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.
Two Broker-Dealers Going Out of Business Following Major Losses
Taylor Capital Management and Triloma Securities set to close for [...]
Jamie Westenbarger, Formerly of Securities America, Barred by FINRA for Borrowing Funds from Clients
Jamie Westenbarger is facing allegations that he received a $60,000 [...]
Erlloisse Magan, Formerly of TD Ameritrade, Suspended by FINRA and Fined $10,000
Erlloisse Magan is facing allegations that she engaged in activities [...]
Cetera Advisors, LLC Charged with Breach of Fiduciary Duty and Defrauding Clients
The SEC alleges that unlawful gains in the amount of [...]
Yvonne Silguero, Financial Advisor for LPL Financial, Involved in $500,000 Customer Dispute
Yvonne Silguero is facing multiple allegations stemming from activity between [...]
Rob Burns, Registered Representative with Cetera Advisors Networks, Involved in $500,000 Customer Dispute
Rob Burns is facing allegations of overconcentration and recommending unsuitable [...]
Maureen Scalzo, Formerly of Benjamin F. Edwards & Company, Barred by FINRA Following Failure to Testify
Maureen Scalzo refused to participate in FINRA’s investigation into possible [...]
Steve Klinger, Formerly of Wells Fargo, Barred by FINRA Following Failure to Testify
Stephen Klinger allegedly deposited client funds into his own account [...]
Michael D’Aquila, Formerly of Merrill Lynch, Barred by FINRA for Alleged Conduct Inconsistent with Firm Standards
Michael D’Aquila consented to findings stating he was terminated for [...]
