Direct Participation Programs

Archive | Direct Participation Programs

Investors File Arbitration Claim Against Geneos Wealth Management

October 19, 2021  |   Posted by :   |   Breach of Fiduciary Duty, Direct Participation Programs, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against Geneos Wealth Management

Richard Mark Braverman (also known as Rich Braverman) of Lancaster Pennsylvania a stockbroker and investment adviser representative of Geneos Wealth Management is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $1,000,000.00 in damages based on accusations that Braverman gave unsuitable advice concerning direct investments including direct participation programs […]

Read More »

Investors File FINRA Securities Arbitration Against IFG Over Unsuitable Alternative Investments

October 08, 2021  |   Posted by :   |   Alternative Investments, Breach of Fiduciary Duty, Direct Participation Programs, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File FINRA Securities Arbitration Against IFG Over Unsuitable Alternative Investments

William Aubrey Morrow (also known as W. Aubrey Morrow) of San Diego California a stockbroker and investment adviser representative of Independent Financial Group (IFG) is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $100,000.00 in damages founded upon allegations that they were placed into unsuitable direct investments […]

Read More »

FINRA Securities Arbitration Claim Filed Against Moloney Securities For Suitability

October 08, 2021  |   Posted by :   |   Direct Participation Programs, FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Unsuitable Investment Recommendations   |   Comments Off on FINRA Securities Arbitration Claim Filed Against Moloney Securities For Suitability

Glennon James Cole (also known as Glen James Cole) of Manchester Missouri a stockbroker formerly registered with Moloney Securities Co. Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $400,000.00 in damages based on accusations that they were placed into unsuitable real estate securities and direct […]

Read More »

Investors File Arbitration Claim Against BCG For Sale Of Unsuitable Investments

September 03, 2021  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Failure to Conduct Due Diligence, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Investors File Arbitration Claim Against BCG For Sale Of Unsuitable Investments

Mark Charles Cohen of New York New York a stockbroker formerly registered with BCG Securities Inc. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought compensatory damages based upon accusations of Cohen selling unsuitable direct participation program interests and limited partnership interests during the period that he […]

Read More »

Investors File Arbitration Claim Against Triad Advisors For Direct Investments

August 15, 2021  |   Posted by :   |   Alternative Investments, Direct Participation Programs, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against Triad Advisors For Direct Investments

Michael Joseph Sievert (also known as Mike Sievert) of Jacksonville Florida a stockbroker formerly registered with Triad Advisors is the subject of a customer initiated investment related FINRA securities arbitration claim which was resolved for $78,000.00 in damages founded on allegations that the customer had been placed into unsuitable direct investments when Sievert was associated […]

Read More »

GF Investment Services Accused Of Unsuitable Recommendations

July 07, 2021  |   Posted by :   |   Direct Participation Programs, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on GF Investment Services Accused Of Unsuitable Recommendations

Christopher Grant Conness of Fort Lauderdale Florida a stockbroker formerly registered with GF Investment Services LLC is the subject of a customer initiated investment related written complaint on October 20, 2020 where the customer requested $50,000.00 in damages supported by allegations that Conness’ real estate investment trust recommendations were unsuitable for them. According to the […]

Read More »

Investors File Securities Arbitration Claim Against Western International Securities

June 12, 2021  |   Posted by :   |   Direct Participation Programs, Investment and Regulatory News, Private Placement Fraud   |   Comments Off on Investors File Securities Arbitration Claim Against Western International Securities

Clement Lancelot Chichester (also known as Clement Ignatius Chichester) of Westlake Village California a stockbroker formerly registered with Western International Securities Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested between $250,000.00 and $500,000.00 in damages supported by accusations that the customer received bad investment advice from […]

Read More »

Investors File Arbitration Claim Against David A. Noyes

April 18, 2021  |   Posted by :   |   Alternative Investments, Direct Participation Programs, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against David A. Noyes

James Royal Kirchner of Indianapolis Indiana a stockbroker formerly registered with David A. Noyes Company is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $250,000.00 in damages based upon allegations that the customer had been placed into alternative investments that failed to be suitable for them […]

Read More »

Investors Accuse Cetera Of Unsuitable Investment Recommendations

March 08, 2021  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Investment and Regulatory News   |   Comments Off on Investors Accuse Cetera Of Unsuitable Investment Recommendations

James Gregory McKinney (also known as Greg McKinney) of Tulsa Oklahoma a stockbroker formerly registered with Cetera Advisors LLC is the subject of a customer initiated investment related complaint on November 3, 2020 where the customer sought unspecified damages supported by allegations that they were provided with unsuitable investment recommendations from McKinney during the time […]

Read More »

Investors File Securities Arbitration Claim Against Accelerated Capital

March 08, 2021  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Failure to Conduct Due Diligence, Investment and Regulatory News   |   Comments Off on Investors File Securities Arbitration Claim Against Accelerated Capital

