Wrongful Investment Referral

Archive | Wrongful Investment Referral

SagePoint Financial Stockbroker Barred In Investigation

July 07, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Wrongful Investment Referral   |   Comments Off on SagePoint Financial Stockbroker Barred In Investigation

Grant Christopher Birkley of Barrington Illinois a stockbroker formerly registered with SagePoint Financial Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he failed to cooperate with a FINRA investigation during which time he was probed on making possible referrals to an outside […]

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FINRA Bars SagePoint Stockbroker In Investigation

June 12, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Wrongful Investment Referral   |   Comments Off on FINRA Bars SagePoint Stockbroker In Investigation

Cynthia Komarek (also known as Cynthia Ann Brown and as Cynthia Brown Pearson) a stockbroker formerly registered with SagePoint Financial Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Komarek neglected to cooperate with FINRA during the period that she was under investigation […]

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Investors Accuse Wells Fargo Of Investment Fraud

Glen Joseph Webster of Appleton Wisconsin a stockbroker formerly registered with Wells Fargo Clearing Services LLC is referenced in a customer initiated investment related complaint which settled for $145,000.00 on March 14, 2017 based upon allegations that the customer was not provided adequate information concerning the costs of disengaging an outside money manager’s covered call […]

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FINRA Bars Independent Financial Broker For Obstruction

Jon Richard Pariser of Pacific Grove California a stockbroker formerly registered with Independent Financial Group LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to cooperate with FINRA’s investigation into Pariser’s referral of customers to an unregistered individual who […]

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Citigroup Global Markets Inc. Consent to $178 Million Fine For Hedge Fund Fraud

Citigroup Alternative Investments LLC is a subsidiary of Citigroup Global Markets Inc., and between 2002 and 2008, they raised approximately $2.898 billion from approximately 4,000 investors into two now-defunct hedge funds—the ASTA and MAT funds (“ASTA/MAT”) and the Falcon Strategies funds (“Falcon”). These funds were recommended and sold by two groups of individuals, the “financial […]

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SEC Charges Morgan Stanley and Former Adviser with Misleading Clients

The Securities and Exchange Commission today charged Morgan Stanley and one of the firm’s former investment adviser representatives with securities law violations for misleading clients about the money managers being recommended to them and failing to disclose conflicts of interest. According to the SEC’s orders in the case, Morgan Stanley breached its fiduciary duty to […]

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