Financial Advisor Fraud

In a recent development that has raised concerns among investors, David Kaiser, a broker and investment advisor associated with Cambridge Investment Research, Inc. (CRD 39543), has been named in a serious allegation filed on February 22, 2024. The pending customer dispute, detailed in Kaiser’s FINRA BrokerCheck report, accuses him of making investment recommendations driven by […]

Mark Wasikonik, a registered representative with MML Investors Services, LLC, is facing a serious allegation of investment mismanagement. According to a recent customer dispute filed on February 22, 2024, the complainant alleges that Wasikonik has mishandled their investments over the past 15-20 years, resulting in a zero return on their investment in a variable annuity

In a recent development that has sent shockwaves through the investment community, a serious allegation has been leveled against Lemuel Kornegay, a financial advisor associated with Money Concepts Capital Corp. The gravity of this case cannot be overstated, as it has the potential to significantly impact investors who have entrusted their hard-earned money to Kornegay

John Mateyko, a broker and investment advisor associated with Peachcap Securities, Inc. (CRD 25590), is currently facing serious allegations of breach of fiduciary duty and negligent misrepresentations related to corporate debt securities. This pending customer dispute, filed on February 22, 2024, has significant implications for investors who have conducted business with Mateyko or Peachcap Securities,

In a recent development, a serious allegation has been brought against Kurt Cambier, a broker and investment advisor associated with Cambridge Investment Research, Inc. (CRD 39543) in the state of Colorado. The statement of claim alleges that Cambier made an investment recommendation with the sole purpose of generating high commissions and fees, ultimately depriving the