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.
Brian Engstrom, Formerly of Stifel, Nicolaus & Co., Suspended by FINRA for Unsuitable Short-Term Trading of UITs
Engstrom was suspended for three months and ordered to pay [...]
Albert Harkless III, Formerly of PFS Investments, Barred by FINRA After Allegedly Converting Client Funds
Harkless allegedly used a customer’s funds for his own personal [...]
Jeffrey Hall Heely, Formerly of NMS Capital, Suspended by FINRA Over Alleged Undisclosed Outside Business Activity
Heely was suspended for two months based on allegations that [...]
Darren Oglesby, Broker for Money Concepts Capital Corp., Accused of Making Unsuitable Investment Recommendations
Oglesby was named in a customer dispute seeking $100,000 alleging [...]
Timothy Jan Vanlohuizen, Broker for Sagepoint Financial, Subject of Customer Disputes Totaling Over $450K
Vanlohuizen is accused of unsuitable investment recommendations, among other misconduct. [...]
Phillip Conley, Formerly of Merrill Lynch, Charged by SEC for Allegedly Defrauding Investors
Conley was accused of conducting a $5.2 million fraudulent securities [...]
Gerald Dewes, Formerly of Cadaret, Grant & Co., Barred by FINRA for Refusing to Appear for Testimony
Dewes was being investigated by FINRA based on potential participation [...]
Jonathan Pyne, Broker for Berthel, Fisher & Co., Accused of Unsuitable Investment Recommendations
Pyne has been named in four customer disputes that have [...]
Robert D’Andria, Broker for International Asset Advisory, LLC, Suspended by FINRA for Two Months
D’Andria allegedly recommended unsuitable NT-ETPs to his clients. The Sonn [...]
