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.
James Booth, former LPL Financial Broker, Charged by SEC with Operating Ponzi Scheme
James Booth allegedly defrauded retail investors resulting in nearly $5 [...]
Summit Brokerage Services Fined, Ordered to Pay Restitution for Broker ‘Churning’
Excessive Trading By a Financial Advisor Cost Summit Brokerage Investors [...]
Fred Brown, Formerly of Merrill Lynch, Suspended by FINRA for Accepting Client Loans and Nondisclosure
Mr. Brown’s FINRA suspension will last eight months If you’ve lost [...]
Shawna Choate, Former Spencer Edwards Broker, Investigated by Finra for Falsifying Documents
Ms. Choate allegedly falsified documents dozens of times in 2014 [...]
Curtis Ile, Former Sigma Financial Advisor, Suspended by FINRA for Alleged Unauthorized Trading
Mr. Ile marked solicited trades as “unsolicited” on order tickets If [...]
Rand Heckler, Formerly of Benjamin & Jerold Brokerage, Barred from FINRA for Unsuitability and Misrepresentation
Heckler is under FINRA investigation for unsuitable recommendations, misrepresentations, and [...]
$1 Million Dispute Filed Against Aegis Capital Broker
The broker, Paul Falcon, has had six complaints filed against [...]
Patrick Neal Foley — Former Merrill Lynch Broker — Barred from FINRA
Mr. Foley allegedly accepted loans from clients If you’ve lost money [...]
Leonard Kinsman of Wells Fargo Faces Over $1M in Damages Claimed by Former Clients
Clients allege $1 million dollars in damages related to unsuitable [...]
