Broker Fraud Lawyers

UBS Group Ordered to Pay $5.5M To Investor For Alleged Stock Option Mismanagement

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

A FINRA arbitration panel ordered UBS Financial Services to pay $5.5M to a client for the improper handling of Compass Inc. shares and options during its 2021 IPO. The article highlights UBS’s history of high-value losses in litigation and invites affected investors to seek recovery through Shepherd Smith Edwards and Kantas.

Broker-Dealer Held Liable Over Handling of Investor’s Portfolio

A FINRA arbitration panel has ordered UBS Financial Services (UBS) to pay $5.5M to one client over its allegedly improper handling of his shares and options in real estate brokerage firm Compass Inc. around its 2021 initial public offering. The claimant happens to be a Compass real estate broker. He accused the brokerage firm of breach of fiduciary duties, deliberate and negligent misrepresentations, Regulation Best Interest violation, negligence, and other broker misconduct involving UBS’ recommendations and management of his portfolio.

Former Broker James Walesa Is Barred by FINRA

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

Our Broker Fraud Lawyers Continue To Investigate Investor Losses

The Financial Industry Regulatory Authority (FINRA) announced that it has barred former financial James Thaddeus Walesa. His former clients have filed at least 19 investor lawsuits accusing him of making unsuitable investment recommendations, including one case that was concluded with a $9.75M settlement.

Walesa is accused of making inappropriate investment recommendations in businesses that he owned, ran, or directed. So far, at least $18.3M in settlements have been paid by Triad Advisors (now Osaic) or Arkadios Capital. Both are accused of ignoring Walesa’s alleged broker misconduct when he worked with them. Many of the customer disputes involving him remain pending, including a case in which $34,000,000 is being sought.

Did You Suffer Investment Losses in Vintage DST, Which Was Sold To You By Your Financial Advisor?

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

Our Broker Fraud Lawyers May Be Able To Help

Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) are speaking to investors who suffered losses in Vintage Delaware Statutory Trusts (Vintage DST). This private placement Regulation D offering was sponsored by the now-defunct Crew Enterprises (f/k/a Versity Investments). It appears to have been unsuitably recommended to retail investors, retirees, and other unaccredited investors by financial advisors. Vintage DST is a risky, illiquid alternative investment. We are investigating the following brokerage firms or investment advisers that sold this private placement offering:

Aurora Securities

Attention Atlas Funds Investors Who Suffered Losses in These Private Placement Funds

Published on: December 20, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Broker Fraud Lawyers are Investigating Spartan Capital Securities For Selling These Alternative Investments

If you are an investor who has sustained losses in any of the 346 private placement investments from one of 16 offerings from Atlas Management LLC, including those involving the following, Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) wants to talk to you:

Atlas Fund III Ser B LLC (Klarna)

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 Lawyers

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

Texas Couple Sues Rockefeller Financial Over Virage (VRF) and Other Alternative Investment Losses. Our Broker Fraud Lawyers Are Representing These Retirees, Who Are Seeking Up To $1M in Damages.

If you are an investor who suffered losses in Virage (VRF), LP, Shepherd Smith Edward, and Kantas Broker Fraud Lawyers (investorlawyers.com) want to talk to you. We recently filed a FINRA lawsuit on behalf of two Texas seniors who are suing Rockefeller Financial for losses they sustained in this limited partnership, as well as in structured notes and other privately traded products that were completely unsuitable for them and not in their best interests. Now, our clients are requesting up to $1M in damages.

The older couple entrusted Rockefeller Financial with their life savings. In their FINRA arbitration case, they contend that then-Rockefeller Financial broker David Frankfort (also known as Samuel David Frankfort) promised to make sound recommendations that were not risky, per their request.

Broker Fraud Lawyers

Published on: June 24, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Investor Who Suffered Losses While Working With AG Morgan Financial Advisors, IA Vincent Camarda?

Retail Investors, Including Retirees, Report Devastating Portfolio Losses Related To Alleged AGM Fund Fraud

Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) continue to report claims of portfolio losses while working with Long Island-based investment adviser Vincent Jerome Camarda, who is with AG Morgan Financial Advisor. Camarda’s CRD shows at least 18 pending customer disputes brought over the past 12 months. Collectively, his former clients are seeking more than $23M related to the alleged AGM Fund Fraud.

Ponzi Scam Law Firm

Published on: May 27, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Are Premier Global Corp. Promissory Notes Part of A Mass $100M Ponzi Scam? Our Ponzi Scam Law Firm Are Investigating Ex-Gradient Securities Financial Advisor Nicholas Stovall

If you suffered serious investment losses after your stockbroker sold you a Premier Global Corp. promissory note or transferee agreement, Shepherd Smith Edwards and Kantas (investorlawyers.com) wants to talk to you.

There are growing suspicions that Premier Global Corp. may have been a more than Ponzi scam, which is what state securities regulators in Oklahoma and Kansas contend that it is. Misrepresentations of profitability were purportedly made. The notes’ issuers ended up defaulting on the notes.

Broker Fraud Lawyers

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

HJ Sims Investors Who Suffered Losses Should Contact Our Broker Fraud Lawyers Today. Brokerage Firm May Have Defrauded Customers With Sale of Reg D Offerings

Herbert J Sims (HJ Sims) is being investigated by Shepherd Smith Edwards & Kantas over allegations that its brokers sold unsuitable, perhaps even fraudulent proprietary private placement offerings to customers. Shepherd Smith Edwards and Kantas Broker Fraud Lawyers (investorlawyers.com) are looking into these claims and speaking to investors who may have been harmed.

Over the last decade, HJ Sims has sold at least 93 Regulation D private placement offerings collectively valued at about $2.2B. The broker-dealer exclusively sold 84 of these products, many of which its own executives are believed to have set up and controlled—setting up a possible conflict of interest from commissions or fees to be earned on both the offering and selling ends. A lot of these HJ Sims bonds have since defaulted. At least 43 HJ Sims Reg D offerings purportedly did not submit state-mandated yearly registration forms.

Investor Loss Lawyer

Published on: March 25, 2024 | by Shepherd Smith Edwards & Kantas, LLP

High-Net-Worth Investors Were Allegedly Targeted By Barred J.P. Morgan Securities Broker Antoine Souma. Our Investor Loss Lawyer Teams Are Investigating

If you suffered serious losses while working with former Beverly Hills financial advisor Antoine Nabih Souma, contact Shepherd Smith Edwards and Kantas Investor Loss Lawyer Teams (investorlawyers.com) During his 21 years in the industry, Souma was a registered representative at five brokerage firms, including J.P. Morgan Securities, Morgan Stanley, and Insigneo Securities (and also an investment adviser with Galliott Capital Advisors). A former top 100-Barron’s broker leading a team overseeing $3B in assets, he was barred by the Financial Industry in 2023 following allegations of excessive trading and other kinds of broker misconduct.

In 2019, JP Morgan Securities consented to pay $14M to settle a stockbroker fraud claim brought by one client of Souma’s who blamed him for a $20M loss. In 2022, an investor filed a $2M investment loss recovery lawsuit accusing Souma of margin abuse, unauthorized trading, and churning.