Triad Advisors, an Advisor Group network brokerage firm, has been asked by the Financial Industry Regulatory Authority (FINRA) to pay a fine of $150K for supervisory failures pertaining to short-term trades involving Class A shares of mutual funds and variable annuity exchanges, in addition to repayment of $44K to customers financially affected by their failures. …
At $15.75, the NAV of Healthcare Trust Inc. (HTI) as of 31st December 2019 announced by its board of directors, and as per filings with the Securities and Exchange Commission (SEC), represented a 10% decline over the NAV of $17.50 exactly a year earlier. While HTI has not provided any explanation for the decline, according …
Last Thursday GBP Capital Holdings and three individuals were charged by the Securities Exchange Commission (SEC) with fraud and running a $1.6 billion Ponzi scheme. Jeffrey Schneider, GPB’s placement agent Ascendant Capital, David Gentile, and Jeffrey Lash, both executives of GPB, have been charged with wire fraud, securities fraud, and conspiracy against 17,000 investors. For …
Steven Robert Luftschein (also known as Steven Lerner), formerly an advisor with Aegis Capital Corp., has reportedly been barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). This is on the back of allegations against him of excessive trading and churning in accounts of three different clients. About Steven LuftscheinContents1 About Steven …
Aegis Capital Advisor Steven Luftschein Barred For Churning Read More »
Did you suffer investment losses after working with Jack Quick a/k/a Jack Alan Quick, a former broker and financial advisor registered with the Financial Industry Regulatory Authority (FINRA) through the New Hope, Minnesota branch of Ameriprise Financial Services, Inc. (Ameriprise) If so, the attorneys of Investment Loss Recovery Group want to help you. We are …
Jack Quick Ameriprise Financial Services Investigation Read More »
Everyday we get calls from investors that lost money with their financial advisor but did not realize they were were victims of investment fraud. The reason is that many times investors shrug off loses due to the market and didn’t see any red flags. Before you start investing it’s always better to check out the …
5 Red Flags of Financial Advisor Investment Fraud Read More »
Many investors shrug off losses due to market conditions, when it may be the fault of their financial advisor or stockbroker. A great way to recover losses is through mediation using an investment fraud lawyer. A FINRA mediation allows for a fast settlement of claims recovery of losses for investors. FINRA Mediation vs. ArbitrationContents1 FINRA …
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Our law firm specializes in representing investors that have lost money due to financial advisor fraud or negligence. One of the best ways for investors to recover losses is through the Financial Industry Regulatory Authority (FINRA) arbitration. FINRA is a private corporation that is a self-regulatory organization for financial advisors, stockbrokers, and broker-dealers. Investors often …
According to publicly available information, AXA Advisors generates hundreds of millions of dollars in revenue from the sale of variable annuities. While variable annuity products as part of an overall investment strategy for some investors might serve a legitimate purpose, these products have received a lot of criticism: some calling them ‘one of the most …
Haselkorn and Thibaut (InvestmentFraudLawyers.com) have started investigating the sales and marketing practices of advisors and brokers that sold the Waterman Lodging Trust, a non-traded REIT (Real Estate Investment Trust), to investors. They have put out a call to anyone with information pertaining to the case to contact them on 886-628-5590. The investigation has been initiated …