Investment Recovery Options for Investors Who Lost Money with Feltl & Company

Author: Michael Hill

The Securities Law Firm of Menzer & Hill, P.A. is investigating investor arbitration claims against Feltl & Company.  On December 1, 2014, Feltl & Company entered into a Letter of Acceptance, Waiver, and Consent with the Financial Industry Regulatory Authority (FINRA) after FINRA made allegations against Feltl & Company for violations of securities industry rules.  FINRA… Read more »

Non-Traded REITs – Carefully Review Before Investing

Author: Michael Hill

FINRA has an investor alert on non-traded REITs, which investors should review prior to considering any investment into these products.  Non-traded REITs are publicly registered non-exchange traded real estate investment trust (REIT).  Our investigations have shown that some brokers and financial advisors fail to disclose the risks associated with these securities, to include their illiquid… Read more »

Broker, Peter Brainard Jr. suspended from FINRA for failing to disclose over $600,000 of tax liens and judgments

Author: LPclient

Menzer & Hill, P.A. is investigating claims involving Peter Bulkeley Brainard Jr. (CRD #2890845, Old Saybrook, Connecticut), a former broker with Ameriprise Financial Services.  Prior to working for Ameriprise, Brainard worked for American Portfolio Services and prior to that he was with Lincoln Financial Advisors.  Brainard recently entered into a Letter of Acceptance, Waiver, and Consent (“AWC”)… Read more »

Menzer & Hill, P.A. Investigating Claims Involving Phillip Bucaro (Chicago, Illinois)

Author: LPclient

Menzer & Hill, P.A. is investigating claims involving Phillip John Bucaro (CRD #2171289, West Chicago, Illinois), an associated person with The Leaders Group.  Bucaro recently entered into a Letter of Acceptance, Waiver, and Consent (“AWC”) where he was fined $7,500 and suspended from association with any FINRA member in any capacity for four months.  See FINRA… Read more »

FINRA Fines Morgan Stanley Smith Barney LLC $5,000,000 for Supervisory Failures Related to Sales of Shares in 83 Initial Public Offerings to Retail Customers

Author: LPclient

Morgan Stanley settled with FINRA and neither admitted nor denied the charges, but consented to the entry of FINRA’s findings that Morgan Stanley had supervisory failures concerning the solicitations of 83 Initial Public Offerings (IPOs) of stock, including Facebook and Yelp, from February 16, 2012, to May 1, 2013. http://www.finra.org/Newsroom/NewsReleases/2014/P498150 For a free case evaluation or… Read more »

Securities Arbitration Award – Options Trading

Author: LPclient

In a recent FINRA Securities Arbitration case, against Black Diamond Securities, et al, Arbitration Panel awards the customers more than $3 Million in damages, including attorney fees, costs and interest for breach of fiduciary duty, unjust enrichment, and misrepresentation involving options trades in customer accounts. For a free case evaluation or to discuss any other… Read more »

Customer Arbitration Award – Unsuitable Investment

Author: LPclient

Gruberman v. LaSalle Street, FINRA ID #12-02021 (Chicago, IL, 1/30/2014) – In this explained Award, a customer couple win $135,000 against a broker-dealer for failing to advise them of unfavorable information on a tenancy in common it recommended. For a free case evaluation or to discuss any other investment losses, please contact the Securities Law… Read more »

Customer Arbitration Award – Promissory Note Partnership Investment

Author: LPclient

Carson v. VSR Financial, FINRA ID #11-02400 (Minneapolis, MN, 12/23/2013) – A customer complaining that he received a fractional share of a promissory note when he expected a partnership interest may be equally surprised, but certainly happier, when he recovers $40,000 more in compensatory damages than he requested. For a free case evaluation or to… Read more »

The Securities Law Firm of Menzer & Hill, P.A. Files an Arbitration Claim Against NEXT Financial Group.

Author: Michael Hill

The Securities Law Firm of Menzer & Hill, P.A., www.suemyadvisor.com, announced today it filed an arbitration claim against NEXT Financial Group (“NEXT”), for its failure to supervise one of its financial advisors who engaged in unauthorized and excessive trading within an investor’s account. Consistent with the arbitration claim this Firm just filed, the Financial Industry… Read more »