Financial Advisor Fraud

Stonecrest Capital Markets, Inc. and its registered representatives, Edward Kasperavich (CRD#4970038) and Deborah Stackpole (CRD#4969850), are facing serious allegations of poor recommendation and advice concerning investments made by a client, Mr. [REDACTED], in GWG Holdings, LLC L-Bonds and Northstar Healthcare Income, Inc. The client filed a FINRA arbitration notice on February 28, 2024, claiming losses […]

Phillip Kao, a broker associated with Portsmouth Financial Services, is currently facing a serious customer dispute allegation that could have significant implications for investors. According to the disclosure on his FINRA BrokerCheck report, the customer alleges that an investment made in 2014 was unsuitable for their investment objectives and risk tolerance. The disclosure, which is

Paul Golden, a registered representative with Equitable Distributors, LLC, is facing a serious customer dispute allegation that has the potential to impact investors. According to the disclosure, a client has alleged that both their financial professional, who is associated with an unaffiliated retail broker-dealer, and Mr. Golden, a wholesaler with Equitable Distributors, misrepresented the features

Debra Biosca, a broker and investment advisor associated with Arkadios Capital (CRD 282710), is currently facing a serious allegation of unsuitable product recommendations related to direct investment and DPP & LP interests. This pending customer dispute, filed as a FINRA arbitration case on February 29, 2024, has the potential to significantly impact investors who have

In a recent development that has sent shockwaves through the investment community, a serious allegation has been made against Kevin Bailey, a financial advisor associated with Charles Schwab & Co., Inc. (CRD 5393) in Arizona. The client’s complaint, filed on February 29, 2024, alleges that starting in or around 2018, Bailey provided poor advice by