Financial Advisor Fraud

In a recent development, Stonecrest Capital Markets, Inc. (the “Firm”) received a FINRA arbitration notice on February 28, 2024, from a client, Mr. [REDACTED], directed against registered representatives Edward Kasperavich (CRD#4970038) and Deborah Stackpole (CRD#4969850). The complaint lodged serious allegations of poor recommendation and advice concerning an investment made by Mr. [REDACTED] in GWG Holdings, […]

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