Financial Advisor Fraud

FINRA has recently disclosed a pending customer dispute against Diogo Holstein, a broker and investment advisor associated with HSBC SECURITIES (USA) INC. (CRD 19585). The allegation, filed on August 22, 2023, claims that the customer is dissatisfied with Holstein’s investment advice and has suffered losses after requesting a low-risk investment. The dispute involves mutual funds […]

In a recent development, a serious allegation has been brought against John Rhoads, a broker and investment advisor associated with United Planners’ Financial Services of America A Limited Partner (CRD 20804). The pending customer dispute, filed on August 22, 2023, accuses Rhoads of fraudulent misrepresentation, negligent misrepresentation, aiding and abetting the breach of fiduciary duty,

In a recent development, a serious allegation has been brought against financial advisor Donald Dever and his employer, UBS FINANCIAL SERVICES INC. (CRD 8174). The complaint, filed by a client on August 21, 2022, and settled on August 22, 2023, alleges that Dever failed to follow the client’s instructions regarding the sale of shares, resulting

In a recent development, a serious allegation has been brought against Christopher Kirkland, a broker and investment advisor associated with Avantax Investment Services, Inc. (CRD 13686). According to the pending customer dispute filed on August 22, 2023, the customer alleges that certain investments purchased through Kirkland were either unsuitable or unauthorized, resulting in a staggering