Chris Russo, a seasoned financial advisor based in Westbury, New York, recently caught the public eye after an investor complaint was lodged against him over investments in GWG Holdings and GPB Capital. Known for his vast experience spanning 27 years in the securities industry, Russo is currently affiliated with B. Riley Wealth Management. His operations, […]
GPB and GWG Lodge Complaint Against Wealth Advisor Worldwide Read More »
Sanctuary Securities Inc. is the latest casualty of the irregularities over the private placement sale of offerings sponsored by GPB Capital. As per the letter of settlement made available by the self-regulating organization (SRO), it has been fined $60K by the Financial Industry Regulatory Authority (FINRA) for the sale of GPB Holdings II LP and
Sanctuary Securities Fined by FINRA Over GPB Capital Sales (David A. Noyes & Company) Read More »
A woman retiree has been successful in recovering part of her investment in the GWG L Bonds of GWG Holdings. The company is now under Chapter 11 bankruptcy protection, with as many as 17,000 investors facing the prospect of losing a large part of their investment. It was alleged in the claim that the illiquid,
Retiree Recovers Full GWG L Bonds Investment Through FINRA Claim Read More »
Frank Avallone, a financial advisor at National Securities Corporation, is facing suitability questions after two customers accused him of recommending unsuitable investment products. According to BrokerCheck record of May 7, 2020, two customers have accused of recommending wrong investments that led to substantial losses. Investors are encouraged to call 1-800-856-3352 to review their investment portfolios
Frank Avallone and National Securities Corporation Complaints & Investigation Read More »
Haselkorn & Thibaut (InvestmentFraudLawyers.com) is currently investigating National Securities Corporation for allegations of financial advisor malpractice. This is a national investigation involving the sales practices and product sales of investment products to clients. Anyone who invested with National Securities Investors should be aware that the current (February 2020) FINRA Brokercheck report reflects 79 total disclosures.
National Securities Corp FINRA Lawsuit Read More »