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.
Nicholas R. Palumbo, Formerly of Park Avenue Securities, Barred by FINRA Following Refusal to Produce Information
Palumbo is also facing a pending customer dispute alleging material [...]
Louis Martin Wargo, Broker with FSC Securities, Named in Multiple Customer Disputes Alleging Overconcentration
Wargo is also accused of negligence, breach of fiduciary duty, [...]
Brett Arthur Hartvigson, Broker with Independent Financial Group, Named in Multiple Customer Disputes Alleging Overconcentration
The customer is seeking $580k in damages for Hartvigson’s alleged [...]
William Colie Johnson, Broker with Cadaret, Grant & Co., Named in Multiple Customer Disputes Alleging Unsuitable Investment Recommendations
The customers allege that Johnson recommended high-risk and illiquid alternative [...]
Perry De Leeuw, Formerly of PFS Investments, Barred by FINRA Following Failure to Comply with Arbitration Settlement Agreement
Additionally, De Leeuw failed to respond to FINRA’s request to [...]
Jeremy Fortner, Formerly of Wells Fargo, Discharged Following Allegations of Borrowing Money from Clients
Fortner has two pending customer complaints arising out of the [...]
Jeffrey Dampf, Formerly of PFS Investments, Barred by FINRA Following Refusal to Provide Testimony
Last Updated: December 3, 2021 INVESTORS: FINRA has barred Jeffrey [...]
Alan Harold New, Formerly of NYLife Securities, Barred by FINRA Following Refusal to Provide Documents and Information
FINRA initiated an investigation into New’s participation in the sale [...]
Barry Steven Snyder, Formerly of Snowden Account Services, Named in Customer Dispute Seeking $500k in Damages
Snyder is accused of making excessive and unauthorized trades. Barry [...]
