Mar 4, 2022

Michael Packman of Axiom Capital Management, Inc

DID MICHAEL PACKMAN CAUSE YOU INVESTMENT LOSSES? Michael Packman formerly with Axiom Capital Management, Inc. Has 4 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Michael Packman formerly with Axiom Capital Management, Inc.? Michael Packman (CRD #2518120) who was formerly registered with Axiom Capital Management, Inc. and located in Westbury, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Axiom Capital Management, Inc., Michael Packman was associated with Financial West Group and 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Axiom Capital Management, Inc. Broker Misconduct In his career, Michael Packman has been the subject of 4 customer complaints that we know about, all 4 of those complaints were filed in the last year to recover investment losses. All of Michael Packman’s 4 customer complaints were settled by his former employer Axiom Capital Management, Inc. in favor of investors.   Allegations Against Michael Packman A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Customer alleged that the financial advisor made an unsuitable recommendation, in a private placement/alternative investment. Craft customer alleged that financial advisor recommended an unsuitable investment strategy involving private placements and alternative investments. Michael Packman Red Flags & Your Rights As An Investor Of course, Michael Packman did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Michael Packman at Axiom Capital Management, Inc. and Financial West Group on alert to review carefully the activity and performance of their accounts and question whether Michael Packman as engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Axiom Capital Management, Inc. and Financial West Group also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Axiom Capital Management, Inc. If you have questions about Axiom Capital Management, Inc., Financial West Group and/or Michael Packman and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Michael Paesano of Morgan Stanley

DID MICHAEL FRANK PAESANO CAUSE YOU INVESTMENT LOSSES? Michael Frank Paesano formerly with Morgan Stanley Has 24 Customer Complaints For Alleged Broker Misconduct Who is Michael F. Paesano Formerly with Morgan Stanley? Michael Paesano (CRD #1557229) who was formerly registered with Morgan Stanley and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Michael Paesano was associated with 11 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Morgan Stanley Broker Misconduct In his career, Michael Paesanohas been the subject of 24 customer complaints that we know about to recover investment losses. Fifteen of Michael Paesano’s 24 customer complaints were settled in favor of investors. Five customer complaints were denied by his former employer and to date the customers have not taking any further action. There are currently 4 pending customer complaints filed against Michael Paesano’s former employer Morgan Stanley for investment losses caused by his alleged misconduct. Allegations Against Michael Paesano A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Client alleges excessive trading, mismanagement of the account for terms of a written agreement, and alleges failure to notify him of changes in the trading strategy was tantamount to fraud. Claimants alleged being defrauded through outside business investments. Claimants alleged excessive trading with respect to transactions in the account. Client alleges excessive trading and selling away. Client alleges unsuitability respect to closed-end fund and structured product investments. Claimant alleges securities fraud, common law fraud, misrepresentation, breach of fiduciary duty, breach of contract, and failure to disclose material conflicts of interest, negligence, failure to supervise relating to principal protected note. Michael Paesano Red Flags & Your Rights As An Investor Of course, Michael Paesano did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Michael Paesano at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Michael Paesano has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Morgan Stanley If you have questions about Morgan Stanley and/or Michael Paesano and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Kevin Rainwater of ACG Wealth Inc.

