News has surfaced concerning a serious allegation against a registered representative, John Starke, who is currently under investigation by Haselkorn & Thibaut. The allegation revolves around unsuitable and illiquid investments recommended by Starke to his clients during the 2015-2017 period. These investments, according to his clients, performed poorly, causing a significant financial loss amounting to […]

In the world of finance, trust is paramount. When that trust is breached, the consequences can be severe. Such is the case with a recent customer dispute involving Damon Stewart, a broker and investment advisor affiliated with Morgan Stanley Smith Barney and Morgan Stanley (CRD 149777). The client alleges, among other things, a breach of

Serious Allegations Against Saturna Capital Corporation and Monem Salam On June 14, 2023, a pending customer dispute was logged against Saturna Capital Corporation (“SCC”) and its affiliate, Saturna Brokerage Services (“SBS”). The SCC, a registered investment-adviser, and SBS, a provider of trading and custody services, are facing serious allegations from an advisory client, the MW

The Seriousness of the Allegation On June 20, 2023, a customer dispute was filed against Anthony Pitta of Capital Investment Group, Inc. and Capital Investment Advisory Services, LLC. The complaint centers on the bankruptcy filing of GWG Holdings on April 20, 2022. The allegations include breach of fiduciary duty, violation of Regulation Best Interest, negligent

Allegations Facing William O’Brien and NYLIFE SECURITIES LLC Recent allegations have come to light in the financial world, casting a shadow on the reputation of William O’Brien and his associated company, NYLIFE SECURITIES LLC. These allegations are serious and could have far-reaching consequences for both the advisor and the company. The customer dispute, which is