In a recent development, a customer dispute has been filed against Frank Lumpuy, a former broker and investment advisor associated with Kovack Securities Inc. (CRD 44848) in Florida. The client alleges that she suffered losses in her accounts and that Lumpuy may have borrowed money from her. The case, filed on January 8, 2024, is […]
Javier Reyes Colon, a broker formerly associated with Arkadios Capital (CRD 282710), faces a pending customer dispute filed on January 8, 2024. The client, who has been with Colon since 2009, alleges that an insurance product recommended by the broker was unsuitable for their financial situation and investment goals. The dispute, which revolves around the
Andrew Miles, a former broker and investment advisor associated with Green Vista Capital, LLC, is facing serious allegations from multiple claimants regarding his involvement in the sale of conservation easement investments and notes. The pending customer dispute, filed on January 8, 2024, accuses Miles of various violations, including unsuitability, breach of fiduciary duty, negligence, misrepresentation,
Avi Bialo, a registered representative with Arete Wealth Management, LLC, has recently settled a customer dispute alleging unsuitable investment recommendations. The client, who filed the complaint on January 8, 2024, claimed that Bialo had recommended an alternative investment that was not suitable for their financial situation and investment goals. According to the disclosure on Bialo’s
Haselkorn & Thibaut has opened an investigation into Jason Pitts, a financial advisor currently registered with Wells Fargo Advisors in Ashburn, Virginia. With over three decades in the securities industry, Pitts recently faced a significant investor complaint alleging unauthorized transactions, raising important questions for current and former clients about their investment accounts. Understanding the Recent