DID KEVIN LAMAR RAINWATER CAUSE YOU INVESTMENT LOSSES? Kevin Lamar Rainwater with ACG Wealth Inc. and Arkadios Capital Has 4 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Kevin L. Rainwater with ACG Wealth Inc. and Arkadios Capital? Kevin Rainwater (CRD #3098443) who is currently registered with ACG Wealth Inc. and Arkadios Capital and located in Atlanta, Georgia is a subject of one of our many securities industry sales practice abuse investigations. Prior to ACG Wealth Inc. and Arkadios Capital, Kevin Rainwater was associated with 3 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. ACG Wealth Inc. and Arkadios Capital Broker Misconduct In his career, Kevin Rainwater has been the subject of 4 customer complaints that we know about, all of those complaints were filed in the last two years to recover investment losses. One of Kevin Rainwater’s 4 customer complaints settled was settled by Arkadios Capital in favor of investors. There are currently 3 pending customer complaints filed against Kevin Rainwater’s current employers ACG Wealth Inc. and Arkadios Capital for investment losses caused by his alleged misconduct. Allegations Against Kevin Rainwater A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimant alleged unsuitable investment product recommendations, coupled with misrepresentation about the investment. Claimant alleged unsuitable private placement investment recommendations and unauthorized trading. Kevin Rainwater Red Flags & Your Rights As An Investor Of course, Kevin Rainwater did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Kevin Rainwater at ACG Wealth Inc. and Arkadios Capital on alert to review carefully the activity and performance of their accounts and question whether Kevin Rainwater has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at ACG Wealth Inc. and Arkadios Capital also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At ACG Wealth Inc. And Arkadios Capital If you have questions about ACG Wealth Inc. and Arkadios Capital and/or Kevin Rainwater and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Angelo Talebi of Independent Financial Group, LLC

DID ANGELO TALEBI CAUSE YOU INVESTMENT LOSSES? Angelo Talebi formerly with Independent Financial Group, LLC Has 36 Customer Complaints for Alleged Broker Misconduct Who is Angelo Talebi formerly with Independent Financial Group, LLC? Angelo Talebi (CRD #2243829) who was formerly registered with Independent Financial Group, LLC and located in Sherman Oaks, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Independent Financial Group, LLC, Angelo Talebi was associated with Royal Alliance Associates, Inc. and three other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. In December 2015, Angelo Talebi consented, without admitting or denying the allegations, to a 60-day suspension and $10,000 fine imposed by FINRA for allegedly exercising discretion without advising employer and trading a customer’s account online and another brokerage firm. Independent Financial Group, LLC Broker Misconduct In his career, Angelo Talebi has been the subject of 36 customer complaints that we know about to recover investment losses. Twenty-two of Angelo Talebi’s 36 customer complaints were settled in favor of investors. Thirteen complaints were denied by Angelo Talebi’s former employer’s in the customers took no action to date. There are currently 2 pending customer complaints filed against Angelo Talebi’s former employer Independent Financial Group, LLC for investment losses caused by his alleged misconduct. Allegations Against Angelo Talebi A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The claimant alleges her assets were invested in complex, risky, and costly investments that were not in line with her stated objectives, including, Real Estate Investment Trusts (“REITs”) and Business Development Companies (“BDCs”). The claimant alleges an appropriate variable annuity, BDC and REIT investments or recommended and misrepresented. The client alleges misrepresentation in connection with the purchase of an annuity and other alternative investments and that the investments were not suitable. Customers allege misrepresentation in connection with unsuitable recommendations to invest in variable annuities and REITs. Suitability, misrepresentation, negligence, violation of FINRA Rules, and breach of contract. Customer’s alleged misrepresentation and unsuitability in connection with the purchase of a limited partnership fund. The claimant alleges misrepresentation and unsuitability in connection with an investment in LEAF IV, a REIT, and a variable annuity. Misrepresentation, unsuitability in connection with an investment in a limited partnership, REIT, and variable annuity.  Additionally, the claimant alleged excessive trading and unsuitable use of margin. The claimant alleges unsuitability, and failure to disclose risks associated with limited partnership investments. Claimants allege mismanagement of securities accounts, including excessive trading, use of margin, over-concentration, and unsuitable investment recommendations. Angelo Talebi Red Flags & Your Rights as An Investor Of course, Angelo Talebi did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Angelo Talebi at Independent Financial Group, LLC on alert to review carefully the activity and performance of their accounts and question whether Angelo Talebi has engaged in any stockbroker misconduct that may have caused them investment losses. A large number of customer complaints at Independent Financial Group, LLC also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Independent Financial Group, LLC If you have questions about Independent Financial Group, LLC and/or Angelo Talebiand the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Kevin Wilson of Worden Capital Management LLC

