Compensatory damages have been awarded to Carlos Ramon Tapia Sanchez, a client of Francisco Valenzuela, a former broker from Morgan Stanley. who accused the firm of negligence as well as failure to supervise. The Phoenix, Arizona based three-member panel of public arbitrators held the firm responsible for these acts, for which it has to pay […]
Francisco Valenzuela (Morgan Stanley) Order to Pay $160K By FINRA Read More »
Robert Turner, a former UBS financial advisor, based in Texas is being pursued by his one-time employer UBS for misappropriation of funds and causing losses exceeding $17 million in the accounts of 23 customers of the firm. The period of the alleged wrongdoing is a fairly stretched-out period lasting 24 years according to KWTX, based
Former UBS Financial Advisor Robert Turner Sued For $17M Customer Fraud Read More »
Brookfield managed private real estate trusts are set to acquire the publicly registered non-traded real estate investment trust (REIT), Watermark Lodging Trust, Inc. It will be an all-cash transaction and the price agreed is $3.8 billion, taking into account the assumption of debt as well as preferred equity. Unfortunately, many Watermark REIT investors will receive
Brookfield Finalizes Watermark Lodging Trust REIT Acquisition in Cash for $3.8B Read More »
Tom Hulick Strategy Asset Managers Investigation: What Investors Should Know Haselkorn & Thibaut has opened an investigation into Tom Hulick, a Pasadena, California-based financial advisor currently registered with Strategy Asset Managers. If you’ve worked with Tom Hulick or Hulick Capital Management and experienced investment losses, understanding the recent developments surrounding this advisor could be crucial
Tom Hulick of Strategy Asset Managers Faces $500,000 Investor Complaint Read More »
Haselkorn & Thibaut are currently investigating Aegis Capital for several issues including the sales of GWG Holdings L Bonds and other investment products. It is alleged that financial advisors at Aegis Capital did several things including misrepresenting the true risk of the investment, overconcentrated the holdings of clients, and not properly supervising. In January, GWG
Aegis Capital Investigation For GWG Holdings L Bonds Read More »