John Woo, a broker and investment advisor associated with Transamerica Financial Advisors, Inc. (CRD 16164) in California, is facing a pending customer dispute filed on February 7, 2024. The claimant alleges that Woo failed to assist the client and her deceased spouse with making premium payments, resulting in the lapse of their variable universal life […]

Alexis Crespo Perez, a broker and investment advisor associated with Oriental Financial Services LLC, is facing serious allegations from senior investors who claim to have lost their lifetime savings due to unsuitable investment recommendations, overconcentration, and misrepresentations made by the advisor. The case, filed on February 7, 2024, is currently pending resolution, with the claimants

Recent developments have brought to light a customer dispute filed against financial professional John Pronovost of SAIC Institutions, Inc. (CRD 35371) in Connecticut. The Statement of Claim alleges that Pronovost recommended unsuitable investments to a client, given their age and stated objectives. These recommendations allegedly resulted in significant losses for the client, who is now

J.W. Cole Financial, Inc. and former broker Philip Rulon are facing allegations of improper investments and fees, according to a pending customer dispute filed on February 7, 2024. The complaint, brought by beneficiaries on behalf of a client, is currently under investigation by the national investment fraud law firm Haselkorn & Thibaut. The dispute, which