Aaron Paul Brodt of Scottsdale Arizona a stockbroker formerly registered with Accelerated Capital Group is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $430,000.00 in damages based upon allegations of Brodt’s failure to undertake due diligence prior to recommending that the customer purchase direct investments including direct […]

Read More »

Concorde Investment Services Sued For Negligence

January 19, 2021  |   Posted by :   |   Breach of Fiduciary Duty, Direct Participation Programs, FINRA Securities Arbitration, Investment and Regulatory News, Stockbroker Negligence   |   Comments Off on Concorde Investment Services Sued For Negligence

Richard Anthony Rodriguez  of Fruitland Park Florida a stockbroker formerly registered with Concorde Investment Services is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $150,000.00 in damages based upon allegations that the customer sustained losses on direct participation program interests or limited partnerships interests because of […]

Read More »

Geneos Wealth Management Sued For Breach Of Fiduciary Duty

January 19, 2021  |   Posted by :   |   Direct Participation Programs, FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs   |   Comments Off on Geneos Wealth Management Sued For Breach Of Fiduciary Duty

Richard Mark Braverman (also known as Rich Braverman) of Lancaster Pennsylvania a stockbroker currently registered with Geneos Wealth Management Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $90,000.00 in damages founded on allegations that it was not suitable for the customer to be sold direct investments […]

Read More »

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 […]

Read More »

Investors Accuse LPL Financial Of Fraudulent Sale of Unregistered Securities

September 14, 2020  |   Posted by :   |   Direct Participation Programs, Securities Arbitration Claims, Securities Fraud, Unregistered Securities   |   Comments Off on Investors Accuse LPL Financial Of Fraudulent Sale of Unregistered Securities

Kevin Joseph Kuhlow (also known as Kevin J. Cullen) of Los Gatos California a stockbroker formerly employed by LPL Financial LLC is referenced in a customer initiated investment related written complaint which was settled for $60,000.00 on January 10, 2019 founded on accusations that the customer had been invested by Kuhlow in worthless unregistered securities. […]

Read More »

Berthel Fisher Sued For Alternative Investment Fraud

August 27, 2020  |   Posted by :   |   Alternative Investments, Business Development Companies, Direct Participation Programs, Securities Arbitration Claims, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on Berthel Fisher Sued For Alternative Investment Fraud

Alvery Anthony Bartlett Jr. of Saint Louis Missouri a stockbroker formerly employed by Berthel Fisher Company Financial Services has been identified in a customer initiated investment related arbitration claim where the customer sought more than $5,000.00 in estimated damages founded on accusations that customers were placed into unsuitable alternative investments and that Berthel Fisher’s negligence […]

Read More »

Berthel Fisher Accused Of Alternative Investment Fraud

July 29, 2020  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Securities Arbitration Claims, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on Berthel Fisher Accused Of Alternative Investment Fraud

John William Carroll of Maumee Ohio a stockbroker formerly employed by Berthel Fisher Company Financial Services has been identified in a customer initiated investment related written complaint on May 13, 2020 where the customer sought more than $5,000.00 in damages founded on accusations that the customer had been placed into illiquid alternative investments including oil […]

Read More »

Investors File Claim Against Whitehall Parker For Alternative Investments

July 29, 2020  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Non-traded REITs, Tenants in Common (TICs)   |   Comments Off on Investors File Claim Against Whitehall Parker For Alternative Investments

James Marten Lamont of San Francisco California a stockbroker formerly associated with Whitehall Parker Securities Inc. has been referenced in a customer initiated investment related arbitration claim in which the customer requested $2,000,000.00 in damages supported by allegations that the customer had been placed into bad investments including real estate securities and direct investment products […]

Read More »

National Securities Sued By Investors For Fraud

July 29, 2020  |   Posted by :   |   Direct Participation Programs, Securities Arbitration Claims, Securities Fraud   |   Comments Off on National Securities Sued By Investors For Fraud

Kurt Anthony Stein of New York New York a stockbroker formerly employed by National Securities Corporation has been identified in a customer initiated investment related arbitration claim where the customer sought $35,000.00 in damages founded on accusations that misrepresentations were made to the customer by Stein concerning direct participation program interests or limited partnership interests […]

Read More »

Investors Sue VFG Securities For Misrepresentation

July 29, 2020  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Investors Sue VFG Securities For Misrepresentation

Mark Andrew Trewitt of Plano Texas a stockbroker formerly registered with VFG Securities Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested $150,000.00 in damages based upon allegations that the customer had been placed into bad alternative investments and that misrepresentations had been made to the customer […]

Read More »

Investors Sue Arkadios For GPB Holdings Fraud

July 11, 2020  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Securities Arbitration Claims   |   Comments Off on Investors Sue Arkadios For GPB Holdings Fraud

Michael Joseph Sievert (also known as Mike Sievert) of Jacksonville Florida a stockbroker currently employed by Arkadios Capital has been identified in a customer initiated investment related arbitration claim where the customer sought $500,000.00 in damages founded on accusations that the customer had been placed into bad direct investments including GPB Automotive and GPB Holdings […]

Read More »

