Investment Fraud Blog

Whistleblowers Awarded Substantial Compensation for Alerting SEC to Fraud and Misconduct in Separate Cases The U.S. Securities and Exchange Commission…

Whistleblower’s Information Led to Successful SEC Enforcement Action The U.S. Securities and Exchange Commission (SEC) announced a $3.6 million award…

According to SEC Complaint: Couture Accused of Misappropriating Millions From Advisory Clients The U.S. Securities and Exchange Commission (SEC) has…

Former Cetera Registered Broker and Investment Advisor Accused of Misrepresentation in Northstar Financial Services Investment Recommendation Levin Law, P.A. is…

Customer Dispute Against Financial Advisor Andrew Burish Alleges Recommendation Was Unsuitable Resulting in Substantial Investor Losses UBS is facing a…

Levin Law, P.A. Is Investigating Brokerage Firms That Recommended and Sold Non-Traded REITs Including Hospitality Investors Trust The national securities…

Joint Whistleblowers Receive Millions for Help in Several SEC Enforcement Actions The U.S. Securities and Exchange Commission has announced an…

Financial Advisor Gierbolini Received Nearly Two Dozen Customer Complaints or Allegations Merrill Lynch advisor Alex Jose Gierbolini (CRD#: 2894231) has…

Company Devastated by Volatile Economic Environment of COVID-19 Medley Capital Corporation (“MCC”), a business development company (BDC), has filed for…

Fund Suspends Redemptions and Announces Plan to Liquidate Amid Valuation Issues The national securities law firm Levin Law, P.A., is…

Levin Law, P.A. Investigates Possible Claims Related to Recommendations Made by RBC Capital Markets Stockbroker Brian M. Wurdemann (CRD#: 4206425)…

Bedwell Allegedly Forged Customer Documents Before Investing Retiree’s Money Former LPL Financial broker Rhett Douglas Bedwell (CRD#: 5664392) has been…

FINRA Censures Cetera and Issues Substantial Fine After Multiple Rule Violations The Financial Industry Regulatory Authority (FINRA) recently censured and…

Levin Law, P.A. is Investigating Brokerage Firms that Recommended and Sold Nine DST Securities The national securities firm, Levin Law,…

Scott W. Reed Allegedly Raised $3.5M for CA Company Without Notifying or Obtaining Approval from Wells Fargo Former Wells Fargo…

The OCC Has Announced a Civil Penalty Against the Bank for Engaging in Unsafe or Unsound Practices and More National…

Recovering Losses From Energy Sector Investments, Including Spirit of America, Energy 11, and Energy Resources 12 With David Lerner Associates…

Managing partner and Levin Law, P.A. founder Attorney Brian Levin has secured an arbitration award of over $500,000 against Arete…

Thousands of Investors Have Been Affected by GPB “Ponzi-like” Scheme The U.S. Securities and Exchange Commission has charged GPB Capital…

FINRA Arbitration Panel Awards Investor $404,482 for Allegis Investment Services’ Misconduct Brandon Curt Stimpson (CRD#: 4299623), former Allegis Investment Services’…

FSC Securities Corp.’s broker faces customer disputes for unsuitable recommendations on REITs and losses for over $3.5 million. Frank Briseno…

Wells Fargo Has Announced Plans to Stop Servicing Clients Residing Primarily Outside the U.S. Last week, Wells Fargo Advisors a/k/a…

Deutsche Bank Agrees to $130 Million Settlement Amid Accusations of Market Manipulation The national securities law firm, Levin Law, P.A….

Northstar Investors May Be Able to Recover Their Losses Through FINRA Arbitration National securities and investment fraud law firm Levin…

Regulators Allege Inadequate Risk Management Practices and Insufficient Framework to Avoid Conflicts of Interest JPMorgan Chase Bank, National Association (“JPMorgan”)…

FINRA Bars Former Morgan Stanley Broker after Failing to Comply with Requests for Information Levin Law, P.A., is investigating losses…

FINRA Arbitration Panel award Investor $404,482 for Allegis Investment Services’ Misconduct Brandon Curt Stimpson (CRD#: 4299623), former Allegis Investment Services’…

FSC Securities Corp.’s broker faces customer disputes for unsuitable recommendations on REITs and great losses for over $3.5 million. Frank…

Managing Partner Brian Levin Obtains over $11,000,000 in Recoveries for Clients The national securities and business litigation law firm, Levin…

Levin Law, P.A. Is Investigating Brokerage Firms That Recommended and Sold Braddock Fund Shares to Investors The national securities law…

