Financial Advisor Fraud

Recent allegations against Michael Delao, a registered agent of St. Bernard Financial Services, Inc., have brought to light the seriousness of reporting violations in the financial industry. The case revolves around Delao’s arrest and subsequent felony charge on March 31, 2019, which he failed to report on his Form U4 until September 27, 2022. Despite […]

Investment fraud allegations are serious matters that require careful scrutiny and investigation. One such case is currently being investigated by the national investment fraud law firm, Haselkorn & Thibaut. The firm is investigating a case involving John Rabulan, a former broker with NYLIFE SECURITIES LLC (CRD 5167). The seriousness of the allegation is underscored by

Investment fraud allegations are grave matters that require immediate attention and thorough investigation. One such allegation currently under investigation involves Lorraine Gallette, a financial advisor previously associated with COASTAL EQUITIES, INC. and MOLONEY SECURITIES CO., INC. (CRD 38535). The case, filed on 9/6/2023, is currently pending and involves a customer dispute over a claim of

Daniel Raupp, a broker currently registered with CONCORDE INVESTMENT SERVICES, LLC, is under investigation following a client’s allegation of non-disclosure regarding the nature of an investment made in 2021. The claim, which is still pending as of September 6, 2023, alleges that the client was unaware that the investment was tied to the construction sector.

The world of finance and investment is not always as straightforward as it seems. Allegations of misconduct, lack of due diligence, and unsuitable investments can sometimes emerge, casting a shadow on the reputation of financial advisors and the firms they work for. One such serious allegation has recently been brought to light, involving financial advisor