Former Germantown, Tennessee financial advisor Howard Crockett (CRD# 3022729) was recently sanctioned and suspended in connection with alleged rule violations....
Read MoreAuthor Archives: chase@carlson-law.com
SEC Complaint Against AGM Advisor Vincent Camarda: Par Funding
A complaint filed this month by the Securities and Exchange Commission alleges that A.G. Morgan Financial Advisors representative Vincent Camarda (CRD# 2463703) solicited investors to invest in a “$500 million unregistered fraudulent offering” with Par Funding. Financial Industry Regulatory Authority and SEC records show that the Massapequa, New York advisor allegedly failed to disclose… Read More »
Francis Velten: Churning Allegations Against New Port Richey Advisor
A pending FINRA enforcement action against former Ameriprise financial advisor Francis Velten (CRD# 2291911) alleges he failed to respond to an investigation into potential churning in the accounts of elderly customers. Financial Industry Regulatory Authority records show that Mr. Velten was most recently registered in New Port Richey, Florida, and that he has received… Read More »
Massapequa Advisor James McArthur Named in SEC Complaint: Par Funding
The Securities and Exchange Commission has brought a complaint against Massapequa Financial Advisor James McArthur (CRD# 2797856). According to Financial Industry Regulatory Authority and SEC records, the complaint alleges that the A.G. Morgan Financial Advisors representative solicited investors to invest more than $2 million in notes issued by Par Funding, an allegedly unregistered securities… Read More »
Matt Gates: $500K Complaint Against Fired Joseph Gunnar Advisor
New York City financial advisor Matt Gates (CRD# 4727945) has received investor complaints alleging his recommendations resulted in six-figure damages. Financial Industry Regulatory Authority records show that the VCS Venture Securities broker was fired from one of his former employers, Joseph Gunnar & Company, in relation to alleged company policy violations.
David Geake: $965K GWG L Bond Complaint Against Chicago Advisor
Chicago financial advisor David Geake (CRD# 3088891) has received an investor complaint six-figure damages relating to the sale of GWG L bonds. Financial Industry Regulatory Authority records show that Mr. Geake is a broker and investment advisor American Trust Investment Services, and that earlier investment complaints against him have reached six-figure settlements.
Frank Mastrosimone: $100K Complaint Against Basking Ridge Advisor
Pruco Securities financial advisor Frank Mastrosimone (CRD# 322615) has received an investor complaint alleging six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and investment advisor based in Basking Ridge, New Jersey, and that he was formerly a representative of Royal Alliance Associates in West Orange, New Jersey.
Purpetual Wealth Advisor Jim Jones: $400K Investor Complaint
Jasper, Indiana financial advisor Jim Jones (CRD# 5064653) allegedly recommended unsuitable investments, according to pending investor complaints against him. Financial Industry Regulatory Authority records show that he is a broker and investment advisor with Center Street Securities and Capital Advisory Network, respectively, doing business as Purpetual Wealth Management.
Vail Advisor MaRico Tippett: Alternative Investment Complaint
Community Wealth Builders investment advisor MaRico Tippett (CRD# 4821428) allegedly recommended an unsuitable alternative investment, according to a recent investor complaint against him. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the Vail, Arizona representative was formerly a broker with FSC Securities Corporation and is no longer registered as a… Read More »
Jason Cook: $300K REIT Complaint Against Stokes Cook Advisor
Graham, North Carolina financial advisor Jason Cook (CRD# 4349388) has received an investor complaint alleging six-figure damages. Financial Industry Regulatory Authority records show that he is a representative of Berthel Fisher & Company Financial Services, doing business as Stokes Cook Wealth Management.
Ron Baker: FINRA Bars Lubbock Advisor Over Discretion Probe
Lubbock, Texas financial advisor Ron Baker (CRD# 10600) has been barred from acting as a broker following allegations he failed to cooperate with a regulatory investigation into his conduct. Financial Industry Regulatory Authority records show that he was most recently a representative of Richfield Orion International.
