Former Cobleskill, New York financial advisor Meredith Webber (CRD# 2435263) was recently named in a pending enforcement action. Financial Industry...
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Daniel Evans: $10 Million Complaint Against Seattle Advisor
Wells Fargo financial advisor Daniel Evans (CRD# 1573625) recently received an investor complaint alleging eight-figure damages. Financial Industry Regulatory Authority records indicate that he is a broker and an investment advisor based in Seattle, Washington. According to his firm’s website, he is a member of Evans Cahill Private Wealth Group.
Energy 11 and Energy Resources 12: Complaints, Investigations
Numerous investors have filed complaints against David Lerner & Associates alleging that the broker-dealer firm and its representatives unsuitably recommended investments in Energy 11 and Energy Resources 12, the firm’s proprietary non-public oil and gas limited partnership funds. If your Energy 11 or Energy Resources 12 investment suffered losses, you may have recovery options.
Can Northstar Healthcare Income REIT Investors Recover Their Losses?
Financial advisors and broker-dealer firms who unsuitably recommended investments in Northstar Healthcare Income Real Estate Investment Trust (REIT) may be liable for damages. The public non-traded REIT has undergone multiple developments in recent years, including the suspension of distributions, the decline of its net asset value (NAV), and the limiting of its share repurchase… Read More »
Moody National REIT II Suffers Losses over Pandemic
Moody National REIT II, a non-traded real estate investment trust, has undergone financial difficulties over the course of the Covid-19 pandemic, according to public filings and news reports. Investors who were unsuitably advised to recommend in Moody National REIT may be able to recover losses by filing a FINRA arbitration claim.
LaTour Asset Management: L Bond Complaints Against Springfield Firm
Recent investor complaints allege that Springfield, Missouri-based broker-dealer firm LaTour Asset Management recommended and sold unsuitable investments, including GWG L bonds. The firm and its founder Joe LaTour have specifically received complaints seeking damages as high as $500,000. LaTour Asset Management and LaTour Advisory Services offer securities through Center Street Securities. What Is LaTour… Read More »
Manalapan Advisor Michael Volini: Negligence Complaint
American Portfolios Financial Services advisor Michael Volini (CRD# 5693453) recently received an investor complaint alleging fraud and other forms of misconduct. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in Manalapan, New Jersey, and that he is also known as Michael Mertzel.
New Complaint Against RockBridge Wealth’s Damian Bell
A recent investor complaint against Daphne, Alabama financial advisor Damian Bell (CRD# 2348521) alleges he made unsuitable investment recommendations that resulted in six-figure losses. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with International Assets Advisory, doing business as RockBridge Wealth Management. Mr. Bell’s BrokerCheck report discloses… Read More »
Former GFIS Advisor Andrew Costa Receives Complaint
Fort Lauderdale financial advisor Andrew Costa (CRD# 4847063) has received multiple investor complaints alleging his investment recommendations resulted in losses. Financial Industry Regulatory Authority records show that he is a broker with Madison Avenue Securities, formerly registered with Global Financial Investment Services.
Silver Stone’s Robert Russamano: Suitability Complaint
Manchester, New Hampshire financial advisor Robert Russamano (CRD# 4094176) recently received an investor complaint alleging he engaged in misconduct. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Wells Fargo Advisors Financial Network, and a representative of Silver Stone Investment Management.
GK Investment Holdings Risks Bankruptcy, Seeks 7% Bond Exchange
GK Investment Holdings recently sent a letter to certain of its investors informing them that if 90% of those holding its 7% bonds do not exchange them for new bonds by the end of September, the company would default on its old bonds and “could be forced into bankruptcy.” Citing the Covid-19 pandemic’s adverse… Read More »
