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.
Nedjeen Baptiste, Formerly of JP Morgan, Barred by FINRA Following Refusal to Produce Information
Baptiste was being investigated based on alleged participation in unapproved [...]
Jason Dworak, Broker with UBS Financial Services, Facing Two Pending Customer Disputes Alleging Unsuitable Investment Recommendations
The customer disputes are seeking over $1M in damages, collectively. [...]
Rhett Bedwell, Formerly of LPL Financial, Barred by FINRA For Refusing to Provide Information
FINRA was investigating allegations that Bedwell forged documentation to invest [...]
Keith Simmons, Broker with Merrill Lynch, Facing Customer Dispute Seeking $1M in Damages
Simmons is accused of making unsuitable investment recommendations in 2020. [...]
Darryl Cohen, Broker with Morgan Stanley, Facing Customer Dispute Seeking $5M in Damages
Cohen has two pending customer disputes filed against him. Darryl [...]
Tamber King Proctor, Formerly of Securities America, Named in Customer Dispute Alleging Unsuitable Recommendations
The customer also alleged Proctor of misrepresentation and breach of [...]
Javelin Mikol San Nicolas, Formerly of Edward Jones, Barred by FINRA After Refusing to Provide Information
FINRA initiated an investigation into the circumstances giving rise to [...]
Megurditch Mike Patatian, Formerly of Western International Securities, Charged by FINRA with Unsuitable Investment Recommendations
Patatian is accused of recommending unsuitable non-traded REITs to customers. [...]
Elliot Smerling – Florida Fund Manager at JES Global Capital – Accused of Forging Investment Documents to Obtain $95M Loan
Smerling is facing possible jail time and a serious fine [...]
