On January 8, Financial Industry Regulatory Authority (FINRA) barred former broker Daniel Todd Levine (CRD#: 2874319) from associating with any FINRA member broker or firm[...]
Investment Loss Investigations
Alaska Financial Company III Promoters Allegedly Misappropriated Investor Funds Early last year the Alaska Financial Company III, LLC (AFC III) reached a settlement with the[...]
Stephen C. Carver (CRD#: 2230161) was previously registered as a broker and investment advisor. From November of 2017 to December of 2018, Mr. Carver was[...]
CNL Healthcare Properties is a non-traded real estate investment trust (REIT). Headquartered in Orlando, Florida, this investment entity primarily holds assets in senior-citizen housing and[...]
Last week, the Montgomery County Prosecutor’s Office announced an indictment against former broker John Gregory Schmidt (CRD#: 708094). He was then arrested on 124 counts[...]
Last week, the Financial Industry Regulatory Authority (FINRA) ordered Morgan Stanley Smith Barney, LLC pay two of its former clients a total of $4.2 million.[...]
A December 20th FINRA regulatory decision charged previously registered brokers Ami Forte (CRD#: 2457536) and Charles Joseph Lawrence (CRD#: 3131566) for violating NASD and FINRA[...]
A December 13 press release states the SEC has charged ex-Securities America advisor Hector May (CRD#: 323779) for conducting a Ponzi scheme with his daughter,[...]
Woodbridge Investments Litigation (Class Action vs. Comerica Bank, Case No 18-00103-dmg-ks, Central District of California) This consolidated action (against Comerica Bank) is a putative class[...]
Charles E. Taylor (CRD#: 443066), Jodi O. Padgett (CRD#: 1828918), John L. Farmer (CRD#: 5354041) are all registered brokers and General Securities Representatives with Royal[...]