Recently, Stifel, Nicolaus & Co., referred to as Stifel Financial, was fined $3.2 million by the Massachusetts state securities regulator for ignoring red flags about a broker, Joseph Crespi, who was allegedly engaged in “predatory sales practices” towards elderly investors. The regulator also censured the company for public and ordered it to pay restitution to […]
Duncan MacEachern, a financial advisor with over 34 years of experience in the securities industry, has recently come under scrutiny due to a pending complaint alleging damages of $800,000. MacEachern, based in Royal Oak, Michigan, has been a broker and an investment advisor with LPL Financial since March 2021, doing business as Celtic Wealth Management
Client Files $800K Complaint Against Duncan MacEachern (Celtic Wealth Management Group) Read More »
InvestmentFraudLawyers.com is now investigating complaints against former California broker and financial advisor Charles Henry Frieda. In December 2017, the Financial Industry Regulatory Authority permanently barred Mr. Frieda from associating with any FINRA member firm in any capacity. Mr. Frieda consented to the sanction after his customers at Wells Fargo Clearing Services, LLC (formerly Wells Fargo
Broker Fraud Investigation: Charles H. Frieda Read More »
The world of financial advisors and investment firms is fraught with both opportunities and risks. Investors entrust their hard-earned money to these entities, hoping for substantial returns. Unfortunately, not all transactions yield the desired results, leading to disputes and lawsuits. One such case that has recently made headlines involves Robert Wilson, a broker formerly registered
Toronto-Dominion Bank (TD Bank), one of Canada’s largest financial institutions, agreed to pay a staggering $1.2 billion to settle a lawsuit related to its alleged involvement in one of the biggest Ponzi schemes ever orchestrated, led by the disgraced financier Allen Stanford. This agreement has sparked a wave of scrutiny over the bank’s corporate governance
TD Bank Resolves $1.2 Billion Lawsuit Tied to Allen Stanford’s Ponzi Scheme Read More »