Investment Fraud Lawyers

Widow To Get $221K From Robert Fehrman MSC-BD Over GPB Capital Private Placement Losses

Robert Fehrman, a former MSC-BD broker, allegedly made unsuitable GPB Capital private placement recommendations. A widow was awarded $221,000 in compensatory damages, legal expenses, and other fees by a Financial Industry Regulatory Authority (FINRA) arbitration panel against brokerage firm MSC-BD, LLC for losses she incurred in GPB private placements. GPB Capital Holdings was indicted for […]

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Ameritas Agrees to Pay $4.6 Million Over Alleged Revenue Sharing Infringement

According to the Securities and Exchange Commission (SEC), Ameritas failed to act in its advisory clients’ best interests when selecting mutual fund share classes and money market funds. The regulator has announced a settlement with another company over allegations of mutual fund share class selection infractions, among other things. The SEC has targeted Ameritas Advisory

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GWG Holdings Defaults on L Bonds | GWG Investment Loss Recovery

Valentine’s Day 2022, whatever else it may have brought, did bring to shareholders of GWG Holdings (GWG) a letter from the company disclosing its default on payments of $3.25 million in principal and $10.35 million in interest payments to investors of L Bonds. This information was shared by GWG after they had exhausted the 30-day

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Lynn Faust Raymond James Financial Advisor Barred!

As per the settlement letter recently finalized, Lynn Faust, a top South Carolina-based broker of Raymond James & Associates has been barred by the Financial Industry Regulatory Authority (FINRA) for three months, in addition to a fine of $5,000 being levied. The broker in question is Lynn Faust who attracted the censure for unsuitable Unit

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JP Morgan Dinu Tise Advisor Suspended and Fined

Working for a big firm on Wall Street may have fringe benefits, but being named as the beneficiary of $5 million in an elderly client’s will has not been known to be one. This ‘fringe benefit’ has been earned for Dinu Tise, a New Orleans-based private client advisor with JP Morgan Chase, a suspension for

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