- Reef Securities and President, Paul Mauceli allegedly failed to notify investors in a timely manner of a right to rescission related to sales of an oil and gas drilling income fund limited partnership. Financial Industry Regulatory Authority (FINRA) entered an Acceptance Waiver and Consent without any admission or denial as to the underlying allegation. If you are an investor who suffered losses with Mauceli, or Reef Securities relating to energy securities, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Park Avenue Securities, LLC agreed to a fine and censure regarding allegations related to its systems and procedures involving the supervision of variable annuity transactions. Financial Industry Regulatory Authority (FINRA) entered an Acceptance Waiver and Consent without any admission or denial as to the underlying allegation. If you are an investor who suffered losses with Park Avenue Securities relating to variable annuities, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Laura Ortega Shean, a financial consultant previously registered with LPL Financial, LLC in Medford, Oregon, appears to be barred after being the subject of a regulatory investigation alleging she may have made tax payments for her own benefit by improperly directing funds from a customer’s brokerage account. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. If you are an investor who suffered losses with Shean, or LPL Financial, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- William Brunner, a financial consultant who was previously registered with Investment Planners, Inc., in Huntington, N.Y., agreed to a regulatory fine and/or censure (and is barred from the industry) without admitting or denying the allegations made by FINRA involving possible excessive trading, and use of discretion without written authorization. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. If you are an investor who suffered losses with Brunner or Investment Planners, or in any way relating to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Scott Palmer a financial consultant previously registered with Janney Montgomery in Hackensack, N.J. agreed to a bar without admitting or denying the allegations made by FINRA involving possible excessive trading, and use of discretion without written authorization. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. If you are an investor who suffered losses with Palmer, or Janney Montgomery, or in any way relating to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Ron Ison, a financial consultant previously registered with Buckman, Buckman & Reid, Inc. in Little Silver, N.J., agreed to a regulatory fine and/or censure and is barred without admitting or denying the allegations made by FINRA involving possible unauthorized trading, and unsuitable trading. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. If you are an investor who suffered losses with Ison, or Buckman, Buckman & Reid, or in any way relating to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Steven Pagartanis, a financial consultant previously registered with Lombard Securities, Inc., Cadaret, Grant & Co., and Woodbury Financial Services, Inc. in Setauket, N.Y., agreed to an industry bar and regulatory fine and/or censure without admitting or denying the allegations made by FINRA involving possible fraudulent misrepresentations and misappropriated customer funds. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. If you are an investor who suffered losses with Pagartanis, Lombard Securities, Cadaret, Grant, or Woodbury Financial, or in any way relating to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Dallas Richardson York, a financial consultant previously registered with Wells Fargo Clearing Services, LLC in Phoenix, AZ., appears to be the subject of one or more customer complaints alleging withdrawal of funds from a customer bank account without customer’s knowledge or consent, and which may have been used by York to purchase cashier’s checks made out to cash and York may have cashed those checks. See FINRA brokercheck. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. If you are an investor who suffered losses with York, or Wells Fargo Clearing Services relating to unauthorized withdrawals or other improper activities, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Vincent Santoro, a financial consultant previously registered with State Farm VP Management Corp. in Lake Mary, FL. appears to be the subject of an Acceptance, Waiver and Consent with Financial Industry Regulatory Authority (FINRA) relating to allegations involving private securities transactions and/or outside business activities. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. If you are an investor who suffered losses with Santoro, or State Farm relating to private securities transactions, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Mason Gann, a financial consultant previously registered with Berthel Fisher & Co. in Dallas, TX., appears to be the subject of one or more Financial Industry Regulatory Authority (FINRA) disclosures relating to a possible use of discretion without approval to make approximately 500 trades in a customer account. FINRA requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. This generally requires that any recommendation have a reasonable basis based on due diligence and investigation into the investment, as well as must be appropriate for the investor based on the client’s retirement status, financial goals and objectives, age, income and financial situation, and other relevant factors. If you are an investor who suffered losses with Gann, or Berthel Fisher & Co. relating to discretion without client and/or firm approval, churning, or excessive trading, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Patrick Richard McNamara, a financial consultant previously registered with Merrill Lynch in Florham Park, NJ., appears to be the subject of one or more customer and/or regulatory complaints alleging unsuitable recommendations. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. If you are an investor who suffered losses with McNamara, or Merrill Lynch relating to unsuitable recommendations, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Brad Lawing, a financial consultant registered with Cambridge Investment Research, Inc. in Springfield, MO., appears to be the subject of one or more customer complaints alleging unsuitable recommendations. