Financial Advisor Fraud

In a recent development, a customer dispute against financial advisor Gary Conley and his firm, American Investors Company, has been closed without any action taken. The client alleged that an investment purchased in April 2015 was illiquid and, therefore, high-risk and unsuitable. The investment in question was a direct investment, specifically a DPP & LP […]

In a recent development, a customer dispute has been filed against Edward Barfield, a registered representative of Geneos Wealth Management, Inc. (CRD #4257082) in the state of Missouri. The claimant alleges that Barfield made unsuitable recommendations regarding insurance products. The disclosure, which is currently pending resolution, was reported on February 5, 2024, and involves a

Jeffrey Peterson, a financial advisor with Northwestern Mutual Investment Services, LLC, is currently under investigation by Haselkorn & Thibaut, P.A., a national investment fraud law firm, following allegations of unsuitable investment recommendations. The firm, with offices in Florida, New York, North Carolina, Arizona, and Texas, is offering free consultations to clients who may have suffered

Jack Thacker, a broker and investment advisor currently associated with Realta Equities, Inc. (CRD 23769) in Virginia, is facing allegations of unsuitable investments, according to a pending customer dispute filed on February 5, 2024. The claimants allege that Thacker made unsuitable investments in alternative investments, and the damage amount requested is undisclosed at this time.