Spartan Capital Securities (CRD# 146251) allegedly engaged in a years-long fraud in which it “defrauded customers by engaging in widespread...
Read MoreAuthor Archives: chase@carlson-law.com
Kevin & Sean Kane: SEC Charges Ex-Waddell & Reed Advisors
The Securities and Exchange Commission recently filed fraud charges against York, Pennsylvania-based advisors Kevin Kane (CRD# 2269484) and Sean Kane (CRD# 5778281). Financial Industry Regulatory Authority records indicate that the father-and-son advisory team are currently registered with Cambridge Investment Research and were formerly registered with Waddell & Reed. The latter firm terminated their registrations… Read More »
Morgan Stanley’s Frank AuYeung Faces Structured Product Complaint
A recent investor complaint against Cupertino financial advisor Frank AuYeung (CRD# 2256932) alleges excessive trading of structured products. Records provided by the Financial Industry Regulatory Authority indicate that he is a broker and an investment advisor with Morgan Stanley, whose website describes him as a member of the AuYeung Wealth Management Group.
Michelle Perres: $100K-$500K Complaint Against Aegis Advisor
A recent investor complaint against Melville financial advisor Michelle Perres (CRD# 4350152) alleges that her conduct resulted in damages as high as $500,000. Financial Industry Regulatory Authority records indicate that she is a broker and an investment advisor with Aegis Capital Corporation.
Cape Securities Advisor Bruce Phillips Faces $100K Skyloft Complaint
McDonough, Georgia financial advisor Bruce Phillips (CRD# 2239471) is involved in an investor complaint alleging that an NP Skyloft investment resulted in six-figure damages. Financial Industry Regulatory Authority records indicate that he is a broker and an investment advisor with Cape Securities and Cape Investment Advisory, respectively.
Michael Yarus: Why Did Wells Fargo Fire Ex-Paramus Advisor?
Wells Fargo recently fired former Paramus-based financial advisor Michael Yarus (CRD# 1543852) in connection with alleged rule violations. Financial Industry Regulatory Authority records indicate that he is now a broker with Carter, Terry & Company in Atlanta, Georgia.
Stanley Kaplan: $225K Complaint Against SW Financial Advisor
Melville financial advisor Stanley Kaplan (CRD# 865744) allegedly charged excessive commissions and acted negligently, according to a recent investor complaint. Records maintained by the Financial Industry Regulatory Authority indicate that he is a broker with SW Financial, having previously been registered with Joseph Gunnar & Company.
Ernest Harris: $300K Complaint Against Union Capital Advisor
Playa Vista financial advisor Ernest Harris (CRD# 714335) allegedly recommended an unsuitable investment that led to six-figure damages, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Union Capital Company.
Craig Friedrichsen: Complaints Against GamePlan Advisor Seek $150K
Recent investor complaints against Topeka financial advisor Craig Friedrichsen (CRD# 2774629) allege that he misrepresented investments and recommended illiquid products, including non-traded real estate investment trusts. Records provided by the Financial Industry Regulatory Authority indicate that he is a broker and an investment advisor with Pruco Securities, as well as a representative of GamePlan… Read More »
William Gardner: Why Did Edward Jones Fire Arkos Advisor?
Milton, Georgia financial advisor William Gardner (CRD# 7163062) was recently terminated from his position as a broker with Edward Jones in connection with alleged rule violations. Records provided by the Financial Industry Regulatory Authority and the Securities and Exchange Commission indicate that he is currently registered as an investment advisor with Arkos Global Advisors.
Joyce Thomas: $738K Complaint Against JTW Financial Advisor
San Gabriel, California financial advisor Joyce Thomas (CRD# 2713664) is involved in an investor complaint alleging her recommendations resulted in six-figure damages. Financial Industry Regulatory Authority records indicate that she is a broker and an investment advisor with Independent Financial Group, doing business as JTW Financial Services.