DID KEVIN RICHARD WILSON CAUSE YOU INVESTMENT LOSSES? Kevin Richard Wilson with Worden Capital Management LLC Has 9 Customer Complaints For Alleged Broker Misconduct Who is Kevin R. Wilson with Worden Capital Management LLC? Kevin Wilson (CRD #3262701) who is currently registered with Worden Capital Management LLC and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Worden Capital Management LLC, Kevin Wilson was associated with National Securities Corporation and Laidlaw & Company (UK) Ltd. and 6 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Worden Capital Management LLC Broker Misconduct In his career, Kevin Wilson has been the subject of 9 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. Three of Kevin Wilson’s 9 customer complaints were settled in favor of investors. Of the complaints, One was denied by his employer and to date the customer has not taken any further action. There are currently 5 pending customer complaints filed against Kevin Wilson’s current employer Worden Capital Management LLC for investment losses caused by his alleged misconduct. Allegations Against Kevin Wilson A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimant alleges unsuitability with respect to certain private placement investment. The client alleges unsuitable recommendations stocks in private placements. Client alleges unsuitability and overconcentration of private placement, investment. Client alleges unauthorized trading. Kevin Wilson Red Flags & Your Rights As An Investor Of course, Kevin Wilson did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Kevin Wilson at Worden Capital Management LLC, National Securities Corporation and Laidlaw & Company (UK) Ltd. on alert to review carefully the activity and performance of their accounts and question whether Kevin Wilson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Laidlaw & Company (UK) Ltd. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Worden Capital Management LLC, National Securities Corporation, Laidlaw & Company (UK) Ltd. If you have questions about Worden Capital Management LLC, National Securities Corporation, Laidlaw & Company (UK) Ltd. and/or Kevin Wilson and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

John Tarpinian of Paulson Investment Company, LLC

DID JOHN ALEXANDER TARPINIAN CAUSE YOU INVESTMENT LOSSES? John Alexander Tarpinian formerly with Paulson Investment Company, LLC Has 13 Customer Complaints for Alleged Broker Misconduct Who is John A. Tarpinian formerly with Paulson Investment Company, LLC? John Tarpinian (CRD #1013555) who was formerly registered with Paulson Investment Company, LLC and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Paulson Investment Company, LLC, John Tarpinian was associated with Newport Coast Securities, Inc. and 9 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. In January 2018, John Tarpinian, settled an investigation of the United States Securities and Exchange Commission, without admitting or denying the allegations, that he engaged in undisclosed principal trades with advisory clients while he was associated with Newport Coast Securities, Inc. He was ordered to cease-and-desist those activities, pay $50,000, and disgorgement in a civil monetary penalty of $25,000.  Paulson Investment Company LLC Broker Misconduct In his career, John Tarpinian has been the subject of 13 customer complaints that we know about recover investment losses. Eleven of John Tarpinian’s 13 customer complaints were settled in favor of investors. There is currently one customer complaint pending against John Tarpinian’s former employer Paulson Investment Company, LLC for investment losses caused by his alleged misconduct in connection with the purchase of structured notes. Allegations Against John Tarpinian A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants allege unsuitability, common law fraud, breach of contract, negligent supervision, and breach of fiduciary duty. Claimants allege unsuitability related to bond transactions. Claimants allege unsuitability related to interest rate structured products. The client alleges mismanagement and unauthorized trading in his IRA account. Account related negligence, breach of fiduciary duty, misrepresentation, and breach of contract. The claimant alleges damages due to negligence, breach of fiduciary duty, conversion, fraud, and misrepresentation, breach of contract, and violations of industry standards and rules. Claims allege that representatives engage in unauthorized transactions and churned their accounts.  Further, certain documents did not contain authorized signatures. Claims allege that John Tarpinian made unsuitable recommendations to purchase structured notes. John Tarpinian Red Flags & Your Rights as An Investor Of course, John Tarpinian did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of John Tarpinian at Paulson Investment Company, LLC and Newport Coast Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether John Tarpinian has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Paulson Investment Company, LLC and Newport Coast Securities, Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Paulson Investment Company, LLC If you have questions about Paulson Investment Company LLC, Newport Coast Securities, Inc. and/or John Tarpinianand the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Derrick Trussell of PFS Investments, Inc

