Breach of Fiduciary Duty

Archive | Breach of Fiduciary Duty

Investors File Lawsuit Claim Against Centaurus Financial

January 03, 2021  |   Posted by :   |   Breach of Fiduciary Duty, Investment and Regulatory News   |   Comments Off on Investors File Lawsuit Claim Against Centaurus Financial

Robert Joseph Binkele of Indian Wells California a stockbroker formerly registered with Centaurus Financial Inc. is the subject of a customer initiated investment related civil action in the Superior Court of California in which the customer sought more than $5,000.00 in damages supported by allegations of breach of fiduciary duty by Binkele as it pertained […]

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FINRA Investigates Cantone CEO For Misrepresentation

December 22, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Investment and Regulatory News, Municipal Bond Fraud   |   Comments Off on FINRA Investigates Cantone CEO For Misrepresentation

Anthony Joseph Cantone of Eatontown New Jersey a stockbroker and Chief Executive Officer of Cantone Research is the subject of a Financial Industry Regulatory Authority (FINRA) investigation into allegations that Cantone omitted and misrepresented information about municipal bonds and had committed securities fraud. Case No. 2017055886402 (Oct. 29, 2020). According to FINRA Public Disclosure, Cantone […]

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FINRA Charges DH Hill Stockbroker In Investigation

December 22, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Business Development Companies, Investment and Regulatory News   |   Comments Off on FINRA Charges DH Hill Stockbroker In Investigation

Charles Thomas Stevens of Saint Augustine Florida a stockbroker formerly registered with DH Hill Securities LLLP has been charged by Financial industry Regulatory Authority (FINRA) Department of Enforcement with failing to testify regarding allegations of his concealment of judgements and tax liens. Department of Enforcement v. Charles Thomas Stevens. 2017056627801 (Dec. 1, 2020). According to […]

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Investors File Securities Arbitraton Claim Against Sagepoint For Breach Of Fiduciary Duty

December 22, 2020  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Securities Arbitraton Claim Against Sagepoint For Breach Of Fiduciary Duty

Daniel G. Dillard of Austin Texas a stockbroker formerly registered with Sagepoint Financial Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested compensatory damages estimated to exceed $5,000.00 based upon allegations that a fiduciary duty was breached and that misrepresentations and omissions had been made by the […]

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Investors Accuse First Allied Of Unauthorized Trading

December 22, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Investors Accuse First Allied Of Unauthorized Trading

Kevin Kimball Meadows of Liverpool New York a stockbroker formerly registered with First Allied Securities and Cape Securities is referenced in a customer initiated investment related written complaint on April 30, 2020 where the customer requested $168,000.00 in damages based upon allegations that transactions executed in the First Allied Securities customer’s account were not suitable […]

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UBS Accused By Investors Of Breach Of Fiduciary Duty

December 07, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on UBS Accused By Investors Of Breach Of Fiduciary Duty

Julian Howard Gingold of New York New York a stockbroker formerly registered with UBS Financial Services is the subject of a customer initiated investment related written complaint on February 25, 2019 where the customer sought more than $5,000.00 in damages founded on allegations that a fiduciary duty that was owed to the customer had been […]

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Investors File FINRA Securities Arbitration Against Wells Fargo File For Unauthorized Trading

December 07, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Investors File FINRA Securities Arbitration Against Wells Fargo File For Unauthorized Trading

Richard Jay Bernstein (also known as Richard Jay Berstein) of Incline Village Nevada a stockbroker and investment adviser representative of Wells Fargo Clearing Services is the subject of a customer initiated investment related arbitration claim which was settled for $15,000.00 in damages based upon allegations that unauthorized trades were executed in the customer’s account and […]

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Oppenheimer Bring FINRA Arbitration Claim Against By Investors For Breach Of Fiduciary Duty

December 01, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Oppenheimer Bring FINRA Arbitration Claim Against By Investors For Breach Of Fiduciary Duty

Eva Alla Kitova of New York New York a stockbroker formerly employed by Oppenheimer Co. Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $65,000.00 in damages supported by accusations of negligence and the violation of New York law as it pertained to over-the-counter equities that Kitova sold during […]

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Investors Bring FINRA Arbitration Claim Against Westpark Capital For Fraud

November 30, 2020  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Westpark Capital For Fraud

Lawrence John Fawcett Jr. (also known as Larry Fawcett Jr.) has been named in a customer initiated investment related arbitration claim where the customer was awarded $35,663.00 in compensatory and punitive damages founded on a FINRA Arbitrator finding Fawcett liable on the customer’s causes of action including breach of fiduciary duty and fraud as it […]

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Investors Bring FINRA Arbitration Claim Against Money Concepts For Breach Of Fiduciary Duty

November 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Money Concepts For Breach Of Fiduciary Duty

