With a history dating back to 1984, Todd Petersen is a veteran of the securities industry. However, it is his recent history, with eight customer disputes logged on his BrokerCheck Record in 2020, that is attracting attention, for the wrong reasons. He was discharged by SCF Securities, Inc. with whom he was a registered representative […]
SCF Securities Advisor Todd Petersen Complaints Read More »
According to the Financial Industry Regulatory Authority (FINRA), Eugene Arthur McAdams (C.R.D. #: 419021), a broker with Joseph Stone Capital, has reportedly been barred from working in the securities industry. FIRNA claims they barred McAdams after he purportedly refused to provide on-the-record testimony as requested by the regulator. FIRNA is investigating the suitability of the
Joseph Stone Capital Financial Advisor Eugene McAdams Barred Read More »
NYLIFE Securities listed representative, Felix Chu, is facing allegations of defrauding two customers, where the plaintiffs are asking for $5,230,000 in restitution. The Financial Industry Regulatory Authority (FINRA) has barred Felix last year. The regulator presented claims against Felix for defrauding investors, including senior citizens, by operating a Ponzi scheme around promissory notes. According to
NYLIFE Securities Advisor Felix Chu Accused In A $5 Million Ponzi Scam Read More »
A registered representative of Merrill Lynch, Evelyn Batista was suspended by the Financial Industry Regulatory Authority (FINRA) for making “reckless misrepresentations” to the Small Business Administration (SBA) to obtain an economic injury disaster loan. In 2020, the federal government initiated several programs to assist small businesses in coping with the ramifications of the COVID-19 pandemic.
Evelyn Batista (Merrill Lynch) Broker Suspended By FINRA Read More »
The unraveling of GPB Capital Holdings and the $1.8 billion Ponzi scheme that resulted in over 17,000 investors being defrauded, is now well known. It is now six months since the Department of Justice filed criminal charges against its executives. GPB Capital promised 8% returns on private placements to investors and sold the securities as