DID DERRICK R. TRUSSELL CAUSE YOU INVESTMENT LOSSES? Derrick R. Trussell formerly with PFS Investments, Inc. Has 4 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years Who is Derrick R. Trussell formerly with PFS Investments, Inc? Derrick Trussell (CRD #5197550) who was formerly registered with PFS Investments, Inc. and located in San Antonio, Texas is a subject of one of our many securities industry sales practice abuse investigations. Prior to PFS Investments, Inc., Derrick Trussell was associated with one other investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems. In May 2017, Derrick Trussell was terminated by PFS investments, Inc. after the firm received an allegation that the representative engaged in an unapproved outside business activity and/or an undisclosed private securities transactions in which a client’s funds were used to purchase securities not offered by the firm without the client’s knowledge or consent In December 2018, Derrick Trussell allegedly failed to respond to a FINRA request for information and was suspended. Thereafter, he was automatically barred from Association with any FINRA member, in any capacity.  He is no longer working in the securities industry. In May 2019, Derrick Trussell was charged with 13 counts of securities fraud, 2 counts of money laundering, and 7 counts of securing execution of documents by deception. The charges are pending in Texas state court. PFS Investments, Inc. Broker Misconduct In his career, Derrick Trussell has been the subject of 4 customer complaints that we know about, all of those complaints were filed in the last two years to recover investment losses. All of Derrick Trussell’s 4 customer complaints were settled by PFS Investments, Inc. in favor of investors. Allegations Against Derrick Trussell A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The customer alleges that Derrick Trussell misrepresented investments not sold by Primerica. The customer alleges that the representative misrepresented that she was investing money with Primerica. The customer alleges that Derrick Trussell made an unauthorized trade. Derrick Trussell Red Flags & Your Rights as An Investor Of course, Derrick Trussell did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags that should put all current and former customers of Derrick Trussell at PFS Investments, Inc. on alert to review carefully the activity and performance of their accounts and question whether Derrick Trussell has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at PFS Investments Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At PFS Investments, Inc. If you have questions about PFS Investments Inc. and/or Derrick Trusselland the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Ronald Birnbaum of Advisory Group Equity Services Ltd.

DID RONALD DAVID BIRNBAUM CAUSE YOU INVESTMENT LOSSES? Ronald David Birnbaum with Advisory Group Equity Services Ltd. Has 3 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Ronald D. Birnbaum with Advisory Group Equity Services Ltd.? Ronald Birnbaum (CRD #2382580) who is currently registered with Advisory Group Equity Services Ltd. and located in Newton, Massachusetts is a subject of one of our many securities industry sales practice abuse investigations. Prior to Advisory Group Equity Services Ltd., Ronald Birnbaum was associated with four other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Advisory Group Equity Services Ltd. Broker Misconduct In his career, Ronald Birnbaum has been the subject of 6 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. Two of Ronald Birnbaum’s 6 customer complaints were settled in favor of investors. There are currently 4 pending customer complaints filed against Ronald Birnbaum’s current employer Advisory Group Equity Services Ltd. for investment losses caused by his alleged misconduct. It appears that many of the complaints filed against Ronald Birnbaum relate to direct investments in private placements, limited partnership interests and tenant in common investments in the oil and gas and real estate sectors.  The most recent complaints appear to be related to GPB Capital Holdings, LLC sponsored private placements. The typical GPB investments were high risk, high commission (over 11%) and illiquid investments that were not registered with the SEC or any other regulator. These were unsuitable investments for unsophisticated investors at or near retirement primarily because of their illiquidity. Allegations Against Ronald Birnbaum A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants alleged unsuitable investments in breach of fiduciary duty with respect to direct investments in private placements and limited partnership interests involving the oil and gas and real estate industries. Claimants alleged unsuitable investments in private placements and limited partnership interests. Claimant alleged failure to conduct reasonable due diligence, overconcentration and unsuitable investment recommendations in private placements and limited partnership interests. Ronald Birnbaum Red Flags & Your Rights As An Investor Of course, Ronald Birnbaum did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Ronald Birnbaum at Advisory Group Equity Services Ltd. on alert to review carefully the activity and performance of their accounts and question whether Ronald Birnbaum has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Advisory Group Equity Services Ltd. also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Advisory Group Equity Services Ltd. If you have questions about Advisory Group Equity Services Ltd. and/or Ronald Birnbaum and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Nina Jessee of Cetera Advisors, LLC