Christopher Paul Puffer of Louisville Kentucky a stockbroker formerly registered with Money Concepts Capital Corp and Money Concepts Advisory Services is the subject of a customer initiated investment related arbitration claim that was settled for $14,500.00 in damages based upon allegations of negligence and a breach of contract governing the customer’s alternative investment purchases including […]

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Investors Bring FINRA Arbitration Claim Against Network 1 For Breach Of Fiduciary Duty

November 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Network 1 For Breach Of Fiduciary Duty

Wills Schneider Henriquez (also known as Wills S. Henrtquez) of Brooklyn New York a stockbroker formerly registered with Network 1 Financial Securities Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $75,000.00 in damages based upon allegations that a fiduciary duty that was owed to the customer had […]

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Investors Bring FINRA Arbitration Claim Against Aegis Capital For Breach Of Fiduciary Duty

November 04, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Aegis Capital For Breach Of Fiduciary Duty

Yann C. Faho (also known as Jann C. Faho and as John Faho) of New York New York a stockbroker currently registered with Aegis Capital Corp is the subject of a customer initiated investment related arbitration claim where the customer requested $462,259.99 in damages founded on allegations that the customer had purchased unsuitable investments through […]

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More Investors Bring FINRA Arbitration Claims Against Aegis Capital For Unauthorized Trading

November 04, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on More Investors Bring FINRA Arbitration Claims Against Aegis Capital For Unauthorized Trading

Michael Christopher Venturino of Melville New York a stockbroker formerly registered with Aegis Capital Corporation is the subject of a customer initiated investment related arbitration claim where the customer sought between $100,000.00 and $500,000.00 in damages supported by accusations that a contract between the customer and the securities broker dealer had been breached and that […]

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Investors Bring FINRA Arbitration Claim Against Dawson James For Breach Of Fiduciary Duty

November 04, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Elder Financial Abuse, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Dawson James For Breach Of Fiduciary Duty

Dominic Joseph Linsalata Jr. of Boca Raton Florida a stockbroker currently registered with Dawson James Securities is the subject of a customer initiated investment related arbitration claim where the customer requested $670,237.00 in damages founded on allegations of elder abuse and breach of contract by Linsalata when Linsalata was associated with Dawson James Securities. Financial […]

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Investors Bring Securities Arbitration Claim Against Kalos Capital For Negligence

November 04, 2020  |   Posted by :   |   Alternative Investments, Breach of Fiduciary Duty, Direct Participation Programs, Failure To Supervise, Securities Arbitration Claims   |   Comments Off on Investors Bring Securities Arbitration Claim Against Kalos Capital For Negligence

Darren Michael Kubiak of Alpharetta Georgia a stockbroker formerly employed by Kalos Capital Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $250,000.00 in damages based upon allegations that a contract had been breached and that a fiduciary duty that was owed to the customer had been breached […]

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Investors Bring Arbitration Claims Against Cetera Advisors For Goldmine Scam

November 04, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Selling Away and Outside Activities, Stockbroker Negligence   |   Comments Off on Investors Bring Arbitration Claims Against Cetera Advisors For Goldmine Scam

Ken Alan Balser of Colorado Springs Colorado a stockbroker formerly registered with Cetera Advisors LLC has been referenced in a customer initiated investment related arbitration claim which was settled for $35,695.00 in damages based upon accusations of Balser breaching a fiduciary duty do the customer and having defrauded the customer while employed by Cetera Advisors […]

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Investors Bring FINRA Arbitration Claim Against Cadaret Grant For Breach Of Fiduciary Duty

November 04, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Cadaret Grant For Breach Of Fiduciary Duty

Gerald Roger Dewes of East Amherst New York a stockbroker formerly registered with Cadaret Grant Co. Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $1,710,000.00 in damages founded on allegations that a fiduciary duty that was owed to the customer had been breached and that the stockbroker […]

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Investors Bring FINRA Arbitration Claims A For Breach Of Fiduciary Duty

October 08, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claims A For Breach Of Fiduciary Duty

Gary Arthur Forrest of Flint Michigan a stockbroker formerly registered with American Portfolios Financial Services is referenced in a customer initiated investment related arbitration claim where the customer sought $300,000.00 in damages supported by accusations of negligence and the breach of fiduciary duty by the stockbroker with respect to his sales of real estate securities […]

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Investors Accuse First Allied Securities Of Fraud

October 08, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Securities Fraud, Stockbroker Negligence   |   Comments Off on Investors Accuse First Allied Securities Of Fraud

Dennis Patrick Thurman of Sioux Falls South Dakota a stockbroker registered with First Allied Securities and investment adviser representative of Arete Wealth Management LLC is identified in a customer initiated investment related complaint on March 15, 2019 in which the customer sought $11,997.97 in damages supported by accusations that a contract had been breached and […]

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Investors Bring FINRA Arbitration Claims Against Securities America For Fraud

October 08, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Investors Bring FINRA Arbitration Claims Against Securities America For Fraud