Co-founder of Intrinsic Value Partners and broker from Noble Capital Markets faces customer disputes for material misrepresentations and investment fraud…

Unsuitable Sales of Complex Investment Products Prompts Statement From SEC Regarding Leveraged and Inverse Exchange-Traded Notes (ETNs) and Exchange-Traded Funds…

Conduct That Leads to Liability for Violating the Rights of Minority Shareholders In Michigan, shareholders may bring a cause of…

Stockbroker Freeze Continues to Face Customer Disputes for Alternative Investment Fraud Jonathan Douglas Freeze (CRD#: 2642023) is currently the subject…

Elizabeth Hughes and Gregory Felden Charged with Fraud  The Secretary of the Massachusetts Securities Division has brought an action against…

Investment Advisor Cynthia Cowden Barred by FINRA for Unsuitable Investment Recommendations. The Financial Industry Regulatory Authority (“FINRA”) barred former NPB…

Although several market sectors have been recovering in the economy thanks to a combination of stimulus checks, unemployment benefits, and…

Levin Law, P.A. Is Investigating Brokerage Firms for Recommendations Related to “Exercise and Hold” Strategies  The national securities law firm,…

Michael Cohn Avoids Trial By Pleading Guilty in Federal Case As previously reported by Levin Law, P.A. (“Levin Law”), Michael…

San Antonio Businessman Charged with Defrauding Retired Police Investors The U.S. Securities and Exchange Commission (SEC) announced charges against San…

The Securities and Exchange Commission (“SEC”) brought an action against former LPL Financial LLC broker, Matthew O. Clason (CRD#: 4692266)…

Troy R. Baily has settled with the Financial Industry Regulatory Authority (“FINRA”) after allegations of misconduct. In the FINRA settlement,…

J.P. Morgan Securities Continues to Face Regulatory Scrutiny J.P. Morgan Securities LLC (“JPM”), a broker-dealer subsidiary of JPMorgan Chase &…

Levin Law, P.A. is Investigating Brokerage Firms for Recommendations Related to “Exercise and Hold” Strategies  The national securities law firm,…

GPB Investors Need to Consider Filing Claims as Fallout Continues Securities regulators continue their investigations into GPB Capital Funds. After…

Registered Broker and Investment Advisor Subject of Multiple Customer Disputes According to publicly available information from the Financial Industry Regulatory…

The national securities, commodities, and class action law firm, Levin Law, P.A. is investigating brokerage firms, investment advisors, and banks…

National securities and investment fraud law firm, Levin Law, P.A. (“Levin Law”) is investigating brokerage firms that recommended and sold…

The national securities, commodities, and class action law firm, Levin Law, P.A. (“Levin Law”), is investigating Merrill Lynch and its…

Former Morgan Stanley Advisor Pleads Guilty to Stealing $6 Million from Investors – Evaluate Your Legal Options Michael Barry Carter…

J.P. Morgan Broker Edward Turley Subject of Customer Complaints Regarding Unsuitable Trading According to publicly available information from the Financial…

The Brokerage Firm Continues to Face Scrutiny From Multiple Regulatory Agencies According to a recently released Annual Audited Report provided…

Customer Disputes Allege Broker Made Unsuitable Recommendations According to publicly available information from FINRA, Raymond James & Associates, Inc. has…

Customer Disputes Allege that Broker Misstated Information and Over Concentrated Portfolio in Unsuitable Investments According to publicly available information from…

SEC Announces UBS Settlement Along With Cease-and-Desist Proceedings On July 20, 2020, the U.S. Securities and Exchange Commission (SEC) announced…

Former SEC Examiner Michael S. Cohn Indicted on Federal Charges GPB Capital Holdings, LLC (GPB) Managing Director and Chief Compliance…

Customer Dispute Alleges Broker’s Recommendations Were Misleading, Misrepresented, and Unsuitable According to publicly available information from the Financial Industry Regulatory…

Have You Suffered Losses After Investing in the United States Oil Fund (USO)? If you suffered losses due to investing…

According to publicly available information from the Financial Industry Regulatory Authority (FINRA), Seraphim M. Rine (CRD: 4305797) has received a…

Levin Law Is Investigating Brokerage Firm David Lerner Associates for its Possible Recommendations and Sales of Energy Limited Partnerships and…

Citigroup Broker Receives Seventh Complaint According to FINRA According to publicly available information through the Financial Industry Regulatory Authority (FINRA),…

Levin Law, P.A. Continues to Investigate Brokerage Firms that Sold GPB Capital Holdings Funds Levin Law, P.A. (“Levin Law”) is…

