A recent investor complaint against Huntington Beach, California financial advisor Troy Thomas (CRD# 4691720) alleges that his conduct resulted in...
Read MoreCategory Archives: Uncategorized
Viqas Akhtar: Ex-National Securities Advisor Faces Investor Complaint
Miami financial advisor Viqas Akhtar (CRD# 5624412) recently received an investor complaint alleging he engaged in excessive trading. Records maintained by the Financial Industry Regulatory Authority show that he is a broker with B. Riley Wealth Management, having previously been registered with National Securities Corporation.
Dan Lundquist: $50K-$100K GWG Complaint Against Ausdal Advisor
Elgin, Illinois financial advisor Dan Lundquist (CRD# 2784929) recently received an investor complaint alleging that he breached his fiduciary duty and misrepresented material facts regarding an investment in GWG L bonds. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Ausdal Financial Partners.
Mitchell Jacobs: $222K Complaint Against Ameriprise Advisor
A recent investor complaint against Houston financial advisor Mitchell Jacobs (CRD# 2634912) alleges damages of more than $200,000. Records provided by the Financial Industry Regulatory Authority show that he is currently registered as a broker and an investment advisor with Ameriprise Financial Services.
Eric Davidson: Aegis Denies $300K Complaint Against Portland Advisor
Portland, Oregon financial advisor Eric Davidson (CRD# 2731195) allegedly recommended unsuitable investments, according to a recent, denied investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Aegis Capital, having previously been registered with JHS Capital Advisors.
SEC Charges Matthew Bruderman, Bruderman Asset Management
The Securities and Exchange Commission (SEC) has settled charges against advisory firm Bruderman Asset Management and its principal Matthew Bruderman (CRD# 2210472), according to a press release issued on September 26, 2023. The charges concerned allegations that Mr. Bruderman and his firm failed to disclose “the misuse of proceeds raised from investment advisory clients”… Read More »
Kelly Johnston & Rick Diamond: Fidelity Advisors Face $25mm Complaint
Covington, Kentucky financial advisor Kelly Johnston (CRD# 5001042) and Fort Lauderdale, Florida advisor Rick Diamond (CRD# 1602991) recently received an investor complaint alleging eight-figure damages. Financial Industry Regulatory Authority records show that each is a broker and an investment advisor with Fidelity Brokerage Services and Fidelity Personal and Workplace Advisors, respectively.
Chris Kirkland & Kevin Kelly: Legacy Advisors Face 6-Figure Complaints
Recent investor complaints against Atlanta financial advisors Chris Kirkland (CRD# 5602044) and Kevin Kelly (CRD# 2293119) allege that they recommended unsuitable investments, resulting in six-figure damages. Financial Industry Regulatory Authority records show that each is registered as a broker and an investment advisor with Avantax, doing business as Legacy Capital Advisors.
Andrew Maynerich: FINRA Suspends Ex-LPL Advisor
Virden, Illinois financial advisor Andrew Maynerich (CRD# 5912401) was recently sanctioned in connection with allegations he improperly signed documents on behalf of customers. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former LPL Financial broker, who did business as Maynerich Financial, is registered as an investment advisor with ICA… Read More »
CoinFund Liquid Opportunities LP Losses: Investors May Have Options
In July 2023, US-based cryptocurrency investment firm and registered investment adviser CoinFund announced that it had closed its $158 million Seed IV Fund LP. According to a press release, the fund “was backed by a series of institutional investors, family offices, and high-net-worth individuals,” surpassing CoinFund’s initial goal of $125 million, and will reportedly… Read More »
Elba Nogueras: FINRA Suspends Ex-First Southern Advisor
Former Guaynabo, Puerto Rico financial advisor Elba Nogueras (CRD# 4459340) has been involved involved in multiple investor complaints involving Puerto Rico closed-end funds. Financial Industry Regulatory Authority records show that she was registered as a broker with First Southern representative, while an AdvisorHub report states that FINRA sanctioned her over alleged rule violations.
