Wells Fargo Faces $3M Fine For Improper Trading Practices

Wells Fargo is paying a $3 million fine to the Financial Industry Regulatory Authority (FINRA) for not properly watching its employees. These employees gave bad advice about long-term securities from January 2017 to December 2018. They focused on syndicate preferred shares, closed-end funds, and medium-term notes. The bank made around $861,000 from these practices. This […]

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Allegation Against Michael McFeeley, Lincoln Financial Advisors Draws Investor Concerns

In a recent development, a serious allegation has been brought to light against Michael McFeeley, a registered representative associated with Lincoln Financial Advisors Corporation (CRD 3978) in Pennsylvania. The customer dispute, filed on March 13, 2024, and currently pending resolution, alleges that McFeeley recommended an unsuitable oil and gas investment to the claimant. This allegation

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Bradley Lakner and Sunbelt Securities Face Serious Allegation, Haselkorn & Thibaut Investigating

In a recent development, a serious allegation has been brought against Bradley Lakner, a registered representative of Sunbelt Securities, Inc. (CRD 42180) in Illinois. The customer dispute, filed on March 13, 2024, and currently pending resolution, alleges that Lakner recommended an improper investment strategy and unsuitable investments purchased in 2015 and early 2016. The claim

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Former LPL Advisor Justin Y. Gerow Suspended For Misconduct

Financial misconduct can shake trust in financial advisors. Justin Y. Gerow, a former LPL advisor, was suspended and fined for breaking industry rules. The Financial Industry Regulatory Authority (FINRA) took action against Gerow in early 2023. After moving from PFS Investments to LPL Financial, he signed customer forms without permission, which resulted in a three-month

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