Financial Advisor and Stockbroker Fraud

Does Your Financial Advisor Have A Conflict of Interest?

Does Your Financial Advisor Have A Conflict of Interest?

If you are like most investors, you read the brochures and advertising materials where brokerage firms want to gain your trust (and your assets) by convincing you that they can help you save for your retirement, keep your money safe and secure, assist you in making wise investments, and advise you in making other critical …

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Hospitality Investors Trust REIT Lawsuit "FINRA"

Hospitality Investors Trust REIT Lawsuit “FINRA”

The Covid-19 pandemic looks poised to strike at the business of non-traded but publicly registered Real Estate Investment Trust (REIT)  formerly American Realty Capital Hospitality Trust, now known as Hospitality Investors Trust Inc. (HIT). In a Securities and Exchange Commission (SEC) filing, HIT has stated that it does not have adequate cash available to continue …

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$245k Northstar Financial Services Complaint Against Maria Calcena at Ocean Financial

$245k Northstar Financial Services Complaint Against Maria Calcena (Ocean Financial)

The investment being safe, secure, and liquid and the freedom to withdraw whenever required, minus a small surrender fee, were the assurances provided by broker Maria Florencia Calcena, then a registered representative of Ocean Financial Services, based on which $245K was invested by a former client in a product from Northstar Financial Services (Bermuda) Ltd., …

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Aegis Capital Advisor Steven Luftschein Barred For Churning

Aegis Capital Advisor Steven Luftschein Barred For Churning

Steven Robert Luftschein (also known as Steven Lerner), formerly an advisor with Aegis Capital Corp., has reportedly been barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). This is on the back of allegations against him of excessive trading and churning in accounts of three different clients. About Steven Luftschein From 2013 …

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financial advisor fraud

5 Red Flags of Financial Advisor Investment Fraud

Every day we get calls from investors that lost money with their financial advisor but did not realize they were victims of investment fraud. The reason is that many times investors shrug off losses due to the market and didn’t see any red flags. Before you start investing it’s always better to check out the …

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