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.
Christopher Ortiz, Broker for National Securities Corporation, Named in $265k Customer Dispute Alleging Unsuitability
Ortiz is accused of recommending unsuitable private placements. The Sonn [...]
Arthur Hoffman, Formerly of Ameriprise Financial, Barred by FINRA For Failing to Cooperate with Investigation
FINRA was investigating Hoffman based on allegations of participating in [...]
Steven Luftschein, Formerly of Aegis Capital, Accused by FINRA of Churning and Unauthorized Trading
Luftschein is also named in a $200K customer complaint alleging [...]
Ambassador Advisors and its Principals Charged by SEC for Breaching Fiduciary Duties
Bernard Bostwick, Robert Kauffman, and Adrian Young, the principals of [...]
Todd Avery, Advisor for Rite Financial Group, Under Investigation by Kentucky Department of Financial Institutions
The Department is investigating allegations that Avery sold unregistered promissory [...]
Frank Avallone, Broker for National Securities, Named in Two Customer Disputes Alleging Unsuitable Investments
The combined damages being sought in the two disputes is [...]
Donald Woods, Formerly of LPL Financial, Suspended by FINRA After Allegations He Falsified Records
Donald Woods is also accused of making unsuitable investment recommendations, [...]
Timothy Kenska, Advisor for Citigroup Global Markets, Named in Customer Dispute Seeking $150K
The claimants allege material misrepresentations and unsuitability, among other claims [...]
David Krumrey, Formerly of Oppenheimer & Co., Named in Customer Dispute Alleging Breach of Fiduciary Duty
The claimants are seeking $300,000 in damages for Krumrey’s alleged [...]
