Latin American Investor Pursuing Up to $500K in Northstar Financial Services (Bermuda) Damages An older Latin American investor who was unsuitably recommended and sold a Northstar Financial Services (Bermuda) product is requesting up to $500K in damages from Ocean Financial Services. The claimant, who initially just had accounts at Ocean…
Senior Investor’s Funds Were 100% Concentrated in Risky Offshore Investment Our Northstar Financial Services (Bermuda) investment lawyers have filed yet another FINRA arbitration claim against J.P. Morgan Securities, LLC (JPMS) over losses suffered by a foreign national. The claimant is a nun and elderly investor from Mexico who entrusted her…
Beechwood Bermuda Investor Was Unsuitably Recommended Non-Traded REIT Healthcare Trust Another Chinese investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Cetera Investment Services over losses suffered in Beechwood Bermuda (a Northstar Financial Services (Bermuda)-related product). This investor also suffered investment losses in the non-traded real estate…
Stone Beacon Capital CEO Faces Unsuitability and Negligence Allegations If you suffered investment losses while working with financial advisor Chadwick Charles Collins, please contact our California broker misconduct attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) today at (619) 550-4847. Collins, who was a Kestra Investment…
Ex-IFS Securities Broker Recommended Promissory Note to Elderly Investors The Financial Industry Regulatory Authority (FINRA) has barred ex-IFS Securities registered representative Steven Douglas Schisler beginning January 31, 2022. Schisler, who works out of the Greater Sacramento, California area, has been a financial planner and investment advisor for over 20 years.…
Cetera Broker-Dealer Unsuitably Recommended Non-Traded REITs to Retired Couple Shepherd Smith Edwards and Kantas, LLP (SSEK Law Firm at investorlawyers.com) and Menzer & Hill, PA, are pleased to announce that a Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded our clients a $2.6M award against First Allied Securities. This…
Ex-Wells Fargo Clearing Services Advisor Allegedly Misappropriated Funds from Elderly Investors Mario Everildo Rivero is charged with two counts of wire fraud, one count of securities fraud, and one count of investment advisor fraud. He was arrested on March 14, 2022. The ex-Wells Fargo Clearing Services broker is accused of…
Brokerage Firms Sold Infinity Q Diversified Alpha Fund and Volatility Alpha Fund to Investors The US Securities and Exchange Commission (SEC) has filed civil charges against James Velissaris, the founder and ex-chief investment officer of Infinity Q Capital Management. According to the regulator, Velissaris allegedly overvalued assets by over $1B…
SEC Says Older Seniors Were Defrauded of $1.2M by Garden State Securities Broker The U.S. Securities and Exchange Commission (SEC) filed civil charges against former Garden State Securities financial advisor Joseph Orazio DeGregorio. The previously registered broker, who worked at 14 firms in 14 years, is accused of defrauding four…
Several East West Bank Customers Worked With Cetera Broker Linda Fang Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is continuing to investigate claims of losses involving East West Bank customers who invested in Northstar Financial Services (Bermuda) products. East West Bank had signed a partnership agreement with…