Securities Lawyers Blog
The law offices of Gana Weinstein LLP are currently investigating claims that advisor Eric Dupre (Dupre) has been accused by investors of engaging in fraudulent misappropriation of their funds. Higgins was terminated by his employer for engaging in undisclosed investment activities including undisclosed outside business activities (OBAs). According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Dupre was employed by Ameriprise Financial Services, LLC (Ameriprise) at the time of the activity. If you have been a victim of Dupre’s alleged misconduct our firm may be able to assist you in recovering funds.
In December 2023 Ameriprise terminated Dupre for cause alleging that the firm terminated Dupre due to violation of company policy related to borrowing from clients.
On May 23, 2024 a customer filed a complaint alleging that former advisor Dupre recommend that they invest in a “cryptocurrency opportunity”. However, it appears that Dupre did not invest the Claimants’ funds, but instead misappropriated the funds. Claimants allege that Dupre stole more than $2.6 million dollars from them. The dispute is currently pending.