Morgan Stanley Smith Barney LLC (MSSB) was alleged to have provided misleading information to retail clients regarding its retail wrap…

Should you bring a claim against your stockbroker, banker, or other financial professional for energy sector, including MLP losses? The…

Stock Market Volatility Pummels UBS YES Strategy Investors The volatile climate of the stock amid the coronavirus pandemic has resulted…

FINRA Arbitration Claims May Help Investors to Recover Some Losses Stock market volatility during the last couple months has turned…

Kari Marlin Bracy has been Barred From Acting as a Broker or Associating with a Broker-Dealer Firm   Kari M…

Amid the COVID-19 Pandemic, Stock Markets Resemble 2008 Financial Crisis As the Coronavirus (COVID-19) sweeps the globe, so did one…

Should you bring a claim against your stockbroker, banker, or other financial professional?  Jeffrey Alan Eiler (CRD#: 1028716) is a…

Company that was set to revolutionize the beer industry faces a gritty future. According to an article in Forbes, Fishers,…

Broker Kevin C. Doyle Also Faces New Allegations of Excessive Trading The Financial Industry Regulatory Authority (FINRA) regulates brokers and…

Tupperware Has Suffered Catastrophic Losses to Its Stock Prices On February 24, 2020, Tupperware Brands Corporation (NYSE: TUP) issued a…

Despite Settlement Ending Criminal and Civil Investigations, Company Continues to Face Legal Issues  Banking giant, Wells Fargo agreed to a…

FINRA Hits Oppenheimer with $800k Fine and Requires Firm to Make Restitution On December 30, 2019, the Financial Industry Regulatory…

Citigroup, J.P. Morgan, LPL Financial, Morgan Stanley and Merrill Lynch All Fined in FINRA Crackdown In a News Release issued…

FINRA and Others Issue Censure Against Credit Suisse for Multiple Violations According to a  News Release issued by the Financial…

If you invested in a TCA Global Credit Fund (“TCA Global,” “TCA Credit,” “TCA Management,” or “TCA Fund”) through a…

Merrill Lynch customer seeks $500k for Alleged Broker Misconduct Regarding CYES Investment Recommendations Gordon Huntington Harper, Jr., CRD#: 5460504, has…

Levin Law Investigates CYES Strategies Offered by Merrill Lynch, Morgan Stanley, Credit Suisse, UBS, and Other Banks and Broker-Dealers Levin…

How Investors Were Misled Into Believing the UBS Strategy Would Yield Low-Risk Returns The UBS Yield Enhancement Strategy (YES) was…

Former Triad and Current Arkadios Broker Michael Sievert Under Scrutiny Michael Joseph Sievert, CRD#: 2127441, has two pending customer disputes,…

Wyshak, a Previously Registered Broker, Now Faces Several Customer Complaints John Charles Wyshak, (CRD#: 1272260) is facing multiple customer disputes…

Levin Law is Investigating Merrill Lynch Broker Peter Huffman After a Customer Complaint Alleging Unsuitable Recommendations and Misrepresentations Peter Huffman…

Cetera Advisors Accused Of Receiving $21 Million In Unlawful Gains The Securities and Exchange Commission (SEC) has filed an  Amended…

GPB Capital Holdings Investors Told It Will Not Receive Audit Information By End-of-Year as Promised As first reported by Investment…

FINRA Takes Regulatory Action Against Broker Darren Kubiak As part of an ongoing  investigation of brokers who made unsuitable recommendations…

Craig Siegel Suspended for Failing to Respond to Regulatory Agency The Financial Industry Regulatory Authority (FINRA) suspended against Former Broker…

Investors Allege Broker Defrauded Them Out of Millions On July 1, 2019, the Financial Industry Regulatory Authority (FINRA) issued a…

CYES Options Trading Strategy Far From Safe Bet for Some Investors Clients of some of the largest financial firms in…

Financial Firm Agrees to Sanction for Failure to Establish and Maintain Supervisory System According to a  Letter of Acceptance, Waiver…

FINRA Censures and Fines Financial Firm For Failing to Supervise Agent According to the Financial Industry Regulatory Agency (FINRA), Newbridge…

Levin Law, P.A. Files Additional FINRA Arbitration Claims against Royal Alliance, Triad Advisors, and Vanderbilt Securities on behalf of GPB…

Settlement Comes After Allegations of Improperly Charging Advisory Fees And Excess Commissions According to a recent press release by the U.S. Securities…

Andrew Pearse Charged in $2 Billion Mozambique Investment Fraud Scandal Multiple former bankers with Credit Suisse have been charged with…

