Northstar Bermuda Hearing Will Take Place in San Francisco, California Two claimants from Tokyo, Japan are pursuing up to $500K in damages from UnionBanc Investment Services, LLC. The investors, who are related, contend that their UnionBanc broker overconcentrated all of their assets in Northstar Financial Services (Bermuda) and caused them…
FINRA Barred New York Financial Advisor Following Unsuitability & Churning Allegations If you have suffered investment losses while working with ex-Worden Capital Management broker Christ Elias Baltas, you may be able to pursue damages by filing a Financial Industry Regulatory Authority (FINRA) arbitration claim. Baltas, who was based out of…
Customers of San Francisco Financial Advisor Seek More Than $62 Million in Damages Our broker misconduct attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) are continuing to investigate claims of losses involving ex-J.P. Morgan Securities stockbroker, Edward L. Turley. Although Turley’s BrokerCheck record notes that he…
$400K UBS YES FINRA Arbitration Awarded to Investors in Baltimore, Maryland In one of the first in-person arbitration in the last 18 months, a Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded two investors $405K in their UBS Yield Enhancement Strategy claim against UBS Financial (UBS). Shepherd Smith Edwards…
Glacier Point Advisors Managing Partner is Ordered to Pay Customers More Than $1.2M in Restitution Kevin Marshall McCallum, a former LPL Financial stockbroker and the Managing Partner of Glacier Point Advisors has been suspended by the Financial Industry Regulatory Authority (FINRA) for a year. McCallum is ordered to pay over…
Retiree Suffers Significant Losses in PB Investment Holdings on Recommendation of Cetera Financial Advisor A Chinese national has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim over losses she suffered after a Cetera Investment Services advisor unsuitably recommended and sold a PB Investment Holdings annuity to her. The Bermuda-based…
Barred SagePoint Financial Broker Accused of Selling Away Grant Christopher Birkley, an ex-SagePoint Financial stockbroker, is named in two pending customer disputes. He is accused of selling investment products that were not approved by his firm. SagePoint Financial fired him last August after he admitted to making referrals to an…
Former Melville, NJ Financial Advisor Has Been Named in Six Disputes If you have suffered investment losses while working with ex-Aegis Capital stockbroker Scott Neil Hananel, contact Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) so that we can help you explore your legal options. Hananel, who is…
Claimants are Older South American Investors Who Suffered Six-Figure Loss Two investors have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Truist Investment Services, Inc., which is the broker-dealer unit of SunTrust Investment Services. The claimants, who are related, are seeking up to $500K plus interest and costs…
COVID Relief Loans Involved Undisclosed Business Outside Their Brokerage Firms According to InvestmentNews, ex-J.P. Morgan Securities broker Gloria Willis, former Merrill Lynch stockbroker Evelyn Batista, and ex-Wells Fargo financial advisor Kenric Sexton have either been barred or suspended from the securities industry. These Financial Industry Regulatory Authority (FINRA) sanctions were…