Former Orlando, Florida financial advisor Sherwin Sargeant (CRD# 5096798) has been barred by FINRA in connection with allegations of undisclosed...
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Marc Minor: $75K Complaint Against Legacy Investment Advisor
Naples, Florida financial advisor Marc Minor (CRD# 2230271) allegedly made unauthorized trades, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Osaic Wealth, and that he is the president of Legacy Investment Services.
Rick Lopez: Arkadios, Ex-LPL Advisor Faces Suitability Complaint
A recent investor complaint against McAllen, Texas financial advisor Rick Lopez (CRD# 2209385) alleges that he recommended an unsuitable investment. Financial Industry Regulatory Authority records show that he is currently registered as a broker with Arkadios Capital and an investment advisor with Arkadios Wealth Advisors, having previously been registered with LPL Financial.
Rick LaSpaluto: Centaurus Advisor Denies Suitability Complaint
Las Vegas, Nevada financial advisor Rick LaSpaluto (CRD# 2541603) recently received an investor complaint alleging that his advice resulted in losses. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Centaurus Financial, doing business as LaSpaluto Financial Planners.
Grant Carodine: $600K Complaint Against Edward Jones Advisor
Huntsville, Alabama financial advisor Grant Carodine (CRD# 6691250) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is currently registered as a broker and an investment advisor with Edward Jones.
James Norris: Baird Advisor Lands 6-Figure Complaint
Ashland, Kentucky financial advisor James Norris (CRD# 1054381) recently received an investor complaint alleging that his conduct resulted in six-figure losses. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Robert W. Baird & Company.
Bruce Hartzmark: Oppenheimer Advisor Faces $500K Complaint
A recent investor complaint against Beachwood, Ohio financial advisor Bruce Hartzmark (CRD# 1106323) allegedly recommended a private placement that resulted in six-figure damages, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Oppenheimer & Company.
Cindy Ghattas: $1mm Complaint Against Creative Planning Advisor
Charlotte, North Carolina financial advisor Cindy Ghattas (CRD# 5342109) recently received an investor complaint alleging that her conduct resulted in seven-figure damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Waddell & Reed broker is currently registered as an investment advisor with Creative Planning.
Piers Cornelius, Hamid Derbani, Raphael Correa, Tim Hawkins: JP Morgan Advisors Face Complaint
San Francisco financial advisors Piers Cornelius (CRD# 4212172), Tim Hawkins (CRD# 5800637), Hamid Derbani (CRD# 6899972), and Raphael Correa (CRD# 7453023) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that each is currently registered as a broker and an investment advisor with JP Morgan Securities.
Lifetrade Investors Alleged Fraud by S&P, Wells Fargo
A group of investors launched a class action lawsuit against defendants including the Standard & Poor’s Global and Wells Fargo Bank, according to a 2017 Reuters report, alleging negligence and misconduct in connection with the “failed life-settlement fund” Lifetrade. As the report states, Lifetrade was a Curacao-based entity that suffered losses of “at least… Read More »
Prodigy Networks: Investors Allege Fraud by Crowdfunding Platform
The real estate crowdfunding platform Prodigy Network has reportedly filed for bankruptcy in 2021 amidst a flood of lawsuits from its investors. According to The Real Deal, Prodigy Networks and “10 affiliated companies” filed for Chapter 7 bankruptcy, with court filings describing “$102.4 million in assets and $6.4 million in liabilities.”
