Financial Advisor Fraud

David Lerner Associates and its broker, Michael Norton, are currently under investigation by the national investment fraud law firm, Haselkorn & Thibaut, following a serious allegation of unsuitability, misrepresentation, and omissions related to the purchase of Gabelli shares (SOAEX). The allegation period spans from December 4, 2018, the date of the first purchase of SOAEX, […]

Andre Lee, a financial advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, is facing a serious customer dispute allegation. The client claims that Lee was not acting in their best interest from October 13, 2022, to October 13, 2023. This allegation raises concerns about the advisor’s professional conduct and the potential impact on investors

Brian Kennedy, a broker and investment advisor associated with Cambridge Investment Research, Inc., is facing a serious customer dispute allegation that he recommended unsuitable oil and gas investments. The pending complaint, filed on March 7, 2024, has raised concerns among investors and industry professionals alike. The Allegation’s Gravity and Its Impact on Investors The seriousness

In a recent development, a serious allegation has been made against Sonia Attkiss, a broker and investment advisor at UBS Financial Services Inc. (CRD 8174) in New York. The customer dispute, which is currently pending, alleges unsuitability and misrepresentation related to recommendations to invest in and hold an options overlay strategy. The alleged misconduct took