Author: Michael Hill

The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving Charles Caleb Fackrell of LPL Financial for allegedly converting customer funds and selling private securities offerings.  Fackrell was terminated by LPL on December 24, 2014.

If you lost money with Charles Caleb Fackrell or LPL Financial please call the Securities Law Firm of Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

Author: Michael Hill

The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving Pangaea LLC, Arjent LLC, and Excalibur Asset Management related to fraud charges filed by the SEC.

CEO Robert P. DePalo, and Managing Director Joshua B. Gladtke are facing criminal charges through the New York County D.A. pursuant to fraud charges.

If you lost money with Arjent LLC, Pangaea, or Excalibur Asset Management please call the Securities Law Firm of Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

Author: Michael Hill

The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving Robert Frederick Blake “Blake” related to Tenant-in-Common or “TIC” investments. Blake also has seven customer disputes against him, and one currently pending.

Blake was previously registered with Dupont Walston Inc., Reynolds Securities, Merrill Lynch, Hanifen, Imhoff, Inc., First Allied Securities, American Fronteer Financial, Auerbach, Pollack & Riachardson Inc. and Presidential Brokerage Inc. He’s currently registered with Cambridge Investment Research since 2012.

If you lost money with Robert Frederick Blake, Dupont Walston Inc., Reynolds Securities, Merrill Lynch, Hanifen, Imhoff, Inc., First Allied Securities, American Fronteer Financial, Auerbach, Pollack & Riachardson Inc. or Presidential Brokerage Inc. please call the Securities Law Firm of Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

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 alleged that from 2009 through 2012 Feltl & Company failed to have supervisory procedures and failed to investigate non-traditional ETFs before its brokers recommended them to customers.  Feltl & Company has agreed to the sanctions of a censure, $225,000 fine and restitutions to customers.  Back in August 2014, Feltl & Company was censured and paid a $1 Million fine when FINRA alleged that Feltl & Company had multiple failures by the firm from 2008 and 2012 concerning the supervision of penny-stock transactions and annual testing and verification of supervisory procedures.

If you lost money with Feltl & Company, please call the Securities Law Firm of Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

Author: LPclient

Securities Law Firm of Menzer & Hill, P.A. is investigating cases involving Wells Fargo Advisors’ broker, Jeffrey C. McClure, who was permanently barred from the securities industry after he allegedly stole $89,000 from an elderly client who had authorized him to pay her rent and other expenses, accordingly to FINRA records.  McClure allegedly engaged in the theft and fraud from 2012 to 2014.  McClure was with Wells Fargo Advisors since 1997 and was terminated October.  McClure settled FINRA’s disciplinary matter by neither admitting nor denying the charges but by accepting the sanction of a permanent bar.

Did you have an account with McClure and Wells Fargo Advisors and lost money to him or to bad investments?  If so or if you had losses with another broker, please contact Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

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 nature and substantial risk of loss.

If you have invested in non-traded REITs or other real estate investments sold through a brokerage firm and suffered losses please contact Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

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”) where he was fined $5,000 and suspended for six months.  See FINRA Case #2013035773501.  The findings stated that he willfully failed to timely amend his Form U4 to disclose tax liens and civil judgments totaling $640,720. The findings stated that Brainard disclosed the liens and judgments only when a member firm discovered them in the course of hiring him.

Pursuant to FINRA Rules, brokers are required to disclose liens and judgments against them on their public record and Form U4.  If you are or were a client of Brainard and suffered losses please contact Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

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 Case #2011028635701.  The findings stated that Bucaro sold equity-indexed annuities that were not on his firm’s approved product list and received approximately $203,000 in compensation for selling those annuities.  The findings also stated that Bucaro failed to inform his firm of the outside business activity.

Pursuant to FINRA Rules, brokers are required to disclose all outside business activities and only sell investment products that are approved by the broker-dealer.  If you are or were a client of Bucaro and suffered losses please contact Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.

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 to discuss any other investment losses, please contact the Securities Law Firm of Menzer & Hill, P.A., at 888-923-9223, or visit us on the web at www.suemyadvisor.com.

 

Author: LPclient

FINRA will be watching sales of private placements by broker-dealers more carefully, all in the pursuit of customer protection.

http://bit.ly/QBGM2G

 

For a free case evaluation or to discuss any other investment losses, please contact the Securities Law Firm of Menzer & Hill, P.A., at 888-923-9223, or visit us on the web at www.suemyadvisor.com.