Two brokers, Michael S. Barrows and Eric J. Ludovico, face suspension for not paying a $1.03 million award related to selling GWG Holdings L-Bonds. A judge in California stopped their licenses from being suspended until December 9, 2024. They sold investments that didn’t fit well in October 2023 and got into big trouble for it […]
Michael Barrows And Eric Ludovico Suspended Due To GWG Holdings Sales Read More »
Jack Thacker, a broker and investment advisor associated with Realta Equities, Inc. (CRD 23769), is facing a serious customer dispute allegation filed on February 28, 2024. The claimants allege that Thacker made unsuitable investments and failed to conduct reasonable due diligence on alternative investments. This pending case has significant implications for investors who have entrusted
Jack Thacker of Realta Equities Faces Critical Customer Dispute Allegation Read More »
Financial watchdog FINRA has taken action against Chris S. Stocks. On December 5, 2024, FINRA fined Stocks $10,000 and suspended him for 30 days. This penalty came after Stocks failed to disclose his involvement in hotel operations. In January 2017, Stocks created four companies to buy and run a hotel without telling his employer, Morgan
Chris S. Stocks Suspended And Fined By FINRA: Disciplinary Actions Unveiled Read More »
In a recent development that has sent shockwaves through the investment community, a serious allegation has been leveled against Thomas Macdonnell, a registered representative associated with Centaurus Financial, Inc. (CRD 30833) in the state of Virginia. According to the complaint filed by multiple customers, Macdonnell is accused of recommending unsuitable investments and investment strategies in
Investors Question Thomas Macdonnell’s Practices At Centaurus Financial Inc. Read More »
In a recent development that has sent shockwaves through the investment community, Deborah Anderson, a former broker and investment advisor at LPL Financial LLC, has been accused of recommending an unsuitable, high-risk, and illiquid investment to a customer in October 2019. The allegation also suggests that Anderson breached her fiduciary duty, raising serious concerns about