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.
William Davis, Formerly of Ameriprise Financial Services, Inc., Suspended by FINRA for Restricted List Sales
William Davis is facing allegations that he recommended prohibited securities [...]
Michael Olinde, Formerly of LPL Financial, Suspended by FINRA for Allegedly Engaging in Outside Business Activity
Michael Olinde is facing allegations that he sold nutritional supplements [...]
Investors of Hospitality Investors Trust, Inc., Expected to Experience Significant Losses
The non-traded real estate investment trust is one of the [...]
David Volpe, Formerly of First Financial Equity Corporation and LPL Financial, Barred by FINRA for Alleged Unauthorized Securities Sales
David Volpe consented to sanctions by FINRA in August 2019 [...]
Rusty Tweed, Registered Representative of Cabot Lodge Securities, LLC, Named in Multiple Customer Disputes
Rusty Tweed allegedly misrepresented investments and recommended unsuitable investments, based [...]
Benjamin Lowder Jr., Formerly of MSI Financial Services, Inc., Barred by FINRA after Refusing to Appear for Testimony
Benjamin Lowder Jr. was under investigation by FINRA after it [...]
Bruce Jordan, Director of Investment Banking for Newbridge Securities, Fined by FINRA for Alleged Sales Practice Violations
FINRA has censured Newbridge Securities and fined the firm $225,000 [...]
Cristina Sabengsy, Formerly of NYLife Securities, LLC, Barred by FINRA for Alleged Forgery of Client Signatures
Cristina Sabengsy allegedly forged signatures of three of her insurance [...]
James Lamont of Whitehall-Parker Securities, Inc. Suspended by FINRA for Alleged Unapproved Private Securities Transactions
FINRA alleges that between September 2015 and November 2017, Lamont [...]
