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.
Adam Lunceford, Financial Advisor at LPL Financial, Named in Customer Dispute Seeking $250,000
Adam Lunceford is facing allegations that he recommended unsuitable investments [...]
Frederick Stow, Formerly of Raymond James & Associates, Discharged Following Allegations of Client Fund Misappropriation
Frederick Stow was terminated from his position in May 2019 [...]
Ami Forte and Charles Lawrence, Formerly of Morgan Stanley, Barred by FINRA for Alleged Churning
Forte and Lawrence allegedly churned accounts of an elderly client [...]
Dennis Mehringer Jr., Formerly of Western International Securities, Barred by FINRA Following Refusal to Provide Information
Dennis Mehringer Jr. refused to appear for testimony as requested [...]
Wallachbeth Capital Consents to Censure and $60,000 Fine
Wallachbeth Capital allegedly failed to maintain policies to prevent misconduct. [...]
Charles Bridgers, Formerly of Wells Fargo, Suspended and Fined by FINRA for Allegedly Purchasing Bonds without Client Authorization
Charles Bridgers is facing allegations that he entered two municipal-securities [...]
Mark Cramer, Formerly of MML Investors Services, Suspended and Fined by FINRA
Mark Cramer is facing allegations of forging a client’s signature [...]
Madison Avenue Securities and Crystal Bay Securities Accused of Negligence in Connection with Sale of GPB Capital Stock
Two different claimants are seeking a combined $1.5 million in [...]
Two Broker-Dealers Going Out of Business Following Major Losses
Taylor Capital Management and Triloma Securities set to close for [...]
