A Brooklyn federal judge struck down GPB Capital executives’ plea for a new trial on March 11, 2025. David Gentile and Jeff Schneider faced the court’s firm rejection after their conviction in a $1.8 billion Ponzi scheme fraud case. The seven-week trial revealed clear proof of the executives’ misuse of investor funds through fake distribution […]
Brooklyn Judge Rejects GPB Capital Execs’ Request For New Trial Read More »
A major settlement agreement of $50.5 million now offers hope to GWG Holdings L Bond investors who lost money in the company’s Chapter 11 bankruptcy. The settlement, reached on March 7, 2025, aims to help investors who bought L Bonds between June 3, 2020, and April 16, 2021. These investors stand to recover about $31.48
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In a recent development, a customer dispute has been filed against Brian Gracie, a registered representative associated with Lincoln Financial Advisors Corporation (CRD 3978). The claimant alleges that Gracie recommended an unsuitable Oil and Gas investment, resulting in significant financial losses. The disclosure, which is currently pending resolution, has raised concerns among investors and industry
Brian Gracie of Lincoln Financial Faces Unsuitable Investment Dispute Read More »
John Bussa, a registered representative with Lincoln Financial Advisors Corporation, is currently facing allegations of recommending unsuitable oil and gas investments to a client. The customer dispute, filed on February 16, 2024 (CRD# Insert CRD#), is pending resolution, and details of the alleged damages have not been disclosed. Haselkorn & Thibaut, a national investment fraud
Andrew Ross, a former broker with LPL Financial LLC, is currently facing allegations of recommending unsuitable investments in the oil and gas sector. The customer dispute, filed on February 16, 2024, is pending resolution and involves a significant damages claim. Investment fraud and bad advice from financial advisors can have devastating consequences for investors. According
Andrew Ross Facing Allegations for Unsuitable Investment in Oil and Gas Sector Read More »