Securities arbitration is a method of resolving disputes between investors and their brokers or brokerage firms, which is governed by the Financial Industry Regulatory Authority (FINRA). FINRA is a self-regulatory organization that oversees the securities industry and provides a forum for resolving disputes between investors and their brokers or brokerage…
Articles Posted in Securities Fraud
Heath Goldstein Sold GWG Bonds and Investor Complaints
Advisor Heath Goldstein (Goldstein), currently employed by brokerage firm Western International Securities, Inc. (Western International) has been subject to at least 9 disclosures and customer complaints. According to a BrokerCheck report the customer complaints concern alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real…
Stifel, Nicolaus Advisor Steven Rodemer Barred From Industry Over Misappropriation of Funds
The law offices of Gana Weinstein LLP are currently investigating claims that advisor Steven Rodemer (Rodemer) has been accused by his former employer and a financial regulator of taking money from a client account for his personal use among other allegations. According to records kept by The Financial Industry Regulatory…
Advisor Lance Armstrong Terminated Over Client Loans – Investor Recovery
The law offices of Gana Weinstein LLP are currently investigating claims that advisor Lance Armstrong (Armstrong) was terminated by his firm and then barred from the securities industry over allegations that he engaged in multiple loans with customers among other allegations. According to BrokerCheck records, Armstrong was formerly registered with…
Advisor Jeffrey Dixson Has Customer Complaint Over Alternative Investments and GPB Capital
Advisor Jeffrey Dixson (Dixson), currently employed by Madison Avenue Securities, LLC (Madison Avenue) has been subject to at least seven customer complaints and one regulatory action during the course of his career. According to a BrokerCheck report the customer complaint concerns alternative investments such private placements and direct participation products…
Katherine Nishnic Has Investor Complaints Over Structured Note Products
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Katherine Nishnic (Nishnic), currently associated with Centaurus Financial, Inc. (Centaurus), has been subject to at least eight customer complaints during her career. The majority of the customer complaints against Nishnic concern allegations relating to unsuitable recommendations in…
Advisor Michael Carter Accused of Misappropriating Client Funds – Recovery Options
The law offices of Gana Weinstein LLP are currently investigating claims that advisor Michael Carter (Carter) was discharged by his employer after being accused of misappropriating client funds. According to BrokerCheck records, Carter is formerly registered with The Financial Industry Regulatory Authority (FINRA) member firm Morgan Stanley. In addition, Carter…
Advisor Kerry Hoffman Subject to SEC Securities Fraud Complaint Over GT Media Investment
The law offices of Gana Weinstein LLP are currently investigating claims that advisor Kerry Hoffman (Hoffman) engaged in undisclosed outside business activities (OBAs) and investment sales that were not approved by his brokerage firm. Hoffman, formerly registered with LPL Financial LLC (LPL Financial) and Union Capital Company (Union Capital) was…
Broker Nick Son Subject to Complaints Over Unauthorized Trading
The law offices of Gana Weinstein LLP are currently investigating claims against broker Nick Son (Son), currently associated with Aegis Capital Corp. (Aegis) out of New York, New York. According to a BrokerCheck report, Son has been subject to at least seven customer disputes during the course of his career. …
Nicolas Barrios Barred From Financial Industry Over Investment Fraud Allegations
The attorneys at Gana Weinstein LLP are currently investigating reports that advisor Nicolas Barrios (Barrios) engaged in undisclosed outside business activities (OBAs) that were not approved by his brokerage firm resulting in potential fraudulent investments. Barrios, formerly registered with UBS Financial Services Inc. (UBS) out of Winter Haven, Florida was…