Financial Advisor Fraud

In a recent case that has sent shockwaves through the investment community, a serious allegation has been made against Christopher Passero, a broker and investment advisor associated with Money Concepts Capital Corp. The claimant alleged that the product, a real estate security, failed and was unsuitable for their investment portfolio. This case, which was settled […]

In a recent development, a serious allegation has been made against Todd Rustman, a broker and investment advisor associated with American Trust Investment Services, Inc. (CRD 3001) in California. The customer dispute, filed on March 9, 2024, alleges breach of fiduciary duty, suitability issues, and concentration of investments, with a particular focus on penny stocks.

In a recent development, a serious allegation has been made against Kurt Baldry, a broker and investment advisor associated with Ausdal Financial Partners, Inc. (CRD 7995) in the state of Minnesota. The customer dispute, filed on March 10, 2024, and currently pending resolution, raises concerns about Baldry’s conduct in relation to the sale of iCap

In a recent development that has sent shockwaves through the investment community, a serious allegation has been made against Christopher Gardella, a broker associated with PRUCO SECURITIES, LLC. (CRD 5685) (State NJ). According to the disclosed information, a customer has alleged that they were misled when purchasing a variable annuity in February 2022 and has

Christopher Coffey, a former broker at Allstate Financial Services, LLC (CRD# 18272), faces serious allegations of forgery and misrepresentation related to a customer’s IRA Variable Annuity account. The customer claims that Coffey cut and pasted her signature onto account documents without her consent and misinformed her about penalties incurred when liquidating a previous annuity. This