Category: Uncategorized

As Energy Markets Swoon, Many MLP Investors Suffer Huge Losses

By Chad M. Kohler, Esq. March 26, 2020 Many income investors, particularly retirees, have been sold energy-related stocks in recent years based on the promise of attractive yields and steady income streams. Unfortunately, because of the recent tumult in the global energy market, many of these investors have also seen their portfolios decimated in only… read more

Ameritas Broker James Anderson Permanently Barred From Securities Industry

Suffer losses working with James F. Anderson? The Ameritas Broker has been terminated by his brokerage firm & barred by FINRA amidst allegations of selling unapproved investments

Proposed FINRA Rule Would Address Supervision of Brokers who Pose the Highest Risk to Investors

A newly proposed FINRA rule calls for added scrutiny of rogue brokers and brokerage firms, those with high numbers of misconduct disclosures on their records.

Merrill Lynch Broker Charles Kenahan Faces Allegations of Making Unsuitable Investments and Excessive Trading

The investment fraud lawyers at Meyer Wilson are looking into multiple allegations that Merrill Lynch Broker Charles Kenahan made unsuitable investment recommendations and excessive trades.

Attorney David Meyer to Speak at 2018 Ohio Securities Conference to Discuss Case Against Ohio Ponzi Schemer William Apostelos

Meyer Wilson founding attorney David Meyer will take part in a presentation discussing the Ponzi scheme run by William Apostelos as part of the 2018 Ohio Securities Conference on October 26 that will be held at the Westin Downtown Hotel in Columbus, OH.

UBS Broker John Carolyn is Slammed with Customer Complaints of Overconcentration in Oil and Gas Investments

John Carolyn, a broker with UBS Financial Services Inc., has been accused by several clients of overconcentrating their investments in oil and gas securities. According to his FINRA report, John Carolyn (CRD# 4485799) has been the subject of five customer complaints since June 2016 alleging that Carolyn recommended and sold an overconcentration in energy and… read more

Former Edward Jones Broker James Vincent Marino Accused of Theft from Client

Former Edward Jones financial advisor James Vincent Marino (CRD# 6192459) has been investigated by the Financial Industry Regulatory Authority (FINRA) for allegations that he accepted gifts from a client and used the client’s credit card for his own personal benefit. In a letter of Acceptance, Waiver, and Consent, FINRA stated that James Marino received the… read more

Meyer Wilson Investigating Claims Against Former Brokers Wendy Feldman and Peter Doyle

The securities fraud attorneys at Meyer Wilson are currently investigating claims against former brokers Wendy B. Feldman (CRD# 1946800) and Peter J. Doyle (CRD# 2370593). According to the Financial Industry Regulatory Authority (FINRA), a FINRA arbitration panel recently issued an award against Morgan Stanley and its now-former brokers Wendy B. Feldman (CRD# 1946800) and Peter… read more

Potential Hurricane Season Scams

With Hurricane Season coming up, concerns regarding natural disasters can weigh on anyone’s mind. There is something else you should worry about, though: scammers. During this time, some scammers may try to take advantage of this difficult situation. It is important to be aware of potential schemes that falsely promise investors large gains. After something… read more

NEWS: Citco Group Agrees to Pay $125 Million in Settlement

On August 13, the Citco Group, a Madoff feeder fund administrator, agreed to pay a $125 million settlement. The hedge fund administrator was accused of wrongfully leading investors to invest with Fairfield Greenwich Group. The group is believed to be one of the largest feeder funds for Bernie Madoff. Citco is comprised of independent company… read more