FINRA Bars Ex-Registered Rep, Who Wouldn’t Cooperate In Investigation Christopher Duke Bennett, an ex-Hilliard Lyons broker, is barred by the Financial Industry Regulatory Authority (FINRA). Bennett has been the subject of 15 numerous securities fraud customer disputes over the years. The bar comes after he refused to cooperate in the…
Former National Securities Stockbroker Named in Over 12 Customer Disputes Thomas Edison Kelly, Jr., an Aegis Capital broker, has been the subject of a number of customer complaints between 2013 and 2020, three of which are still pending. Prior to working for Aegis Capital in 2018, Kelly was a National…
K-1 Tax Documents Delayed Past Tax Deadline In the latest GPB Capital news, the firm has notified investors of its GP Holdings II, LP fund that they won’t be getting their 2019 Schedule K-1 tax documents ahead of or by July 15, 2020, which is when US tax filings are…
Diamond and Other Kalos Capital Brokers Are Accused of Broker Fraud Arni Diamond, who is now a registered representative with Dempsey Lord Smith, is currently the subject of a pending $200K broker fraud claim accusing him of making unsuitable alternative investment recommendations reportedly while he was a Kalos Capital broker. …
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.…
Cohn, Also A Former SEC Examiner, Is Charged With Obstruction The criminal trial of Michael Cohn, the ex-GPB Capital Holdings chief compliance officer, has been postponed after he expressed concern that his pre-existing health conditions placed him at a higher risk of contracting the coronavirus (COVID-19). Cohn is charged by…
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…
FMSBonds May Not Have Apprised Frontier Communications Investors Of The Risks If you purchased Frontier Communications bonds from FMSBonds, also known as First Miami Securities, or any other bonds that have turned out riskier than what was represented to you, please contact our broker fraud lawyers at Shepherd Smith Edwards…
Watch Out for Brokers Looking to Make High Commissions During COVID-19 With the market crashing in the wake of the Coronavirus (COVID-19), many investors are suffering from massive losses in their portfolio and are looking to their brokers for investment advice. Unfortunately, not all stockbrokers work with their customers’ best…
UBS YES Strategy Losses May Be Grounds For A Claim Our investment fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) are continuing to offer free, no-obligation case consultations to investors that lost money in the UBS Yield Enhancement Strategy (YES). SSEK Law Firm represents clients throughout the…