Browse Investment Loss News Related to Brokers, Advisors, and Firms
Our primary blog addresses a wide spectrum of investor-related issues; this section focuses specifically on investment losses tied to brokers, advisors, and financial firms.
Wenjinn Chang, Broker for Independent Financial Group, Named in Customer Dispute Alleging Unsuitable Investments
Chang is also accused of over-concentrating the client’s portfolio. The [...]
Mark Reinstein, Formerly of Sandlapper Securities, Facing Multiple Customer Disputes Alleging Unsuitable Recommendations
Reinstein currently has two pending disputes against him seeking a [...]
Robert David, Formerly of Morgan Stanley, Facing Multiple Customer Disputes Alleging Misconduct
David currently has two pending disputes against him seeking a [...]
Viqas Akhtar, Broker for National Securities Corporation, Named in Multiple Customer Disputes Alleging Unsuitability
Akhtar currently has two pending disputes against him seeking a [...]
Barry Pechenik, Broker for Morgan Stanley, Named in Customer Dispute Seeking $1M in Damages
The customer alleged that Pechenik recommended unsuitable investments. The Sonn [...]
Kerri Jamison, Broker with Newbridge Securities, Named in Customer Disputes Seeking Almost $400k
Jamison is currently facing three pending customer disputes alleging unsuitability, [...]
Michael Catoggio, Former CEO of First Standard Financial, Suspended By FINRA for Two Months and Order to Pay Fine
Catoggio faced allegations that he failed to implement a compliance [...]
Sampson Pearson Jr., Formerly of Northwestern Mutual Investment Services, Accused of Defrauding Clients
Northwestern Mutual was fined $350k for failing to prevent Pearson [...]
Kevin Nevin, Formerly of Sandlapper Securities, Named in a Customer Dispute Alleging Unsuitable Investment Recommendations
The customer is seeking $400K in damages for Nevin’s alleged [...]