Investors Sue IAA For Direct Investment Fraud

July 11, 2020  |   Posted by :   |   Direct Participation Programs, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Investors Sue IAA For Direct Investment Fraud

Michael Carleton Boothe (also known as Carleton M. Boothe) of Fort Lauderdale Florida a stockbroker formerly registered with International Assets Advisory is the subject of a customer initiated investment related arbitration claim in which the customer requested $200,000.00 in damages based upon allegations of negligence and fraud with regard to the customer’s investments in direct […]

Read More »

Kalos Capital Target Of Unsuitable Real Estate Securities Recommendations

June 23, 2020  |   Posted by :   |   Direct Participation Programs, Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Kalos Capital Target Of Unsuitable Real Estate Securities Recommendations

Joseph Patrick Roop (also known as Joepat Roop) of Belmont North Carolina a stockbroker formerly employed by Kalos Capital Inc. has been identified in a customer initiated investment related written complaint which was resolved for $17,500.00 in damages on January 29, 2020 founded on accusations that the customer was placed into unsuitable real estate securities […]

Read More »

National Securities Corp Sued For Private Placement Fraud

June 03, 2020  |   Posted by :   |   Direct Participation Programs, Private Placement Fraud, Securities Arbitration Claims, Securities Fraud   |   Comments Off on National Securities Corp Sued For Private Placement Fraud

Shane Rene Falcon of Miami Florida a stockbroker currently registered with National Securities Corp is the subject of a customer initiated investment related arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that the customer had been placed into a private placement which was not suitable for the customer when Falcon […]

Read More »

BCG Sued By Investors For Unsuitable Direct Investments

June 03, 2020  |   Posted by :   |   Direct Participation Programs, Misappropriation of Funds, Private Placement Fraud, Promissory Notes, Securities Arbitration Claims, Stockbroker Theft   |   Comments Off on BCG Sued By Investors For Unsuitable Direct Investments

Mark Charles Cohen of New York New York a stockbroker formerly registered with BCG Securities Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $50,000.00 in damages based upon accusations that (1) due diligence was not properly performed prior to Cohen having recommended or sold direct investments to […]

Read More »

Berthel Fisher Sued By Investors For Fraud

June 03, 2020  |   Posted by :   |   Alternative Investments, Direct Participation Programs, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Berthel Fisher Sued By Investors For Fraud

Jerry Dewayne McCutchen Sr. of Mobile Alabama a stockbroker formerly associated with Berthel Fisher Company Financial Services and NEXT Financial Group has been referenced in a customer initiated investment related arbitration claim in which the customer requested $168,000.00 in damages based upon allegations that misrepresentations and omissions had been made to the customer concerning equipment […]

Read More »

Dawson James Securities Sued By Investors For Fraud

May 13, 2020  |   Posted by :   |   Boilerroom Sales, Direct Participation Programs, Securities Arbitration Claims, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on Dawson James Securities Sued By Investors For Fraud

Kevin Lawrence Barbalace of Middletown New Jersey a stockbroker associated with Dawson James Securities is the subject of a customer initiated investment related arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that investment recommendations were not suitable and that misrepresentations and omissions had been made about direct participation program interests […]

Read More »

Investors Sue Centaurus Financial For Fraud

April 08, 2020  |   Posted by :   |   Direct Participation Programs, Private Placement Fraud, Securities Arbitration Claims, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue Centaurus Financial For Fraud

Bryon Edwin Martinsen of Kings Park New York a stockbroker associated with Centaurus Financial Inc. has been referenced in a customer initiated investment related arbitration claim which was settled for $25,000.00 in damages supported by allegations that the stockbroker’s investment recommendations failed to be suitable for the Centaurus Financial customer. Financial Industry Regulatory Authority (FINRA) […]

Read More »

Investors Sue Dawson James For Fraud

April 08, 2020  |   Posted by :   |   Direct Participation Programs, Securities Arbitration Claims, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue Dawson James For Fraud

Robert Douglas Armstrong of Boca Raton Florida a stockbroker registered with Dawson James Securities Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $96,000.00 in damages based upon accusations that (1) promissory statements and misrepresentations were made to the customer by Armstrong regarding direct participation programs and limited […]

Read More »

Cadaret Grant Stockbroker Barred In Investigation

April 08, 2020  |   Posted by :   |   Direct Participation Programs, Selling Away and Outside Activities   |   Comments Off on Cadaret Grant Stockbroker Barred In Investigation

Gerald Roger Dewes of East Amherst New York a stockbroker formerly registered with Cadaret Grant Co. Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings of Dewes’ failure to comply with the regulator during an investigation into his possible outside business activities and private […]

Read More »

Investors Sue Madison Avenue For Misrepresentation

Noel Ray Vincent of Southfield Michigan a stockbroker registered with Madison Avenue Securities LLC is the subject of a customer initiated investment related arbitration claim which was settled for $125,000.00 in damages based upon allegations of bad investment advice and misrepresentations being made to the customer in reference to mutual funds and equipment leasing securities […]

Read More »