Category: Excessive Trading
By: Courtney Werning, Esq. The Ohio Division of Securities revoked the securities license of former broker Sam Aziz of Dublin, Ohio for excessive trading in at least 12 customer accounts. According to his FINRA BrokerCheck report, Aziz was the subject of seven customer disputes, two terminations, and three regulatory actions before finally losing his license… read more
The Securities and Exchange Commission (SEC) announced that it charged four Transamerica entities $97.6 million for its misconduct in misleading retail investors with faulty investment models. The SEC found that the faulty models developed and used by AEGON USA Investment Management LLC, affiliated advisers Transamerica Financial Advisors Inc. and Transamerica Asset Management Inc., and affiliated… read more
Next Financial Group continues to make headlines for a wide range of potential fraud, including elder abuse, excessive trading, failure to supervise, and more. This independent broker-dealer claims to specialize in serving baby boomers and retirees, and over the past decade has been subject to a growing number of fines and legal actions based on… read more
If you have been a victim of broker misconduct, contact the investment fraud attorneys at Meyer Wilson for a free consultation today.
John Nelson Crook is a stockbroker with a history of customer complaints against him. He has been accused of misrepresentation, engaging in excessive and unauthorized trading, recommending unsuitable investments, breaching his fiduciary duties, and breaching contracts. John Crook has been a stockbroker since 1996 and is currently employed at Prospera Financial Services Inc. In the… read more