Financial Advisor Fraud

Can You Legally Sue Your Financial Advisor For Losses?

Investing your funds with a financial professional involves a significant level of trust. Nevertheless, sometimes outcomes are unfavorable. Perhaps the advice provided was not optimal or the vigilance over your portfolio was lacking. Consequently, you might question whether legal action against your financial professional for losses is a feasible step. Financial professionals are mandated to […]

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Christian De Berardinis Suspended After Allegations of Soliciting Outside Investments

According to the Financial Industry Regulatory Authority (FINRA), the regulator has suspended financial advisor Christian De Berardinis (CRD#: 4312327) from acting as a broker for 24 months. From February 2020 to August 2021, De Berardinis, a Morgan Stanley advisor, allegedly participated in private offerings of securities that raised $2.45 million from four firm customers. De

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Otto Ramon Bohon Jr: A Trail of Customer Complaints and Regulatory Issues

Otto Ramon Bohon Jr., a former financial advisor based in Tucson, Arizona, has found himself at the center of numerous customer complaints and regulatory actions. His career in the financial industry, spanning over a decade, has been marred by allegations of misconduct and unsuitable investment recommendations. Let’s delve into the details of these complaints and

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Lisa Broughton of PFS Investments Faces Embezzlement and Negligence Allegations

In a recent development, a serious allegation has been made against Lisa Broughton, a registered representative associated with PFS Investments Inc. (CRD 10111) in New Hampshire. The beneficiary of a PFSI customer account has filed a small claims lawsuit against Broughton, alleging that she embezzled $1,800 and negligently caused $20,000 in investment losses. This pending

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Richard Wesselt: Updated BrokerCheck Complaints Report and Regulatory History (2025)

This article summarizes publicly available regulatory information and customer dispute data concerning Richard Michael Wesselt (CRD# 2195569), a former registered representative who previously worked with Fortune Financial Services, Inc. (CRD# 42150) and The O.N. Equity Sales Company (ONESCO) in Pennsylvania. According to FINRA BrokerCheck, FINRA permanently barred Richard Wesselt from association with any FINRA member

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