Investor complaints against Wells Fargo broker and investment advisor Richard Bernstein (CRD# 1113777) allege conduct including false representations, suitability violations,...
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William Ornstein: Complaints Against Florida GMS Group Broker
Investor complaints against Boca Raton, Florida broker William Ornstein (CRD#: 500470) allege conduct including negligence, breach of fiduciary duty, false representations, fraud, and other activity undertaken at firms including The GMS Group. One such complaint seeks $100,000 in damages. He has been employed at that firm’s Boca Raton location since 2001, according to information… Read More »
FINRA Suspends Financial Advisor to Basketball Players
One of the most well-known financial advisors in the basketball world, Ken Kavanagh, has been suspended by the Financial Industry Regulatory Authority (FINRA). A disciplinary action taken by FINRA against former New York, New York broker and investment advisor Ken Kavanagh suspended him over allegations that he engaged in outside business activities without properly… Read More »
Greg Crance: Complaints Against OneAmerica Broker
Investor complaints against Alabama OneAmerica Securities broker Greg Crance (CRD# 736820) allege activity including disclosure failures and factual misrepresentations. One such complaint reached a settlement of more than $235,000. Crance is employed with OneAmerica Securities in Auburn, Alabama, where he has been employed since 2013, according to information drawn from Financial Industry Regulatory Authority… Read More »
Michael Greenfield: $200,000 Complaint Against Newbridge Broker
Investor complaints against Florida Newbridge Securities Corporation broker Michael Greenfield (CRD# 5406611) allege activity including negligence, breach of contract, unsuitable investments, and more. These include a pending complaint alleging damages of $200,000. Greenfield is employed with Newbridge Securities Corporation in Boca Raton, Florida, where he has been employed since 2017, according to information drawn… Read More »
Benjamin Bourgeois: Former Commonwealth Advisor Barred by Regulator
Former Louisiana Commonwealth Financial Network broker and investment adviser Benjamin Bourgeois (CRD# 2145555) has been barred from acting as a broker or otherwise associating with a broker-dealer firm, as the result of a sanction over allegations involving the potential conversion of firm funds. Bourgeois was employed at Commonwealth Financial Network in Metairie, Louisiana from… Read More »
Marc Greenberg: $15 Million Complaint Against JH Darbie Broker
Pending investor complaints against JH Darbie & Company broker Marc Greenberg (CRD# 2276287) describe activity including supervisory failures and violations of securities rules. One such pending complaint alleges damages of $15 million. Mr. Greenberg is employed with JH Darbie & Company in New York, New York, where he has been employed since 2016, according… Read More »
Scott Kaup: Complaint Against Summit Advisor Settles for $998,000
Investor complaints against Nebraska-located Summit Brokerage Services broker and investment adviser Scott Kaup (CRD# 1002907) describe activity including unsuitable recommendations, due diligence failures, material misrepresentations, fraud, and more. These complaints include one that settled for $998,000. Mr. Kaup is employed with Summit Brokerage Services in Stuart, Nebraska, where he has been employed since 2016,… Read More »
R. Douglas Armstrong: Investor Complaints Against Dawson James Broker
Investor complaints filed against Florida Dawson James broker R. Douglas Armstrong (CRD# 5236735) describe activity including unsuitable investment recommendations, incomplete disclosures, negligence, misrepresentations and omissions, and more. One such pending complaint alleges damages exceeding $100,000. Armstrong is registered with Dawson James in Boca Raton, Florida, where he has been employed since 2012, according to… Read More »
Chris Bennett: Former Hilliard Lyons Advisor Barred by Regulator
Former Hilliard Lyons broker and investment adviser Chris Bennett (CRD#: 2510231) was barred by the Financial Industry Regulatory Authority in February 2019 as the result of his allegedly unauthorized use of discretion in customer accounts. The former Louisville, Kentucky-based representative additionally has more than a dozen settled or pending customer complaints listed on his… Read More »
Cheryl Stallings: Former Kestra Advisor Barred by Regulator
Former Kestra Investment Services broker and investment adviser Cheryl Stallings (CRD# 1162913) was barred by the Financial Industry Regulatory Authority in November 2018 as the result of allegations she failed to disclose her receipt of power of attorney status for one of her customers, causing her former member firm LPL Financial’s inability to properly… Read More »