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. According to FINRA brokercheck the number of disclosures for Brad Lawing appear unusual, as some overall general statistical research from 2005-2015 reflects that 90% or more of the registered brokers have no such disclosures on their records. See: www.nber.org/papers/w22050. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. This generally requires that any recommendation have a reasonable basis based on due diligence and investigation into the investment, as well as must be appropriate for the investor based on the client’s retirement status, financial goals and objectives, age, income and financial situation, and other relevant factors. If you are an investor who suffered losses with Lawing, or Cambridge Investment Research relating to unsuitable transactions, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Alvery Bartlett, a financial consultant previously registered with Berthel Fisher & Co. Financial Services, Inc. and now registered with Arete Wealth Management LLC in Clayton, MO., appears to be the subject of one or more customer complaints involving alternative investments, private placements, direct participation products, REITs, and/or oil and gas investments. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. According to FINRA brokercheck the number of disclosures for Alvery Bartlett appear unusual, as some overall general statistical research from 2005-2015 reflects that 90% or more of the registered brokers have no such disclosures on their records. See: www.nber.org/papers/w22050. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. This generally requires that any recommendation have a reasonable basis based on due diligence and investigation into the investment, as well as must be appropriate for the investor based on the client’s retirement status, financial goals and objectives, age, income and financial situation, and other relevant factors. If you are an investor who suffered losses with Bartlett, Berthel Fisher, or Arete Wealth Management relating to alternative investments, private placements, direct participation products, REITs, and/or oil and gas investments, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Cormac Maughan, a financial consultant registered with The GMS Group, LLC in Livingston, N.J., appears to be the subject of one or more customer complaints involving unsuitable Puerto Rico bond investments. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. According to FINRA brokercheck the number of disclosures for Cormac Maughan appear unusual, as some overall general statistical research from 2005-2015 reflects that 90% or more of the registered brokers have no such disclosures on their records. See: www.nber.org/papers/w22050. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. This generally requires that any recommendation have a reasonable basis based on due diligence and investigation into the investment, as well as must be appropriate for the investor based on the client’s retirement status, financial goals and objectives, age, income and financial situation, and other relevant factors. If you are an investor who suffered losses with Maughan, or The GMS Group relating to unsuitable Puerto Rico bond investments, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Anthony Salerno, a financial consultant is registered with Ameriprise Financial and previously registered with RBC Capital in Osterville, MA., appears to be the subject of one or more customer complaints involving Master Limited Partnerships (MLPs), oil & gas investments, Exchange Traded Notes (ETNs), structured notes, Exchange Traded Funds (ETFs) mutual funds, stocks, and other investments. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. According to FINRA brokercheck the number of disclosures for Anthony Salerno appear unusual, as some overall general statistical research from 2005-2015 reflects that 90% or more of the registered brokers have no such disclosures on their records. See: www.nber.org/papers/w22050. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. This generally requires that any recommendation have a reasonable basis based on due diligence and investigation into the investment, as well as must be appropriate for the investor based on the client’s retirement status, financial goals and objectives, age, income and financial situation, and other relevant factors. If you are an investor who suffered losses with Salerno, Ameriprise, RBC Capital relating to MLPs, ETNs, ETFs, structured notes, oil and gas investments, or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
- Michael Mathias, a financial consultant previously registered with Summit Brokerage Services in Mt. Kisco, NY, appears to be the subject of one or more customer complaints involving allegations of unsuitability. See FINRA brokercheck. Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to publicly disclose reportable events (including material customer complaints, IRS tax liens, judgments, certain criminal matters, etc.) on the Central Registration Depository (CRD) system. According to FINRA brokercheck the number of disclosures for Michael Mathias appear unusual, as some overall general statistical research from 2005-2015 reflects that 90% or more of the registered brokers have no such disclosures on their records. See: www.nber.org/papers/w22050. Brokerage firms owe a duty to investor clients to properly supervise and monitor their employees. Supervisory responsibilities on the part of the firms are a critical component of the securities regulatory scheme. Firms and supervisors cannot ignore red flags and they have responsibilities to detect and prevent improper activity. Brokers and brokerage firms have legal and regulatory obligations to make suitable recommendations to investor clients. This generally requires that any recommendation have a reasonable basis based on due diligence and investigation into the investment, as well as must be appropriate for the investor based on the client’s retirement status, financial goals and objectives, age, income and financial situation, and other relevant factors. If you are an investor who suffered losses with Mathias, Summit Brokerage, relating to unsuitable investments, , or if you have any questions related to the handling of your investment portfolio please call the Investment Loss Recovery Group at 1-800-856-3352 for a no-cost consultation and review, handling cases nationwide.
