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.
Carl Schwartz and RRBB Asset Management, LLC Charged by SEC with Conducting Cherry-Picking Scheme to Defraud Investors
Schwartz is the president, co-owner and managing member of RRB [...]
Michael Cohn, Former Chief Compliance Officer for GPB Capital Holdings, Pleads Guilty to Theft of Government Property
Cohn, who previously worked for the SEC, was charged with [...]
Steven Rodemer, Formerly of Stifel, Nicolaus & Company, Fined by SEC Following Allegations of Scamming an Elderly Client
Rodemer agreed to pay a $385K fine for using a [...]
Steven Fitzgerald Brown, Owner of Alpha Trade Analytics, Charged By SEC with Fraud
Brown is accused of engaging in a Ponzi-like scheme with [...]
Phillip Conley, Formerly of Merrill Lynch, Indicted for Role in Fraudulent Securities Offering
Conley was indicted on six counts of mail fraud and [...]
Peter Ianace, Formerly of Wells Fargo, Barred by FINRA For Refusing to Cooperate with Investigation
FINRA initiated an investigation into Ianace based on allegations of [...]
Rani Soto, Formerly of Prudential Investment Management, Named in FINRA Complaint Alleging Failure to Disclose Outside Business Activities
The complaint alleged that Soto withheld the information because he [...]
Gary Wykle and Alejandro Cortes, Principals of The Republic Group, Charged by SEC for Engaging in Alleged Ponzi Scheme
The SEC’s complaint charged the parties with misappropriating over $1.2M [...]
Matthew Clason, Formerly of LPL Financial, Charged by SEC With Stealing Client Funds
The complaint alleged that Clason stole over $300K from an [...]
