Current Investigations

Broker Churning Attorney

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

If You Sustained Investment Losses While Working With Suspended Spartan Capital Broker Jesse Krapf, Contact Us Today

New York Financial Advisor Is Suspended by FINRA for Alleged Churning, Unsuitable Trading, and More

Our Broker Churning Attorney teams are investigating claims of losses involving customers of Spartan Capital registered representative Jesse D. Krapf. The New York financial advisor was suspended by the Financial Industry Regulatory Authority (FINRA) for five months for allegedly unsuitable and excessive trading and violating Regulation Best Interest (Reg BI) while working with an older customer.

Dallas Elder Financial Abuse Lawyers

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Dallas Elder Financial Abuse Lawyers

Representing Older Texas Investors and Their Families In Recouping Their Portfolio Losses

Headquartered in Texas, Shepherd Smith Edwards and Kantas (investorlawyers.com) work with older investors and their loved ones in suing the financial advisors and their firms that committed elder financial abuse against them. Contact our Dallas, TX securities law firm today to explore your legal options.

Elder Financial Exploitation Law Firm

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Older California Couple Files Elder Exploitation Lawsuit Against Schwab, Bank of America, & Unchained Trading

Plaintiffs Lost Over $18.5M in Cryptocurrency Scam

Two older investors have filed an elder exploitation lawsuit accusing Bank of America, Charles Schwab, and Unchained Trading of failing to protect them from a scam that cost them more than $18.5M.

Chicago Financial Advisor Negligence Attorneys

Published on: November 7, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Investor Losses While Working With Cetera Broker Colin Kelty? Our Chicago Financial Advisor Negligence Attorneys Are Investigating

Shepherd Smith Edwards and Kantas (investorlawyers.com) is speaking to investors who sustained losses while working with Illinois broker Colin Christy Kelty, who has been a registered representative with Cetera Investment Services since 2011.

There are currently four disclosures on Kelty’s CRD, including a still pending unsuitable investment recommendation lawsuit involving structured products in which the claimant is seeking more than $1.5M in damages. Another still pending case, in which the investor is seeking $240K in damages, is accusing Kelty of failing to liquidate certain securities.

Houston, TX Elder Financial Abuse Lawyers

Published on: October 31, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Houston, TX Elder Financial Abuse Lawyers are Representing Older Investors & Their Families Against Broker-Dealers and Investment Advisers

Elder financial abuse is what happens when an older senior becomes the victim of financial exploitation. The perpetrator can be a friend, a relative, a caretaker, or even an unscrupulous financial professional. At Shepherd Smith Edwards and Kantas (investorlawyers.com), we represent Texas families in recovering their losses caused by elder financial abuse committed by a stockbroker or an investment adviser. We know suffering serious portfolio losses can be devastating and even more so if you are an older individual.

Who Is At Risk of Becoming The Victim of Elder Financial Abuse by a Stockbroker or an Investment Adviser?

FINRA Arbitration Attorneys

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas FINRA Arbitration Attorneys Secures $100,000 FINRA Arbitration Award Against TDAmeritrade

Our Client, An Older Investor, Was Defrauded By Scammers Through His Accounts With TDAmeritrade, now Charles Schwab & Co.

Our Texas elder financial abuse attorneys are pleased to announce that we have obtained a roughly $100,000 FINRA arbitration award for an Austin investor who lost much of his life savings after scammers managed to take money from his accounts with TDAmeritrade. The firm has since merged with Charles Schwab & Co.

SSEK Broker Misconduct Attorney

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Barred Brokers May Still Pose A Risk To Investors

Many Find Ways To Keep Working As Financial Advisors Despite Industry Expulsion

According to a Financial Advisor IQ article, hundreds of brokers who have been barred by the Financial Industry Regulatory Authority (FINRA) continue to find ways to stay in business even if it is no longer registered representatives with a broker-dealer. Many continue to promote themselves as trusted financial advisors, wealth planners, or insurance agents.

Mutual Fund Abuse Attorney

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Commonwealth Financial Network Ordered To Pay $93.3M Over Mutual Fund Revenue Sharing

SEC Alleged Breach of Fiduciary Duty When Firm Recommended Mutual Fund Shares That Paid It Fees

Earlier this year, Commonwealth Financial Network was ordered to pay $93.3M in a breach of fiduciary duty lawsuit filed by the US Securities and Exchange Commission (SEC) in 2019. The regulator claimed that the independent broker-dealer and investment adviser did not disclose material conflicts of interest involving revenue-sharing agreements with clearing firm National Financial Services.

Oregon Alternative Investment Lawyers

Published on: October 30, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Oregon Alternative Investment Lawyers

Our Portland, OR Investor Loss Recovery Law Firm Works Is Here To Fight For You

For over 30 years, Shepherd Smith Edwards and Kantas Oregon Alternative Investment Lawyers (investorlawyers.com) has helped clients to recoup the losses they sustained in alternative investments that may have been unsuitably recommended to them by their financial advisor. From our Portland law offices, we work with retail investors, retirees, high-net-worth investors, and institutional investors throughout Oregon.

Aegis Capital Loss Recovery Attorney

Published on: October 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did Aegis Capital Cause Investors To Lose At Least $5B?

Broker-Dealer Accused of Underwriting Questionable Stock Offerings

Shepherd Smith Edwards and Kantas (investorlawyers.com) are continuing to investigate allegations that Aegis Capital may have cost investors billions of dollars in its role as the underwriter of stocks of small companies that were about to be delisted or facing bankruptcy; purportedly, the only reason these companies were able to stay open was because the broker-dealer helped sell these “worthless stocks” to its customers, as well to customers of other brokerage firms.