Berthel Fisher & Company Financial Services, Inc. (“Berthel Fisher“) has faced numerous customer disputes, complaints, lawsuits, and regulatory actions over its financial planning services over the years. As an investor, it’s important to be aware of these issues and understand how they might impact your relationship with the firm. In this article, we’ll explore some […]
In a recent turn of events, a customer of Oppenheimer & Co. has been awarded $1.4 million in compensatory damages for their losses in the Horizon Private Equity III fund. This development comes after the filing of FINRA arbitration case 22-00866 last year, which involved an investigation into Oppenheimer & Co.’s sale of the Horizon
FINRA Awards Oppenheimer Customer $1.4M for Horizon Private Equity III Fund Losses Read More »
Insurance magnate Greg Lindberg has been central to various disputes and legal issues. This article will examine the key incidents plaguing Lindberg and his business ventures, including customer complaints, lawsuits, FINRA fines, barred advisors, financial advisor complaints, SEC actions, and fines. Greg Lindberg, a North Carolina business and insurance tycoon, was convicted and sentenced to
The Fallout from the Greg Lindberg Scandal: How Can Investors Recover Losses? Read More »
Former broker Antoine Souma has been ordered to pay Morgan Stanley nearly $6.4 million in compensatory damages related to two promissory notes paid to him as recruitment compensation. After a panel of arbitrators concluded that prohibited broker Antoine Nabih Souma (CRD# 4210987) owes his former employer, Morgan Stanley, $6.4 million in compensatory damages, national investment
This week, the Financial Industry Regulatory Authority (FINRA) emphasized the significance of maintaining accurate client records by suspending a broker accused of misrepresenting customer call details. Derek Rehill, a 24-year industry veteran, received a two-month suspension for allegedly breaching FINRA’s Rule 2010, which mandates brokers to adhere to “high standards.” Rehill is accused of recording