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.
William Frier, Formerly of Parkland Securities, Accused of Recommending Leveraged ETFs
Frier is named in a customer dispute alleging unexplainable losses [...]
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 [...]
