Financial Advisor and Stockbroker Fraud

Michael Carter- Morgan Stanley Financial Advisor Pleads Guilty to Defrauding Clients

Michael Carter: Morgan Stanley Financial Advisor Pleads Guilty to Defrauding Clients

Michael Barry Carter, a former Morgan Stanley (MS) broker is facing time in prison after pleading guilty of investment fraud. Carter was charged in a scam in which he defrauded five customers millions of dollars over more than 12 years. Among them is an elderly client who was defrauded of more than $6 million. After …

Michael Carter: Morgan Stanley Financial Advisor Pleads Guilty to Defrauding Clients Read More »

Scott Reed Wells Fargo Advisor INVESTIGATION

Scott Reed, First Financial Equity Corporation, Wells Fargo – INVESTIGATION

Scott Reed was registered Wells Fargo Clearing Services, LLC (2016-2020) and with First Financial Equity Corporation (2020 to present) in Scottsdale, AZ.   According to the Financial Regulatory Authority (FINRA) BrokerCheck (as of May 2020), Mr. Reed has been the subject of 4 disclosures: In 2010, a customer dispute disclosure alleges a terrible recommendation.  That matter …

Scott Reed, First Financial Equity Corporation, Wells Fargo – INVESTIGATION Read More »

Frank Avallone and National Securities Corp

Frank Avallone and National Securities Corporation Complaints & Investigation

Frank Avallone, a financial advisor at National Securities Corporation, is facing suitability questions after two customers accused him of recommending unsuitable investment products. According to BrokerCheck record of May 7, 2020, two customers have accused of recommending wrong investments that led to substantial losses.  Investors are encouraged to call 1-800-856-3352 to review their investment portfolios …

Frank Avallone and National Securities Corporation Complaints & Investigation Read More »

UBS Financial Advisor Chris Black Investigated

UBS Financial Advisor Chris Black Investigated

CHRISTOPHER R. BLACK (a/k/a CHRIS BLACK), FINRA CRD #2186558 is registered with UBS Financial Services Inc. in Houston, TX since November 2015. Haselkorn and Thibaut are currently investigating the sales practices of Chris Black. According to Financial Regulatory Authority (FINRA) Brokercheck, Chris Black discloses a September 2019 customer dispute alleging damages of $1 million related …

UBS Financial Advisor Chris Black Investigated Read More »

Jason Mosher, Kalos Capital, GPB Capital Investigation

Jason Mosher, Kalos Capital, GPB Capital Investigation

Jason J. Mosher is an investment advisor with Sheppard Mosher in Canandaigua, NY, and he has been registered with Kalos Capital, Inc. (September 2014 to Present). InvestmentFraudLawyers.com is currently investigating the sales practices of Mr. Mosher to clients specifically of GPB Capital Holdings. Mr. Mosher holds FINRA Series 6, Series 7, Series 63, and Series …

Jason Mosher, Kalos Capital, GPB Capital Investigation Read More »

William Wimberly (Jackson, MS) SUSPENDED By FINRA

William Wimberly, LPL Financial, (Jackson, MS) SUSPENDED By FINRA

William A. Wimberly was registered with LPL Financial, LLC (November 2008 to August 2018) in Jackson, MS.  According to FINRA BrokerCheck (as of June 2020), Mr. Wimberly has been suspended from acting as a broker and is not currently registered as a broker, and his Brokercheck report reflects the following disclosures: In May 1998, a customer dispute …

William Wimberly, LPL Financial, (Jackson, MS) SUSPENDED By FINRA Read More »

Unauthorized Trading - Robert Silverman, Cetera Financial, Investigated

Unauthorized Trading – Robert Silverman, Cetera Financial, Investigated

Robert Silverman  (CRD#4582993) is not currently registered as a broker with the Financial Regulatory Authority (FINRA). Mr. Silverman was previously registered with Cetera Financial Specialists LLC (June 2004 to July 2019).  In July 2019, Mr. Silverman was discharged by Cetera Financial Specialists LLC after he had admitted to a violation of firm policy wherein he had …

Unauthorized Trading – Robert Silverman, Cetera Financial, Investigated Read More »

Brenda Smith (CV Brokerage) ARRESTED For Ponzi Scheme

Brenda Smith (CV Brokerage) ARRESTED For Ponzi Scheme

Brenda Smith (CRD 4438518) was arrested by federal authorities and accused of running a $63 million Ponzi scheme, according to the U.S. Securities and Exchange Commission (SEC). Brenda Smith, founder of Broad Reach Capital, has been charged with one count of money laundering and two counts of wire transfer fraud according to a SEC complaint. …

Brenda Smith (CV Brokerage) ARRESTED For Ponzi Scheme Read More »

Carlton & Associates | Mark Lamkin | LPL Financial- Investigation For Investor Fraud

Mark Lamkin (Carlton & Associates) Suspended – Investor Notice

Mark Lamkin was registered LPL Financial LLC (2001-2018) and with Calton & Associates, Inc. (2018 to present) in Louisville, KY.  According to the Financial Regulatory Authority (FINRA) BrokerCheck (as of May 2020), Mr. Lamkin has been the subject of 7 disclosures and is currently suspended by FINRA from acting as a financial advisor. In 2000, …

Mark Lamkin (Carlton & Associates) Suspended – Investor Notice Read More »

Gene Esplin From Kalos Capital - Lawsuit FINRA

Gene Esplin, Kalos Capital – Lawsuit “FINRA”

Haselkorn & Thibaut is investigating potential sales practice and supervision issues related to a financial advisor, Gene Esplin, who was previously with Kalos Capital, Inc. (2015-2019), and with Triad Advisors, Inc. (2008-2015) in Pocatello, ID. The lawyers of Haselkorn & Thibaut, P.A. at investmentfraudlawyers.com have been investigating potential sales practice and supervision issues relating to …

Gene Esplin, Kalos Capital – Lawsuit “FINRA” Read More »

You cannot copy content of this page.  We running copyright protection software.  Please contact us for use.
Scroll to Top