Financial Advisor Fraud

Billy Aycock, a broker and investment advisor affiliated with Cabin Securities, Inc., is currently facing allegations of misconduct related to the sale of GWG L Bonds. According to the pending customer dispute filed on February 5, 2024, the claimants allege that Aycock failed to conduct adequate due diligence, acted against the best interests of his […]

In a recent development, a customer dispute has been filed against Billy Aycock, a broker and investment advisor associated with Cabin Securities, Inc. (CRD 137608) in Kansas. The claim, which was filed on February 5, 2024, and is currently pending resolution, alleges breach of fiduciary duty, breach of contract, negligence, negligent supervision, violations of Illinois

Billy Aycock, a broker and investment advisor associated with Cabin Securities, Inc., is currently facing allegations of breach of fiduciary duty, negligence, negligent supervision, fraud, breach of contract, and violations of SEC rules and Arizona securities laws. The allegations stem from the sale of GWG L Bonds in February 2023 and NorthStar Healthcare REIT in

Investment fraud and bad advice from financial advisors can have devastating consequences for investors. According to a report by Bloomberg, investment fraud cost Americans $1.6 billion in 2020 alone. Damon Mapes, a broker and investment advisor at LPL Financial LLC, is currently under investigation by Haselkorn & Thibaut, a national investment fraud law firm, following

Joseph O’Shea, a broker associated with Spartan Capital Securities, LLC, is facing allegations of excessive trading and commissions from July 2023 through February 2024. The customer dispute, which was recently closed with no action taken, has raised concerns among investors about the potential for financial advisor malpractice. According to the disclosure on O’Shea’s FINRA BrokerCheck