Harvest Collateral Yield Enhancement Strategy (CYES) Fails to Deliver Harvest Volatility Management (“HVM”), founded in 2008 offers active, risk-managed investing…

Flatter Yield Curve Results in Significant Losses For Some Investors Investors are seeking recovery for losses sustained in leveraged steepener…

The Securities and Exchange Commission announced Wedbush Securities, a Los Angeles based broker-dealer, is being fined over $8 million to…

Former Broker Thomas Lee Johnson Barred After Depositing $1 Million Received in Error Thomas Lee Johnson (CRD#: 1215434) was recently…

In an article recently published by The Wall Street Journal (“WSJ”), the WSJ discussed how UBS’s Yield Enhancement Strategy (YES)…

Broker Under Scrutiny for Allegedly Receiving Misappropriated Funds According to  FINRA BrokerCheck, stockbroker Christopher Michael Zelesnick (CRD#: 1257500) has a pending…

Levin Law, P.A. Files Class Action On Behalf Of Investors In GPB Capital Funds To Seek Compensation For Losses As…

Levin Law, P.A. Files an Additional FINRA Arbitration Claim against Triad Advisors on behalf of GPB Investors and Continues to…

New Allegations Plague Beleaguered Investment Firm GPB Capital Holdings According to a recent article published by  InvestmentNews, GPB Capital Holdings…

Wells Fargo Business Partners Barred After Making Unsuitable Recommendations in High-Risk Energy Sector Charles Henry Frieda (CRD#: 5502319) was barred…

The Financial Industry Regulatory Authority (FINRA) handles disciplinary actions against registered brokers and brokerage firms. Investors can stay informed with…

GPB Capital Holdings, LLC (“GPB”) just delivered a significant blow to investors, marking down the value of various GPB Capital…

Levin Law, P.A. Files an Additional FINRA Arbitration Claim on behalf of GPB Investors and Continues to Investigate Brokerage Firms…

Levin Law, P.A. (“Levin Law”) is continuing its investigation regarding the due diligence and sales practices of securities brokerage firms…

According to information on FINRA’s BrokerCheck report , Registered Broker Debra Bourne Currently Faces Several Customer Disputes Registered Broker Debra…

Levin Law, P.A. Files Another FINRA Arbitration Claim on behalf of GPB Investors and Continues to Investigate Brokerage Firms that…

Broker and Investment Adviser, James Parrelly Faces New Complaint Allegations James Anthony Parrelly, CRD#: 728368, is a registered representative with…

Massachusetts Secretary of Commonwealth Announces Regulatory Investigation Against Wells Fargo In a recent press release, Massachusetts Secretary of the Commonwealth,…

Customers Who Suffered Losses in Sheaff Brock’s Put Income Strategy Through TD Ameritrade May Be Able Recover Investment Losses Through…

GPB Capital Holdings Investors Should Consider Their Legal Options Embattled GPB Capital Holdings Under Continued Scrutiny After Failing to Make…

On March 5, 2019, the U.S. Securities and Exchange Commission (the “SEC”) announced that BB&T Securities had agreed to a…

Former Registered Broker and Investment Adviser B Dembla, a/k/a Ben Dembla and Bhenoy Dembla, has been barred by the Financial…

It was announced in February 2018 that the Division of Enforcement of the Securities and Exchange Commission would be offering…

The job of a stockbroker, also known as a financial advisor, wealth manager, investment advisor, or private banker, is to…

The Financial Industry Regulatory Authority (FINRA) is a non-profit organization and regulatory agency that helps protect investors. FINRA enables investors…

On March 13, 2019, the U.S. Securities and Exchange Commission (the “SEC”) announced that Wedbush Securities Inc. would be required…

If you invested in a GPB Capital Holdings Fund, please contact Levin Law immediately. Following allegations that GPB Capital Holdings…

Levin Law, P.A. (“Levin Law”) is investigating claims involving investment made with Global Credit Recovery, LLC, Delmarva Capital, LLC, Rhino…

Levin Law, P.A. (“Levin Law”) is investigating claims involving broker-dealers, stockbrokers, registered investment advisors, and financial advisors who recommended and…

Levin Law, P.A. (“Levin Law”) is investigating claims against Intl FC Stone (“FCStone”) for financial losses resulting from investments made…

Levin Law, P.A. (“Levin Law”) is investigating claims against Westpark Capital, a securities brokerage firm that provides investment banking and…

UBS Financial Services is a multinational financial services firm that is involved in virtually all major financial activities from retail…

Levin Law, P.A. (“Levin Law”) has filed an arbitration claim in the Financial Industry Regulatory Authority (“FINRA”) against Aegis Capital…