Former Germantown, Tennessee financial advisor Howard Crockett (CRD# 3022729) was recently sanctioned and suspended in connection with alleged rule violations....
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Gaspar Garcia: $150K GWG L-Bond Complaint Against Newbridge Advisor
A new investor complaint against Boca Raton financial advisor Gaspar Garcia (CRD# 3244396) alleges he engaged in fraud and negligence when recommending GWG L-bonds. Financial Industry Regulatory Authority records show that he is a broker and investment advisor with Newbridge Securities Corporation, doing business as Gaspar Garcia Advisors.
$5 Million Complaint Against Seal Beach Advisor Richard Skelton
A recent investor complaint against Woodbury Financial Services advisor Richard Skelton (CRD# 4782331) alleges that his investment advice led to seven-figure losses. Financial Industry Regulatory Authority records show that Mr. Skelton is a broker and investment advisor based in Seal Beach, California.
Investor Files Complaint Against Wildwood Advisor John Gaffney
Cetera Advisors representative John Gaffney (CRD# 2827905) allegedly recommended an unsuitable options strategy, according to a recent investor complaint against him. Financial Industry Regulatory Authority records show that he is a broker and investment advisor based in Wildwood, Florida. He was formerly registered with National Securities Corporation.
Gregory O’Brien: Complaint Against Hauppage Advisor Settled for $125K
PHX Investments advisor Gregory O’Brien (CRD# 3154314) has received multiple investor complaints alleging he made unsuitable investment recommendations. Financial Industry Regulatory Authority records show that he is a broker based in Hauppage, New York, having previously been registered with Aegis Capital in New York City.
Arni Diamond: Suitability Complaints Against Diamond Group Advisor
Jacksonville financial advisor Arni Diamond (CRD# 2667392) has received multiple investor complaints alleging he made unsuitable transactions. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that he is the owner of The Diamond Group, affiliated as an investment advisor with Empirikal Partners, and was formerly a broker with Supreme Alliance in… Read More »
James Hundley: $100K Complaint Against Stanhope Advisor
A recent investor complaint against The Investment Center financial advisor James Hundley (CRD# 2517897) alleges that his advice resulted in losses. Financial Industry Regulatory Authority records show that he is a broker and investment advisor in Stanhope, New Jersey, having previously been based in Newton, New Jersey.
Negligence Complaint Against Newbridge Advisor Jeffrey Eglow
Boca Raton financial advisor Jeffrey Eglow (CRD# 1299960) has received an investor complaint alleging six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and investment advisor with Newbridge Securities Corporation, having previously been registered with SunTrust Financial Services.
Jeffrey Furniss: Oil & Gas Complaint Against Charter Financial Advisor
Annapolis financial advisor Jeffrey Furniss (CRD# 4888498) allegedly recommended unsuitable oil and gas investments, according to investor complaints against him. Financial Industry Regulatory Authority records show that he is registered with Lincoln Financial Advisors Corporation and works a representative of Charter Financial Group, which offers securities through Lincoln.
FINRA Bars Indianapolis Advisor David Karandos
Pending investor complaints against former Dinosaur Financial advisor David Karandos (CRD# 1934119) allege that his recommendations led to six-figure losses. Financial Industry Regulatory Authority records show that the Indianapolis-based representative has been barred by FINRA over findings he refused to cooperate with an investigation into his conduct.
UBS Reaches $25 Million Fraud Settlement with SEC: Options Strategy
UBS Financial Services will pay “approximately $25 million” as part of a settlement with the Securities and Exchange Commission over fraud charges stemming to its Yield Enhancement Strategy, or YES, a “complex options investment strategy.” A press release issued by the SEC in June specifies that UBS will pay $5.8 million in disgorgement, $1.4… Read More »
