2023 – Page 109 Of 115 – Investment Fraud Lawyers

Blackstone (BREIT): Halts Withdrawals, Braces For Market Drop and Possible Legal Remedies for Investors

In recent months, Blackstone Inc., a leading global alternative asset manager, has found itself under scrutiny following its decision to limit investor withdrawals from its $71 billion Real Estate Income Trust (BREIT). This controversial investment decision has sparked significant investor complaints and potentially impending lawsuits, bringing the firm’s business conduct into question. This comes at […]

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Complaint Filed Against David Lerner Advisor Michael Kinkel

According to a recent investor complaint, White Plains financial advisor Michael Kinkel (CRD# 5947093) is reportedly under scrutiny following allegations of providing misleading investment advice. This information comes from the records maintained by the Financial Industry Regulatory Authority (FINRA), indicating his current broker registration with David Lerner Associates. The Allegations against Michael Kinkel Mr. Kinkel’s

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Complaint Filed Against Nola Wealth Advisor Glenn Guilbault

Glenn Guilbault Jr. (CRD# 4309287) is a financial advisor currently associated with Cetera Advisors, operating under the business name Nola Wealth Management, based in Metairie, Louisiana. Recently, a complaint was lodged against him by an investor, alleging that his conduct resulted in financial losses. The BrokerCheck report for Mr. Guilbault reveals a single complaint from

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SEC Files Lawsuit Against Hill, Shelly, CETA and FIC For Fraud

The Securities and Exchange Commission (SEC) has filed an emergency lawsuit against Roy Hill and Eric Shelly, and their controlled entities for engaging in a fraudulent securities offering Clean Energy Technology Association, Inc. (CETA) and Freedom Impact Consulting, LLC (FIC). It has raised over $155 million from more than 500 investors. The U.S. District Court

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FINRA Orders Oppenheimer to Pay Almost M to Horizon Private Equity Ponzi Scheme Victims

FINRA Orders Oppenheimer to Pay Almost $14M to Horizon Private Equity Ponzi Scheme Victims

The Financial Industry Regulatory Authority (FINRA) mandated that Oppenheimer & Co. Inc. compensate several victims of a Ponzi scheme with nearly $14 million. The scheme, which targeted 400 elderly investors, was orchestrated by a former Oppenheimer broker, John J. Woods. These investors purchased shares in the purported Ponzi scheme, known as the Horizon Private Equity

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