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.
Jason Howell Poff, Broker with Allstate Financial, Facing FINRA Complaint Alleging Engagement in Unapproved Outside Business Activities
FINRA’s complaint alleges that Poff failed to inform his firm [...]
Worden Capital Management LLC Consents to AWC Letter Alleging Failure to Supervise, Resulting in Excessive Trading and Unsuitable Investment Recommendations GalleryWorden Capital Management LLC Consents to AWC Letter Alleging Failure to Supervise, Resulting in Excessive Trading and Unsuitable Investment Recommendations
Worden Capital Management LLC Consents to AWC Letter Alleging Failure to Supervise, Resulting in Excessive Trading and Unsuitable Investment Recommendations
Jaimie Worden, founder of Worden Capital, was also named in [...]
Joseph Hershey Pratt, Barred by FINRA in 2019, Named in Customer Dispute Seeking $232K in Damages
Pratt is accused of negligence, breach of fiduciary duty, and [...]
Herbert Weith IV, Formerly of Wells Fargo, Facing Customer Dispute Seeking $260K in Damages
Weith is accused of recommending an unsuitable financial plan to [...]
Lanny Howarter, Broker with Crown Capital Securities, Facing Customer Dispute Claiming Over $600K in Damages
Howarter is accused of recommending unsuitable investments and negligence, among [...]
Charles Thomas Stevens, Formerly of D.H. Hill Securities, Facing Customer Dispute Seeking $100K in Damages
Stevens is accused of common law fraud, breach of fiduciary [...]
Nicholas Palumbo, Formerly of Park Avenue Securities, Under Investigation for Alleged “Selling Away”
Palumbo was permitted to resign from Park Avenue Securities while [...]
Rich Jackman, Broker with Crown Capital Securities, Facing $4M Customer Dispute Alleging Unsuitable Recommendations
The customer alleged Jackman recommended illiquid products that were not [...]
Gihan Anil Fernando, Broker with BOK Financial Securities, Facing $1M Customer Dispute Alleging Unsuitable Recommendations
The customer alleged that Fernando made seven unsuitable transactions between [...]