Jan Thomas Mohamed of Dallas Texas a stockbroker formerly registered with Securities America is referenced in a customer initiated investment related civil action brought in the District Court of Dallas County Texas in which the customer sought more than $5,000.00 in damages based upon accusations that deceptive and fraudulent insurance transactions were effected by the […]

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Investors Claim LPL Financial Made Unsuitable Energy Securities Recommendations

September 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Business Development Companies, Private Placement Fraud, Securities Arbitration Claims   |   Comments Off on Investors Claim LPL Financial Made Unsuitable Energy Securities Recommendations

William Perry Randall (also known as W. Perry Randall) of Rockford Illinois a stockbroker formerly registered with LPL Financial LLC is the subject of a customer initiated investment related arbitration claim in which the customer sought $40,000.00 in damages based upon accusations that the customer had been advised to invest in energy sector investments which […]

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SCF Securities Sued By Investors For Fraud

September 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Securities Fraud   |   Comments Off on SCF Securities Sued By Investors For Fraud

Murray Todd Petersen (also known as M. Todd Petersen) of Roseville California a stockbroker formerly employed by SCF Securities Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $960,000.00 in damages founded upon accusations of the breach of fiduciary duty and fraud as it pertained to an outside […]

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Investors Bring FINRA Abrbitration Claim Against WestPark Capital For Negligence

September 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Abrbitration Claim Against WestPark Capital For Negligence

John Anthony Orlando of Fort Lauderdale Florida a stockbroker formerly employed by WestPark Capital is referenced in a customer initiated investment related arbitration claim in which the customer sought $338,500.00 in damages supported by allegations that between August of 2016 and March of 2017, the customer had been sold securities in a bad private placement […]

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Investors Bring FINRA Arbitration Claims Against DAI Securities For Breach Of Fiduciary Duty

September 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Investors Bring FINRA Arbitration Claims Against DAI Securities For Breach Of Fiduciary Duty

Joseph Gerard Michaletz (also known as Joe Michaeletz) a stockbroker currently employed by DAI Securities LLC and an investment adviser representative of DAI Wealth Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $1,000,000.00 in damages founded upon accusations that the customer had been placed into bad alternative […]

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Investors Bring FINRA Securities Arbitration Claim Against Stifel Nicolaus For Selling Away

September 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Selling Away and Outside Activities   |   Comments Off on Investors Bring FINRA Securities Arbitration Claim Against Stifel Nicolaus For Selling Away

Joseph Hersey Pratt (also known as Joseph Butcher and as J.H. Pratt) of Conshohocken Pennsylvania a stockbroker formerly employed by Stifel Nicolaus is the subject of a customer initiated investment related arbitration claim where the customer sought $232,000.00 in damages founded upon allegations of the violation of Section 517 of the Florida Securities and Investor […]

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Stifel Nicolaus Stockbroker Barred For Failure To Pay Arbitration Award

September 14, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Stifel Nicolaus Stockbroker Barred For Failure To Pay Arbitration Award

David Wilson Fleming II of White Plains New York a stockbroker formerly registered with Stifel Nicolaus has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by accusations that he neglected to confirm with FINRA whether he paid $401,000.00 in compensatory damages plus interest to a customer as […]

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Mutual Securities Sued By Investors For Negligence

September 14, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Inverse/Leveraged ETF Funds, Securities Arbitration Claims   |   Comments Off on Mutual Securities Sued By Investors For Negligence

Jacob Ray Kagele of Tucson Arizona a stockbroker formerly employed by Mutual Securities Inc. is the subject of a customer initiated investment related arbitration claim where the customer was awarded $35,631.76 in compensatory damages supported by Kagele being found liable on the customer’s causes of action including that a contract between the customer and the […]

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Investors Sue Stifel Nicolaus For Fraud

September 14, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Investors Sue Stifel Nicolaus For Fraud

John Hoff Russell of Clayton Missouri a stockbroker and investment adviser representative currently registered with Stifel Nicolaus Co. Inc. has been named in a customer initiated investment related arbitration claim in which the customer was awarded $800,000.00 in compensatory damages supported by Russell being found liable on the customer’s causes of action including that FINRA […]

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Investors Bring Claim Against Windsor Street Capital Over Khan Scheme

September 14, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Private Placement Fraud, Selling Away and Outside Activities   |   Comments Off on Investors Bring Claim Against Windsor Street Capital Over Khan Scheme

Imtiaz A. Khan (also known as Raana Khan) of New York New York a stockbroker formerly registered with Windsor Street Capital LP is the subject of a customer initiated investment related arbitration claim which was settled for $28,400.00 in damages supported by accusations including the breach of a contract between the customer and Windsor Street […]

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ProEquities Stockbroker In Selling Away Investigation

September 14, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on ProEquities Stockbroker In Selling Away Investigation

Narinder Kaur Singh (also known as Narinder Dutt) of Sacramento California a stockbroker formerly employed by ProEquities Inc. and Farmers Financial Solutions LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that she failed to cooperate with a FINRA investigation into accusations of her […]

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