Representatives of broker-dealer firm David Lerner Associates (CRD# 5397) allegedly recommended unsuitable limited partnership investments to hundreds of customers, according...
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Eric Dec: Did Ex-Emerson Equity Advisor Commit Fraud?
Former San Mateo financial advisor Eric Dec (CRD# 2185598) is involved in an investor complaint alleging he engaged in conduct that resulted in damages exceeding $100,000. Records maintained by the Financial Industry Regulatory Authority show that he was most recently registered as a broker with Emerson Equity. Mr. Dec’s BrokerCheck report discloses one investor… Read More »
Michael Fisher: Ameriprise Advisor Faces $100K Complaint
A recent investor complaint against Melville, New York financial advisor Michael Fisher (CRD# 4056114) alleges that his conduct resulted in six-figure losses. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Ameriprise Financial Services, having previously been registered with Wells Fargo Advisors.
Bill Borleis: GWG Complaint Against Arete Wealth Advisor
Nashville-area financial advisor Bill Borleis (CRD# 2285245) recently received an investor complaint alleging losses stemming from an investment in GWG Holdings. Financial Industry Regulatory Authority records show that the Spring Hill, Tennessee representative is currently registered as a broker and an investment advisor with Arete Wealth.
James Mayes: Western International Advisor Faces $100K Bond Complaint
Woodland Hills, California financial advisor James Mayes (CRD# 2879995) is involved in an investor complaint alleging his conduct resulted in six-figure losses. Records provided by the Financial Industry Regulatory Authority indicate that he is currently registered as a broker and an investment advisor with Western International Securities.
Steven Karol: Ex-Joseph Stone Advisor Receives $141K Complaint
New York financial advisor Steven Karol (CRD# 7192377), also known as Szczepan Kosmaczewski and Steven Kostis, recently received an investor complaint alleging he made unauthorized transactions. Records maintained by the Financial Industry Regulatory Authority show that he is currently registered as a broker and an investment advisor with Craft Capital Management, having previously been… Read More »
Shaun Floresca: $85K Complaint Against Alliant Advisor
A recent investor complaint against Chicago financial advisor Shaun Floresca (CRD# 4758697) alleges that he recommended an unsuitable investment, resulting in losses. Records provided by the Financial Industry Regulatory Authority indicate that he is a broker and an investment advisor with LPL Financial, doing business as Alliant Retirement and Investment Services.
Mahany Ortiz: Ex-Raymond James Advisor Faces $400K Northstar Complaint
New York City financial advisor Mahany Ortiz (CRD# 4649349) is involved in an investor complaint alleging that she recommended an investment in Northstar Financial Services that resulted in six-figure losses. Records provided by the Financial Industry Regulatory Authority show that she is currently registered as a broker with Flourish Financial, having previously been registered… Read More »
Craig Lang: Stephens Advisor Receives New Investor Complaint
Shreveport, Louisiana financial advisor Craig Lang (CRD# 301830) recently received an investor complaint alleging he engaged in misconduct that resulted in losses in the account. Records maintained by the Financial Industry Regulatory Authority indicate that he is currently registered as a broker and an investment advisor with Stephens.
Joseph Crespi: Stifel Fined $2.5mm over Alleged “Predatory” Sales
The Massachusetts Secretary of State recently announced a $2.5 million fine against broker-dealer Stifel Nicolaus & Company in connection with findings that the firm overlooked red flags of “predatory sales practices” by former Taunton, Massachusetts representative Joseph Crespi. Financial Industry Regulatory Authority records show that Crespi (CRD# 1110919) is not currently registered as a… Read More »
William Notrica: Ex-RBC Advisor Faces Suitability Complaint
San Juan Capistrano financial advisor William Notrica (CRD# 817537) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that the Aegis Capital broker and investment advisor was recently fired by RBC Capital Markets.
