Failure to Execute

Archive | Failure to Execute

Investors Accuse Paulson Of Failure To Sell Penny Stocks

December 06, 2019  |   Posted by :   |   Failure to Execute, Penny Stock Fraud, Stockbroker Fraud News   |   0 Comments

Eugene Lee Webb (also known as Gene Webb) of Lake Oswego Oregon a stockbroker currently registered with Paulson Investment Company LLC is the subject of a customer initiated investment related written complaint which was settled for $47,597.23 on May 3, 2019 based upon accusations that the customer’s instructions of liquidating Biotricity penny stock positions had […]

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Investors Sue Laidlaw For Stockbroker Misconduct

August 28, 2019  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Stephen Carey Hamilton of New York New York a stockbroker currently employed by Laidlaw Company (UK) Ltd. is referenced in a customer initiated investment related arbitration claim where the customer sought $100,000.00 in damages founded on accusations that the customer’s instructions had been disregarded by Hamilton as it related to common or preferred stock and […]

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Aegis Capital Sued By Investors For Failure To Execute

Robert Anthony Guidicipietro (also known as Robert A. Peters) of Holmdel New Jersey a stockbroker formerly registered with Aegis Capital Corp. is referenced in a customer initiated investment related written complaint which was resolved for $36,272.00 on September 6, 2018 founded on allegations that the customer’s stop loss order had been disregarded by Guidicipietro during […]

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Raymond James Financial Services Sued By Investors For Fraud

Jeffrey Worth Ostrander (also known as JW Ostrander) of Overland Park Kansas a stockbroker currently employed by Raymond James Financial Services Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought $140,000.00 in damages supported by accusations that: (1) the firm and Ostrander violated FINRA rules in dealing with the […]

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J.P. Morgan Pays Investor For Stockbroker Misconduct

William Howard Desser of Los Angeles California a stockbroker currently registered with J.P. Morgan Securities LLC is referenced in a customer initiated investment related arbitration claim which was resolved for $1,300,000.00 in damages founded on accusations that (1) Desser effected unauthorized transfers of funds from the customer’s account (2) Desser utilized the customer’s assets impermissibly […]

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Investors Accuse Wells Fargo Of Misconduct

February 19, 2019  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Kerry John Mangano of Irvine California a stockbroker formerly registered with Wells Fargo Clearing Services LLC is referenced in a customer initiated investment related written complaint on July 8, 2016 where the customer sought damages estimated to exceed $5,000.00 founded on allegations that Mangano failed to execute the customer’s over-the-counter equities trades according to the […]

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David Lerner Associates Accused Of Unauthorized Trading

Martin Kevin Walcoe of Syosset New York a stockbroker currently employed by David Lerner Associates Inc. is referenced in a customer initiated investment related written complaint on August 9, 2016 where the customer requested unspecified compensatory damages founded on accusations that unauthorized trades of equities and government-debt products had been executed in the customer’s account. […]

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Merrill Lynch Sued For $1.9 Million For Failure to Follow Instructions

December 21, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Lance Allen Lohr of Cincinnati Ohio a stockbroker currently employed by Merrill Lynch Pierce Fenner Smith Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $1,910,188.00 in damages supported by accusations of the failure to follow the customer’s instructions from December 2016 in regard to common and preferred stock […]

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Citizens Securities Accused Of Failure To Execute

Zachary Stephen Reinhart of Bethel Park Pennsylvania a stockbroker formerly employed by Citizens Securities Inc. is referenced in a customer initiated investment related written complaint on September 15, 2017 in which the customer requested damages estimated to exceed $5,000.00 supported by accusations that the customer’s assets were not invested in an individual retirement account in […]

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UBS Aycock Fails To Get Off Warrants

November 23, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

David Eliot Aycock of Leawood Kansas a stockbroker currently employed by UBS Financial Services Inc. is the subject of a customer initiated investment related written complaint which settled for $18,477.06 in damages on May 30, 2017 founded on accusations that Aycock failed to effected the sale of the customer’s warrants. Financial Industry Regulatory Authority (FINRA) […]

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Principal Securities Sued For Breach Of Fiduciary Duty

Scott Alan Kimmel of Fort Worth Texas a stockbroker currently employed by Principal Securities Inc. is the subject of a customer initiated investment related arbitration claim where the customer alleged that Kimmel breached a fiduciary duty owed to the customer in reference to an employer stock options plan investment allocation. Financial Industry Regulatory Authority (FINRA) […]

