November 2024 – Page 9 Of 13 – Investment Fraud Lawyers

Stifel Ordered To Pay $2.4 Million Over Miami Broker’s Structured Note Strategy

Stifel Financial faces a $14.3 million penalty for failing to watch over Chuck A. Roberts. This case is one of 16 complaints against Roberts, with investors seeking $41.2 million in total damages. Louis and Elizabeth Deluca, two investors, sued Stifel. They claim the firm broke trust, lied, and broke Florida’s investor protection laws. Roberts has […]

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Serious Allegations Against Advisor Joseph Jackson and Capital Investment Group Unveiled

In a recent development, a serious allegation has been made against Joseph Jackson, a broker and investment advisor associated with Capital Investment Group, Inc. (CRD 14752) in North Carolina. The complaint, filed on March 4, 2024, alleges breach of fiduciary duty, negligence, negligent misrepresentation, breach of contract, failure to supervise, and negligence – violation of

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Edward Jones Advisor Michael Sullivan Accused of Unauthorized Trades

In a recent development, a serious allegation has been made against financial advisor Michael Sullivan of Edward Jones (CRD 250). The case, which is currently pending, involves a client who alleges that Sullivan placed unauthorized trades in their account during December 2023. This allegation, filed on March 4, 2024, has raised concerns among investors and

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BBVA Securities Faces $150,000 Fine For FINRA Violations

BBVA Securities failed to watch how often its reps swapped out deferred variable annuities. They relied on checking each trade one by one instead of looking at the big picture. Failure to monitor rates of deferred variable annuity (VA) exchanges BBVA Securities Inc. failed to watch deferred VA exchange rates. This lapse lasted from March

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Serious Dispute Allegation Against Stifel Broker Diego Canalda Serves Investing World a Shock

Diego Canalda, a broker with Stifel, Nicolaus & Company, Incorporated, is facing a serious customer dispute allegation that could have significant implications for investors. According to the complaint filed on March 4, 2024, the client alleged that Canalda misrepresented a bond and sold an unsuitable investment. The damage amount requested in the dispute is undisclosed,

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