Tenants in Common

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Investor Sues Sigma For Failure To Supervise TIC Sales

Tomas Juhan Velken of Lafayette California a stockbroker currently employed by Sigma Financial Corporation is referenced in a customer initiated investment related arbitration claim which was resolved for $28,195.50 in damages supported by accusations that the customer was placed into tenant in common investments which had not been adequately investigated by Sigma Financial Corporation or […]

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Investors Sue SII Investments For Fraud In Connection With The Sale Of REITs

Jason Bradley Scarcella of Bartlesville Oklahoma a stockbroker formerly registered with SII Investments Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $35,000.00 in damages supported by accusations that Scarcella made false or misleading statements to the customer concerning the income and safety of real estate investment trust […]

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Pacific West Securities Named In Customer Securities Arbitration

May 18, 2017  |   Posted by :   |   Stockbroker Fraud News, Tenants in Common   |   0 Comments

William Madison Swayne II, of Seattle, Washington, a stockbroker formerly registered with Pacific West Securities, Inc., has been named in a customer initiated investment related arbitration claim, in which a customer was awarded $1,134,911.49 in damages on November 16, 2016, based upon allegations that Swayne made misrepresentations and omissions to the customer, and negligently handled […]

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Customer Files Arbitration Against Sigma Financial Corporation

Joral Townsend Schmalle, of Berkeley, California, a stockbroker currently registered with Sigma Financial Corporation, has been named in a customer initiated investment related arbitration claim on June 6, 2016, in which the customers requested $1,600,000.00 in damages based upon allegations that Sigma did not reasonably supervise Schmalle’s activities and inadequately performed due diligence on the […]

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Sigma Financial Corporation Named In FINRA Arbitration

February 14, 2017  |   Posted by :   |   FINRA Securities Arbitration, Tenants in Common   |   0 Comments

Tomas Juhan Velken, of Lafayette, California, a stockbroker currently registered with Sigma Financial Corporation, has been named in a customer initiated investment related arbitration claim on June 6, 2016, in which the customer requested $1,600,000.00 in damages based upon allegations that Velken failed to reasonably conduct diligence concerning tenant in common investments which the customer […]

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Royal Alliance Named In Customer Arbitration Alleging Misrepresentation

Roger Deal, of Columbus, Nebraska, a stockbroker formerly associated with Royal Alliance Associates, Inc., has been subject to a customer initiated investment related arbitration claim, in which multiple customers have collectively requested $3,200,000.00 in damages based upon allegations that Deal effected unsuitable investment recommendations, made misrepresentations, as well as failed to conduct due diligence in […]

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Customer Clams Mount Against Next Financial Group

Charles C. Kulch, of Nashua, New Hampshire, a stockbroker with Next Financial Group, recently disclosed that he settled a customer dispute for $120,000.00 on June 22, 2016, based upon allegations that Kulch mismanaged the customer’s securities account. FINRA BrokerCheck reveals that Kulch has been subject to seven other customer disputes. Particularly, on April 21, 2015, […]

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Concorde Investment Services Sued For Misrepresentation

October 11, 2016  |   Posted by :   |   Stockbroker Fraud, Stockbroker Fraud News, Tenants in Common   |   0 Comments

Frank T. Dunn Jr., of Bend, Oregon, a stockbroker with Concorde Investment Services, LLC, is the subject of a pending customer dispute in which the customer has requested $452,368.15 in damages based upon with allegations that Dunn breached his fiduciary duty, was negligence, and made  misrepresentations in connection with the recommendation and sale of a […]

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It Ain’t Over for Sterne Agee Broker Gary Glover

September 27, 2016  |   Posted by :   |   Stockbroker Fraud, Stockbroker Fraud News, Tenants in Common   |   0 Comments

Gary L. Glover, of John’s Creek, Georgia, a stockbroker with Sterne Agee Financial Services, Inc., is subject to a pending customer dispute from August 12, 2015, in which a customer has requested $800,000.00 in damages in connection with allegations against Glover of making unsuitable tenancy in common or TIC investment recommendations. Public Disclosure records reveal […]

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