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Easterly ROCMuni Fund Investor Sues Stifel, Nicolaus & Co

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

Easterly ROCMuni Fund Investor in Paducah, KY, Who Worked With Stifel Broker Adam Chustz, Sues Stifel, Nicolaus & Co. For Up To $5,000,000

Shepherd Smith Edwards and Kantas Is Representing This Claimant and Many Other Easterly Fund Investors

Our seasoned securities law firm is representing another former customer of Stifel, Nicolaus & Co. (“Stifel”) broker Adam Michael Chustz (“Chustz”) over massive losses sustained in the Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMVHX). The claimant, an elderly widow with little investing experience, is suing the broker-dealer for up to $5,000,000 in damages in FINRA arbitration.

Stockbroker Negligence Law Firm

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

Have You Ever Been A Customer of Former Merrill Lynch Broker Greg Whelan? If You Suffered Portfolio Losses During That Time, Contact Our Stockbroker Negligence Law Firm

The Shepherd Smith Edwards and Kantas Stockbroker Negligence Law Firm (investorlawyers.com) is investigating claims of portfolio losses by current or former customers of Fort Lauderdale, Florida, broker Greg Whelan, who is now with Kovack Securities.

He was a Merrill Lynch, Pierce, Fenner & Smith financial advisor from 2013 to 2025 but voluntarily resigned from that firm following allegations of selling away, conflict of interest, and more. According to Greg Whelan’s CRD, he has worked for 16 years in the industry.

Dallas Failure To Supervise Attorneys

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

Suing Broker-Dealers Who Breached Their Fiduciary Duty To Texas Investors

Brokerage firms have a duty to properly oversee their registered representatives and their activities in customer accounts. When a failure to supervise allows or neglects to prevent broker fraud from happening, an investor who suffers losses as a result may be able to sue for damages.

Shepherd Smith Edwards and Kantas Dallas Failure To Supervise Attorneys (investorlawyers.com) represent Texas investors who have fallen victim to failure to supervise by their broker-dealer. Contact our Dallas, Tx supervisory negligence law firm today to request your free, no obligation consultation.

SSEK Annuity Fraud Lawyers

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

Representing Northstar (Bermuda) Investors From Latin America, Central American, and South America. Our Annuity Fraud Lawyers Work With International Investors In Pursuing Damages From US-Based Brokerage Firms

Shepherd Smith Edwards and Kantas Annuity Fraud Lawyers (investorlawyer.com) continue to represent investors whose US broker unsuitably marketed and sold them annuities in the now-bankrupt Northstar Financial Services (Bermuda). Unfortunately, this offshore investment was sold to many non-US citizens, including those who specifically turned to broker-dealers in this country in the hope of securing a safe haven for their assets.

Instead, many investors from Latin America, Central America, and South America were sold annuities in a Bermuda entity owned by Greg Lindberg, who recently pleaded guilty to defrauding annuity investors of $2B. Lindberg was long suspected of funneling money from his insurance companies to his special-purpose vehicles.

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.

Houston Broker Negligence Law Firm

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

Did You Suffer Investment Losses While Working With UBS Broker Thomas Jenkins? Our Houston Broker Negligence Law Firm is Here To Help

Shepherd Smith Edwards and Kantas (investorlawyers.com) is investigating claims of losses involving UBS Financial Services broker Thomas Jenkins. The Houston, TX financial advisor was recently accused of negligence and breach of fiduciary duty by former customers who are suing for $1,000,000 in damages.

The claimants contend that Jenkins did not follow their instructions to move assets to certain trusts in a timely manner and this led to tax liabilities. The FINRA arbitration case is over fixed income and equities.

Financial Advisor Fraud Attorneys

Published on: December 29, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Retail Investors Were Defrauded by Fired Western International Securities Broker Christopher Booth Kennedy, Alleges SEC . Former Financial Advisor Agrees to Pay Over $2.1M To Settle Regulator’s Fraud Lawsuit

If you are an investor who suffered losses while working with ex-Western International Securities stockbroker Christopher Booth Kennedy, contact Shepherd Smith Edwards and Kantas Financial Advisor Fraud Attorneys (investorlawyers.com) today. We are continuing to investigate claims by retail investors that he may have allegedly defrauded.

Kennedy, who was barred by the Financial Industry Regulatory Authority last year, settled US Securities and Exchange Commission (SEC) charges accusing him of running a scam to defraud retail investors by unsuitably recommending costly investment strategies, including the making of short-term bets, and then allegedly concealing “substantial” losses (even inflating false returns) using bogus financial statements. Without denying or admitting to wrongdoing, the former California broker will pay more than $2.1M, including a $958K penalty and $1.8M in disgorgement plus prejudgment interest.

L Bond Loss Recovery Lawyers

Published on: December 29, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Retiree Widow Files Six-Figure GWG L Bond Loss Recovery Lawsuit Against Ni Advisors. California Financial Advisor Sui-Hock Goy Is Accused of Negligence And other Misconduct

Shepherd Smith Edwards and Kantas L Bond Loss Recovery Lawyers (investorlawyers.com) are representing another claimant who is suing brokerage firm Ni Advisors over their GWG L Bond losses. This client, an inexperienced investor, is an octogenarian widow.

Also a respondent in the case is Ni Advisors broker and President Sui-Hock Goy. In her FINRA arbitration claim, our retiree client is alleging unsuitable investment recommendations, misrepresentations and omissions, failure to supervise, negligence, and more. She is requesting up to $500K in damages.

Alternative Investment Loss Attorney

Published on: December 29, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Investor Who Suffered Hatteras Investment Partners Fund Losses?

You May Have Been The Victim of Unsuitability or Other Broker Misconduct

If you sustained losses in one of the following Hatteras Investment Partners Funds, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today to schedule your free, initial case consultation:

REIT Loss Law Firm

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

SmartStop Self Storage REIT Investors May Want To Explore Their Legal Options. Our Seasoned Non-Traded REIT Loss Law Firm Are Here To Help Determine Whether You Have Grounds For A Broker Fraud Case

Shepherd Smith Edwards and Kantas (investorlawyers.com) continue to investigate whether investors who have sustained losses in SmartStop Self Storage should be filing a claim for financial recovery against their broker-dealer that allegedly unsuitably recommended that they invest in this self-managed non-traded real estate investment trust (non-traded REIT).

Recently, SmartStop Self Storage announced to shareholders that it was suspending both its share redemption program and its distribution reinvestment plan as it considered “alternatives for stockholder liquidity.” This is not the first time SmartStop has suspended its share redemption program.