Alabama Retiree Lost Retirement Savings To Broker Fraud and Negligence An investor in Alabama has filed a Financial Industry Regulatory Authority (FINRA) arbitration complaint against Kestra Investment Services, Inc. for retirement losses that she suffered while working with the now-former broker, James Daughtry. The firm fired Daughtry earlier this year…
Articles Posted in Broker Fraud
Did You Suffer Investment Losses? How a San Francisco Broker Fraud Lawyer Can Help
Throughout the San Francisco Bay Area, investors are finding themselves hit with huge investment losses, especially over the last few months as COVID-19 has shut down the economy, rattled the markets, and caused an oil price war. While the Coronavirus has negatively impacted many investments, you should know that some…
Investors of Preferred Stocks Suffer Losses As Market Undergoes Nearly 5% Drop
Unsuitability & Overconcentration May Lead to Unnecessary Investor Losses in Preferred Stocks If you are an investor in preferred stocks or preferred stock funds, you may have suffered losses as the preferred-stock market had dropped almost 5% since its mid-Feb peak. These stocks do carry some risk with them and…
Morgan Stanley Sued for Unsuitable Recommendations Over Harvest Volatility Strategy, MLPs and Other Complex Investments Made To A Texas Investor
Brokerage Firm Made Unsuitable Investment Recommendations to An Inexperienced Investor Our brokerage firm fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) have filed a Financial Industry Regulatory Authority (FINRA) arbitration against Morgan Stanley on behalf of an elderly Dallas, Texas investor. The investor in question sustained over…
Structured Products Are Not For Everyone In San Francisco. Here’s Why
Our San Francisco structured product fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) work with investors throughout the San Francisco Bay Area in helping them to recoup their losses. Structured products are not for everyone, although investors find them very attractive because they can provide the opportunity…
Securities Fraud In San Francisco: How You Can Protect Yourself
Becoming the victim of securities fraud in San Francisco can lead to devastating financial losses and there are steps that you can take to prevent that from happening. Even if your broker is registered with a known brokerage firm, there are questions you should ask and due diligence you can…
Investing In Real Estate Investment Trusts (REITs): What Are They and What Risks Are Involved?
For thirty years, Shepherd Smith Edwards and Kantas (SSEK Law Firm) has worked with investors seeking to recover losses they suffered because a broker and their broker-dealer sold them real estate investment trusts (REITs) that were too high risk for their portfolios. The unsuitability of REITs for many investors has…
National Securities Broker Michael Burkoff Accused of Unsuitable Investment Recommendations Involving Structured Products
National Securities Broker Investigated Over Unsuitable Investment Recommendations Our broker fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law firm) are looking into claims by investors who suspect that National Securities stockbroker Michael Burkoff recommended investments that were unsuitable for them. Burkoff is a registered representative with National Securities.…
Ex-Next Financial Broker Charles Doraine is Barred Following Puerto Rico Bond Fraud Allegations
Doraine Refused To Cooperate In FINRA’s Investigation The Financial Industry Regulatory Authority (FINRA) has barred former Next Financial broker, Charles Doraine after he refused to give testimony in the self-regulatory organization’s (SRO’s) probe into allegations that he unsuitably recommended Puerto Rico bonds to customers. Already, Doraine has been the subject…
David Lerner Associates May Have Sold Spirit of America Energy Fund, Energy Resources 12, and Energy 11 Investments to Conservative Investors and Retirees
Broker-Dealer Comes Under Scrutiny Over Energy, Gas, and Oil Investment Recommendations If you are a retail or conservative investor, a retiree, or any other investor unwilling or unable to take on too much risk and a David Lerner Associates broker sold you oil, gas, and energy investments, our investment fraud…