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.
Bryon Martinsen, Broker for Centaurus Financial, Named in Multiple Customer Complaints Alleging Unsuitable Investment Recommendations
Martinsen’s most recent customer complaint is seeking $5M in damages. [...]
James Daughtry, Formerly of Kestra Investment Services, Barred by FINRA for Refusing to Appear for Testimony
Daughtry was being investigated based on allegations of fraudulent and [...]
Marc Linsky, Broker for ProEquities, Named in Customer Dispute Involving GPB Capital Investments
Linsky allegedly recommended unsuitable investments in GPB Capital Holdings. The [...]
Robert Nicholas Korzik, Formerly of Ameriprise, Suspended by FINRA After Allegations of Unauthorized Private Securities Sales
Korzik was suspended for a period of nine months and [...]
Martin Noonan, Formerly of BMA Securities, Barred by FINRA for Refusing to Cooperate with Investigation
Noonan was being investigated based on allegations of unsuitable and [...]
Leonard Kinsman, Formerly of Wells Fargo, Barred by FINRA for Refusing to Appear for Testimony
Kinsman’s testimony was requested by FINRA in connection with its [...]
Robert Perlman, Broker for UBS Financial, Named in Customer Dispute Related to UBS Yield Enhancement Strategy (YES)
The customers are seeking $750K in damages based on unsuitability [...]
John Davenport, Broker for Liberty Partners Financial Services, Named in Customer Dispute Alleging Negligence and Misrepresentation
The dispute also alleges that Davenport recommended and sold securities [...]
Christopher Ortiz, Broker for National Securities Corporation, Named in $265k Customer Dispute Alleging Unsuitability
Ortiz is accused of recommending unsuitable private placements. The Sonn [...]