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Park Avenue Securities Accused Of Failure To Execute

October 22, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Mark Anthony Badami of Woodbury New York a stockbroker formerly registered with Park Avenue Securities LLC is referenced in a customer initiated investment related written complaint that was resolved on July 29, 2016 for $25,000.00 in damages supported by allegations that Badami failed to execute the customer’s instructions of liquidating a managed account and transferring […]

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J.P. Morgan Sued For Failure To Execute

October 04, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Anthony Robert Anzalone Senior of New York New York a stockbroker currently employed by J.P. Morgan Securities LLC is the subject of a customer initiated investment related arbitration claim in which the customer requested $47,000.00 in damages founded on allegations that between February 18, 2017 and January 22, 2018 Anzalone disregarded the customer’s instructions regarding […]

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Investor Accuses Fidelity Of Failure To Follow Instructions

September 28, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Donald Anthony Canade of Huntington Station New York a stockbroker currently employed by Fidelity Brokerage Services LLC is the subject of a customer initiated investment related written complaint on July 2, 2018 in which the customer requested $79,506.00 in damages founded on allegations that Canade caused the customer to incur unwarranted tax consequences resulting from […]

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VSR Financial Sued By Investors For Failure To Execute

Daniel Charles Stewart of Shawnee Kansas a stockbroker formerly employed by VSR Financial Services Inc. is the subject of a customer initiated investment related arbitration claim that was resolved for $18,750.00 in damages supported by accusations that Stewart failed to timely execute the customer’s investment related instructions which caused the customer to incur losses. Financial […]

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Wells Fargo Accused Of Ignoring Customer Orders

September 12, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Christopher Curran of Houston Texas a stockbroker currently registered with Wells Fargo Clearing Services LLC is the subject of a customer initiated investment related written complaint that was resolved on October 27, 2017 for $13,031.48 founded on accusations that Curran failed to follow the customer’s instructions by purchasing an equity that was supposed to have […]

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MSI Financial Sued By Investor For Failure To Execute

August 25, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Ronald Clemente Davis of Raleigh North Carolina a stockbroker formerly registered with MSI Financial Services Inc. is referenced in a customer initiated investment related arbitration claim which was settled to resolve allegations that Davis did not appropriately execute the customer’s instructions of liquidating an advisory account and variable annuity. Financial Industry Regulatory Authority (FINRA) Arbitration […]

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LPL Financial Blamed By Customer For Realizing Profits

August 17, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Steven Nelson Schrader of Livonia Michigan a stockbroker currently registered with LPL Financial LLC is the subject of a customer initiated investment related written complaint on June 6, 2018 where the customer requested $28,857.00 in damages founded on allegations that the customer’s instructions of transferring stock were not followed causing the customer to incur additional […]

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Wells Fargo Accused By Customer Of Ignoring Instructions

June 25, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Daniel John Bezik of Mentor Ohio a stockbroker currently registered with Wells Fargo Advisors Financial Network LLC is the subject of a customer initiated investment related written complaint on January 5, 2018 where the customer requested damages estimated to exceed $5,000.00 founded on accusations that between December 15, 2016 and January 5, 2018, Bezik neglected […]

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Wells Fargo Accused Of Failure To Liquidate Securities

May 31, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

David Michael Logsdon of Hailey Idaho a stockbroker formerly registered with Wells Fargo Advisors is referenced in a customer initiated investment related complaint on March 22, 2018 where the customer sought more than $5,000.00 in estimated damages based upon accusations that Logsdon failed to liquidate the customer’s stock holdings from the customer’s wrap account. Financial […]

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LPL Accused Of Failing To Follow Customer Instructions

May 31, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Andre Kapulenui Kaluna of Avondale Arizona a stockbroker currently registered with LPL Financial LLC is referenced in a customer initiated investment related written complaint on February 1, 2018 in which the customer requested $36,451.00 in damages supported by allegations that between April of 2017 and December of 2017, the customer’s instructions were not followed regarding […]

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Customer Accuses Merrill Lynch Of Failure To Execute

May 29, 2018  |   Posted by :   |   Failure to Execute, Stockbroker Fraud News   |   0 Comments

Robert John Kostigen of Burlington Massachusetts a stockbroker currently employed by Merrill Lynch Pierce Fenner Smith Inc. is the subject of a customer initiated investment related written complaint on March 8, 2018 where the customer requested more than $5,000.00 in damages based upon allegations that the customer’s mutual fund investment instructions failed to be followed […]

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