Texas Investor Sues Edward Jones For Up to $500K Over Master Limited Partnership Investment Loss
Our Seasoned Houston Oil and Gas MLP Attorneys Are Representing This Claimant
A Corpus Christi, Tx retiree is seeking up to $500K damages over losses she suffered in a Master Limited Partnership (MLP) that was allegedly unsuitably recommended to her by an Edward Jones broker.
Did You Suffer Investment Losses While Working With Former Edward Jones Broker John Winslow? Barred Financial Advisor Is Accused of Elder Financial Abuse
The Shepherd Smith Edwards and Kantas Elder Financial Abuse Law Firm (investorlawyers.com) is investigating claims of losses involving former customers of barred former Edward Jones stockbroker John Winslow. The ex-Washington State financial advisor is indicted on 14 criminal charges, including wire fraud, after he allegedly misappropriated more than $920K from an elderly widow.
The Department of Justice contends that the barred broker exploited his relationship with this client to commit an allegedly complex scam that redirected money from her accounts at the broker-dealer to him. Prosecutors say that Winslow promised her greater returns.
American Trust Investment Services Sold GWG L Bonds And Now Must Pay FINRA $266,000. Our L Bond Loss Recovery Lawyers Are Working With Investors To Pursue Their Losses
In a settlement reached with the Financial Industry Regulatory Authority (FINRA), broker-dealer American Trust Investment Services consented to pay $166K in restitution and a $100K fine to resolve allegations that three of its financial advisors violated Regulation Best Interest (REG BI) when they allegedly unsuitably recommended GWG L Bonds to investors.
GWG Holdings is accused of running a more than $1.6B Ponzi scam that cost thousands of L Bond investors serious losses.
More GWG Investors Sue Western International Securities For Up to $5M. Our L Bond Loss Recovery Attorneys Are Representing These Claimants in FINRA Arbitration
A number of investors have joined together to file an investment loss recovery claim against Western International Securities over losses they sustained in GWG L Bonds. The claimants are seeking up to $5M in damages. This is not the first multimillion-dollar case we have filed against this broker-dealer over GWG-related losses.
In this latest FINRA lawsuit, these investors had no experience in private placements, and they trusted Western International Securities to offer them suitable products and conduct the proper due diligence.
Did You Suffer Alternative Investment Losses While Working With Arete Broker Jason Lamb? Our Unsuitability Attorneys At Shepherd Smith Edwards and Kantas Want To Talk To You
Shepherd Smith Edwards and Kantas Unsuitability Attorneys (investorlawyers.com) is looking into claims of losses by customers of Arete Wealth Management financial Advisor Jason Price Lamb. According to his CRD, this Nashville, TN broker has already been involved in 10 customer disputes since 2024, in which the claimants collectively sought more than $1.3M in damages.
Eight of these investment loss recovery claims have resulted in settlements, while two others remain pending. Most of the cases may have been from when Lamb was still a Center Street Securities broker. Arete has since acquired that broker-dealer.
New York Unsuitability Lawyers are Representing NY Investors Against Broker-Dealers and Investment Advisers For More Than 30 Years
For over 30 years, Shepherd Smith Edwards and Kantas (investorlawyers.com) has been working hard to help New York investors recoup their portfolio losses caused by the inappropriate recommendations of their financial advisor.
Unsuitability is one of the most common reasons that investment loss recovery claims are filed. From our Buffalo, NY securities law offices, we have the skills, resources, and knowledge to take on even the most complex cases against the largest brokerage firms and investment advisers on Wall Street and throughout the United States.
Does Your Financial Advisor Know Exactly What He Or She Is Selling? How Due Diligence Failures and Negligence Can Lead To Investor Losses. Our Broker Misconduct Attorney Can Help!
Often, people will hire a financial advisor because they want expert help making investments, managing their portfolios, keeping their assets safe, saving for retirement, or growing their money.
Stockbrokers are professionals who buy and sell stocks and securities for retail investors, accredited investors, wealthy investors, and institutional investors. In return, they are paid a commission or a fee.
Did Your Oppenheimer Broker Sell You on Its Portfolio Enhancement Program? Broker-Dealer Encouraged Customers To Borrow On Margin
For more than a year, Shepherd Smith Edwards and Kantas Oppenheimer PEP Loss Attorneys (investorlawyers.com) have been investigating claims of losses by investors whose Oppenheimer broker sold them on the firm’s Portfolio Enhancement Program (PEP). There are growing concerns about misrepresentations, margin abuse, and financial advisor misconduct or negligence.
Oppenheimer PEP is now shuttered. However, this may have been a little too late for some investors, who are saying that they sustained serious losses.
Northstar (Bermuda) Investors Can Still Explore Their Legal Options. Our Annuity Fraud Lawyers Continue To File Claims Against Brokerage Firms
Shepherd Smith Edwards and Kantas Annuity Fraud Lawyers (investorlawyers.com) represents dozens of investors, mostly foreign nationals, in their FINRA lawsuits against the US broker-dealers that marketed and sold Northstar Financial Services (Bermuda) to them.
This offshore entity was owned by billionaire Greg Lindberg, who recently pleaded guilty to defrauding investors of $2B. But there were red flags indicating something was amiss even before then. Yet that did not stop many brokerage firms from promoting this risky, unprotected investment, including to those who wanted to take on low-to-no risk.
Moloney Securities Under Scrutiny By State Regulators. Our GWG Bond loss attorneys Are Representing Investors Against This Firm
Last month, Moloney Securities Co. reported in its report with the US Securities and Exchange Commission (SEC) that it is facing inquiries by different state regulators. This disclosure comes just six months after the regulator reached a $316K settlement with the broker-dealer for Regulation Best Interest violations related to the sale of GWG Holdings L Bonds. Three Moloney Securities brokers collectively paid $121K in disgorgement, interest, and penalties over this matter.
GWG is accused of selling more than $1.6B in high-risk supposed life settlement-backed bonds that have left thousands of investors, mostly retail investors and retirees, with serious losses. Meanwhile, dozens of brokerage firms earned hefty commissions from the transactions.
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