Matthew Stern Buchsbaum of New York New York and Stamford Connecticut a stockbroker currently registered with UBS Financial Services is referenced in a customer initiated investment related arbitration claim in which the customer sought $600,000.00 in damages based upon accusations that (1) unsuitable recommendations had been made by Buchsbaum concerning the purchase and retention of […]
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Archive | Options
Wells Fargo Stockbroker Barred For Hindering Investigation
October 18, 2019 | Posted by : Nicholas J. Guiliano | Options, Stockbroker Fraud News, Unauthorized Trading | 0 Comments
Stephen John Klinger (also known as Steve Klinger) of Asheville North Carolina a stockbroker formerly registered with Wells Fargo Clearing Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Klinger failed to cooperate with FINRA personnel during its investigation into Klingler’s options […]
Read More »UBS Sued By Investors For Defective Options Strategy
October 14, 2019 | Posted by : Nicholas J. Guiliano | FINRA Securities Arbitration, Options, Stockbroker Fraud News, Suitability | 0 Comments
Investors Sue Oppenheimer For Securities Fraud
August 28, 2019 | Posted by : Nicholas J. Guiliano | Breach of Fiduciary Duty, FINRA Securities Arbitration, Options, Stockbroker Fraud News, Suitability | 0 Comments
Michael Alexander Lackwood a stockbroker formerly registered with Oppenheimer Co. Inc. is referenced in a customer initiated investment related arbitration claim in which the customer sought as much as $500,000.00 in damages founded on allegations that between January 1, 2014 and June 30, 2018: (1) fiduciary duties had been breached (2) the customer’s account was […]
Read More »Investors Sue Oppenheimer For Options Losses
January 19, 2019 | Posted by : Nicholas J. Guiliano | FINRA Securities Arbitration, Options, Stockbroker Fraud News | 0 Comments
Kenneth A. Rubin of Danbury Connecticut a stockbroker formerly registered with Oppenheimer Co. Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $12,500.00 in damages founded on accusations that Rubin made unsuitable options recommendations to the customer. FINRA Arbitration No. 16-03278 (Apr. 19, 2017). Financial Industry Regulatory Authority (FINRA) […]
Read More »Investors Sue Morgan Stanley For Unsuitable Options Trading
January 06, 2019 | Posted by : Nicholas J. Guiliano | Options, Stockbroker Fraud News, Suitability | 0 Comments
Izhar Shefer of Aventura Florida a stockbroker formerly employed by Morgan Stanley is referenced in a customer initiated investment related arbitration claim in which the customer sought $700,000.00 in damages founded on accusations that Shefer engaged in unsuitable trading of options and equities in the customer’s managed account between 2011 and 2017. Financial Industry Regulatory […]
Read More »Morgan Stanley Sued By Investors For Shoddy Investments
October 22, 2018 | Posted by : Nicholas J. Guiliano | FINRA Securities Arbitration, Options, Stockbroker Fraud News | 0 Comments
Shawn David Olson of Scottsdale Arizona a stockbroker currently employed by Morgan Stanley is referenced in a customer initiated investment related arbitration claim where the customer sought $5,000,000.00 in damages founded on accusations that Olson executed options transactions in the customer’s account that were not suitable for the customer. Financial Industry Regulatory Authority (FINRA) Arbitration […]
Read More »Investor Accuses Stifel Nicolaus Of Fraud
Kevin Patrick McKenna of Wausau Wisconsin a stockbroker formerly registered with Stifel Nicolaus is the subject of a customer initiated investment related complaint that settled for $13,466.26 in damages supported by accusations that McKenna misrepresented over-the-counter equities as conservative investments that provided a layer of protection to the customer through a put option. FINRA Public […]
Read More »Customer Sues Ameriprise For Account Mismanagement
James Richard Tuberosa of Sun City Center Florida a stockbroker employed by Ameriprise Financial Services Inc. is referenced in a customer initiated investment related arbitration claim in which the customer sought $700,000.00 in damages based upon allegations that the customer’s assets had been mishandled wherein options and equities transactions had been inappropriately traded. Financial Industry […]
Read More »Customer Sues Allegis For Unsuitable Options Trading
Charles Elmer Sorensen II of North Logan Utah a stockbroker currently registered with Allegis Investment Services LLC is the subject of a customer initiated investment related arbitration claim in which the customer sought $121,672.00 in damages supported by allegations that (1) trades were executed in the customer’s discretionary account that were not suitable for the […]
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