: May 29, 2020 | by Shepherd Smith Edwards & Kantas, LLP

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 around the same time that FINRA barred him indefinitely after he refused to testify in the self-regulatory (SRO)’s probe into allegations that he engaged in potentially fraudulent and unauthorized transactions in customers’ accounts.