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.
Rodney Potratz, Employed by FSC Securities, Named in Customer Dispute Concerning Alternative Investment Recommendations
The customer is seeking damages of $6M for Potratz’s allegedly [...]
Gustavo Trujillo Franco, Formerly of Global Strategic Investments, Named in FINRA Complaint Regarding Alleged Fraudulent Wire Transfers
Franco allegedly failed to appear for testimony requested by FINRA [...]
Kimberly Springsteen-Abbott, Formerly of Commonwealth Capital Securities, Barred by FINRA for Allegedly Misusing Investor Funds
FINRA barred Springsteen-Abbott after investigations into misusing client funds and [...]
Daryl Serizawa, Formerly of Independent Financial Group, Under Investigation for Recommending GPB Capital Private Placements
Serizawa, currently employed by Woodbury Financial, is accused of selling [...]
Martin Batstone, Formerly of Newbridge Securities, Barred by FINRA Following Allegations of Converting Funds
Batstone allegedly transferred customer funds to his personal accounts to [...]
Thomas Murphy, Formerly of Merrill Lynch, Suspended by FINRA Following Allegations of Signing Outside Subscription Agreements Without Authorization GalleryThomas Murphy, Formerly of Merrill Lynch, Suspended by FINRA Following Allegations of Signing Outside Subscription Agreements Without Authorization
Thomas Murphy, Formerly of Merrill Lynch, Suspended by FINRA Following Allegations of Signing Outside Subscription Agreements Without Authorization
Murphy is facing a four-month suspension and a fine of [...]
Richard Cody, Formerly of IFS Securities, Receives Final Judgment in Favor of SEC
Cody previously pled guilty to criminal charges alleging that he [...]
Ronald Hannes, Formerly of Woodbury Financial Services, Barred by FINRA for Refusing to Provide Documents and Information
Hannes refused to provide documents and information requested by FINRA [...]
Jeffrey Nimmow, Formerly of Forest Securities, Inc., Accused of Unauthorized Sales of Woodbridge Promissory Notes
Nimmow allegedly sold promissory notes to investors totalling over $3M, [...]
