The final judgment delivered by the Securities Exchange Commission (SEC) has ordered ex-advisor Chad Burroughs to pay $560,000 in disgorgement to elderly victims of his financial fraud. This is a little lower than the $575,000 restitution asked for in the criminal case. In April 2020, Burroughs was awarded a jail sentence of 33 months to […]
Chad Burroughs (Lincoln Advisors) Ordered to Pay $560K By SEC Read More »
Our investment fraud attorneys at Haselkorn & Thibaut are investigating clients’ complaints involving stockbroker Christopher R. Bice of Sagepoint Financial. Bice’s BrokerCheck records show a number of pending FINRA investment fraud lawsuits, including two client disputes related to private placements. The plaintiffs are seeking more than $2 million in damages and we believe there are
Christopher Bice Financial Advisor Complaints | Sagepoint Financial Read More »
If you are like most investors, you read the brochures and advertising materials where brokerage firms want to gain your trust (and your assets) by convincing you that they can help you save for your retirement, keep your money safe and secure, assist you in making wise investments, and advise you in making other critical
Does Your Financial Advisor Have A Conflict of Interest? Read More »
The investment being safe, secure, and liquid and the freedom to withdraw whenever required, minus a small surrender fee, were the assurances provided by broker Maria Florencia Calcena, then a registered representative of Ocean Financial Services, based on which $245K was invested by a former client in a product from Northstar Financial Services (Bermuda) Ltd.,
$245k Northstar Financial Services Complaint Against Maria Calcena (Ocean Financial) Read More »
Steven Robert Luftschein (also known as Steven Lerner), formerly an advisor with Aegis Capital Corp., has reportedly been barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). This is on the back of allegations against him of excessive trading and churning in accounts of three different clients. About Steven Luftschein From 2013
Aegis Capital Advisor Steven Luftschein Barred For Churning Read More »