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.
Louis Kreisberg Barred by FINRA Following Refusal to Produce Information
FINRA sought information from Kresiberg concerning his potential participation in [...]
Edward Earl Matthes, Formerly of Mutual of Omaha Investor Services, Sentenced to Over 5 Years in Federal Prison
Matthes was previously charged by the SEC with defrauding clients. [...]
Paul Richard McGonigle, Formerly of LPL Financial, Accused of Defrauding Elderly Clients
McGonigle is charged with three counts of wire fraud, one [...]
Property Income Investors and its Founder, Larry Brodman, Charged by SEC with Operating Real Estate Scam
The SEC’s lawsuit alleges that Brodman operated the scheme through [...]
James Mark Senglaub, Broker with Independent Financial Group, Named in Customer Dispute Seeking Over $300K in Damages
Senglaub is accused of recommended unsuitable alternative investments. James “Jim” [...]
Walter Leighton Stallones, Broker with Momentum Independent Network, Named in Customer Dispute Alleging Unsuitable Investment Recommendations
The claimant is seeking $730K in damages for Stallones’s alleged [...]
Dermond Thomas Cavanaugh, Formerly of Merrill Lynch, Named in Customer Dispute Seeking $50M in Damages
The dispute was settled for slightly above $24 million. Dermond [...]
Richard Evan Baer, Broker with Lion Street Financial, Facing Multiple Customer Disputes Seeking Over $1.75M Collectively
Baer is accused of making material misrepresentations and committing elder [...]
Brent Charles Bunger, Broker with Lion Street Financial, Named in Pending Customer Dispute Seeking $850K
The claimant alleges that Bunger recommended unsuitable investments and engaged [...]
