investmentfraudlawyers

Wealth Enhancement Group (WEG) Advisor Arrested For Child Porn,Nicholas Spagnoletti

Wealth Enhancement Group (WEG) Advisor Arrested For Child Porn

‘Endangering the welfare of children for the distribution of child pornography in the second degree’ and ‘endangering the welfare of children for the possession of child pornography in the third degree’ are the two charges levied against Nicholas Spagnoletti, a financial advisor with the Wealth Enhancement Group (WEG). Private equity-backed hybrid RIA WEG inherited Spagnoletti …

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Sigma Financial Staring at $4.5 million in Claims

Sigma Financial Staring at $4.5 million in Claims

The most recent filing by Sigma Financial Corp. reveals four open arbitration claims with total damages sought adding up to $4.5 million. The Focus Report is filed by brokerage firms with the Securities and Exchange Commission (SEC) and is in the nature of an audited financial statement. Haselkorn & Thibaut, P.A., has started an investigation …

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Morgan Stanley Smith Barney Stockbroker David Fenning Complaints Filed

Morgan Stanley Smith Barney Complaints: Stockbroker David Fenning

Morgan Stanley Smith Barney stockbroker David W. Fenning (CRD#1005307) discloses 5 customer disputes on his FINRA record. Four of the disclosed cases have been settled while one is still open. Brokerage firms and stockbrokers are licensed and regulated by the Financial Industry Regulatory Authority (FINRA). FINRA regulations require members to mandatorily make certain disclosures like …

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Armada Hoffler Properties (AHH) Investment Losses

Armada Hoffler Properties (AHH) Investment Losses

Investmentfraudlawyers.com is investigating potential sales practice violations by financial advisors who have been recommending Armada Hoffler Properties, Inc. (AHH) and related real estate investment trust (REIT) investments to investors. Armada Hoffler Properties, Inc. (Symbol: AHH) is a real estate investment trust (“REIT”) developing, building, acquiring, and managing institutional-grade workplace, retail, and multifamily properties located mostly …

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Chad Burroughs and Burroughs Investment Group

Chad Burroughs, Former Lincoln Investment Advisor, Sentenced

Update: Chad Burroughs, according to 4/17/20 reports at Hartford Business Journal, was sentenced to 33 months in prison, to be followed by three years of supervised release.  This stems from his misappropriation of $575,000 from his investment clients.  He is currently free on a $100,000 bond and expected to report to prison on June 1, …

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