Rules 2010 and 2111 of the Financial Industry Regulatory Authority (FINRA) seek to prevent excessive trading by brokers in customer accounts. John Sebastian Cangialosi, a broker last associated with Worden Capital Management LLC, has fallen foul of FINRA on account of violation of these rules and has been suspended for a period of 9 months. […]
Worden Capital Management Complaints: John Cangialosi Suspended Read More »
Investor woes regarding their investments in the Bermuda-based Northstar Financial Services, which has since filed for bankruptcy protection, keep pouring in. All over the globe people have been impacted as the Northstar Financial Services (Bermuda) products were aggressively sold by brokers, many seemingly in pursuit of the generous commissions and incentives promised by Northstar, like
FINRA Claims Mount as Northstar (Bermuda) – Loss Recovery Options Read More »
SagePoint Financial fired its stockbroker Grant Christopher Birkley last August when he admitted to acting without the approval of the broker-dealer and making referrals to an external manager. This admission is tantamount to Birkley’s “selling away.” SagePoint Financial Background Sagepoint Financial was established in 1970 as a Broker-dealer engaged in stock sale. In 2005 the
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The Securities Exchange Commission (SEC) claims Horizon Private Equity, III, is a “massive Ponzi scheme” and that investors owe $110M principal as of July 2021. John J. Woods. Woods worked at Southport Capital which is a d/b/a for Livingston Group Asset Management Company. It is estimated that over 400 investors have lost money. If you or someone you know invested with John
The most recent filing by Sigma Financial Corp. reveals four open arbitration claims with total damages sought adding up to $4.5 million. The Focus Report is filed by brokerage firms with the Securities and Exchange Commission (SEC) and is in the nature of an audited financial statement. Haselkorn & Thibaut, P.A., has started an investigation
Sigma Financial Staring at $4.5 million in Claims Read More »