Financial Advisor Fraud

In a recent development, a serious allegation has been made against Ronald Zeppernick, a broker and investment advisor associated with Key Investment Services LLC (CRD 136300). The customer dispute, filed on February 29, 2024, and currently pending resolution, alleges that Zeppernick misrepresented a recommendation to purchase a $108,000 Prosperity Fixed Annuity in April 2023. This […]

In a recent development that has sent shockwaves through the investment community, a serious allegation has been made against Robert Outtrim, a financial advisor associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated. The gravity of this case cannot be understated, as it has the potential to significantly impact the trust and confidence of investors

A serious allegation has recently been made against Eugene Thompson, a broker and investment advisor associated with Capital Investment Group, Inc. (CRD 14752) in North Carolina. The complaint, filed on February 29, 2024, alleges breach of fiduciary duty, fraudulent misrepresentation, unfair or deceptive trade practices, violations of the NC Securities Act, and constructive fraud related

In a recent development that has sent shockwaves through the investment community, Eugene Thompson, a broker associated with Capital Investment Group, Inc., has been named in a serious customer dispute alleging breach of fiduciary duty, negligence, negligent misrepresentation, breach of contract, failure to supervise, and violation of Regulation Best Interest. The complaint is linked to

Overconcentration of Fisker stock in LPL portfolios has raised alarms. This issue occurs when a single stock takes up too much space in an investor’s account. For LPL Financial advisors, this problem has led to legal troubles. On October 16, 2024, investors filed claims against them. These claims point out the risks of putting too