DID NINA SUE JESSEE CAUSE YOU INVESTMENT LOSSES? Nina Sue Jessee formerly with Cetera Advisors LLC Has 24 Customer Complaints For Alleged Broker Misconduct Who is Nina S. Jessee formerly with Cetera Advisors LLC? Nina Jessee (CRD #1484808) who was formerly registered with Cetera Advisors LLC and located in Abingdon, Virginia is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cetera Advisors LLC, Nina Jessee was associated with Investors Capital Corp. and 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Nina Jessee not only had problems with customer complaints, but problems with the regulators and her former employer. In June 2019, Nina Jessee was permanently barred by FINRA from association with any member firm in any capacity in the securities industry because she failed to appear for FINRA on-the-record testimony in connection with FINRAs investigation of customer related to alternative investments in allegations that Nina Jessee failed to disclose outside business activities. The investigation obviously arose out of the numerous complaints referred to above and disclosure of her resignation after it was alleged she violated Cetera Advisors, LLC, policy and not disclosing outside business activities prior to engaging in them. Nina Jessee Broker Misconduct In her career, Nina Jessee has been the subject of 24 customer complaints that we know about. Nineteen of Nina Jessee’s 24 customer complaints were settled in favor of investors. Five of those complaints were denied by her employer and the customers to date have done taking any further action.  We understand that many of the complaints related to Real Estate Investment Trusts (REITs). The allegation that she failed to disclose outside business activities required under FINRA rules is serious. FINRA and brokerage firms require their registered representatives to disclose all outside business activities, particularly those related to the offer and sale of securities because brokerage firms are required to exercise due diligence and make sure all investments are approved before they are offered to the public. The offer and sale of securities not pre-approved by the brokerage firm is known as “selling away” and the firm can be liable its brokers who engage in that misconduct. Allegations Against Nina Jessee A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimant alleged overconcentration in REITs. Claimants allegations were focused on the suitability of investment recommendations in REITs. Claimants allege that the registered representative misrepresented investments and over-concentrated their portfolio in REITs. Nina Jessee Red Flags & Your Rights As An Investor Of course, Nina Jessee did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Nina Jessee at Cetera Advisors LLC and Investors Capital Corp. on alert to review carefully the activity and performance of their accounts and question whether Nina Jessee has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisors LLC and Investors Capital Corp. about Nina Jessee also raises questions about their supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Cetera Advisors LLC If you have questions about Cetera Advisors LLC, Investors Capital Corp. and/or Nina Jessee and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading

Mar 4, 2022

Darren Kubiak of Kalos Capital, Inc

DID DARREN MICHAEL KUBIAK CAUSE YOU INVESTMENT LOSSES? Darren Michael Kubiak formerly with Kalos Capital, Inc. Has 8 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Darren M. Kubiak formerly with Kalos Capital, Inc.? Darren Kubiak (CRD #1239086) who was formerly registered with Kalos Capital, Inc. and located in Alpharetta, Georgia is a subject of one of our many securities industry sales practice abuse investigations. Prior to Kalos Capital, Inc., Darren M. Kubiak was associated with two other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Not only has Darren Kubiak’s former employer’s had securities industry regulatory problems but he himself has been suspended by FINRA, fined and ordered to make restitution to customers. Apparently he recommended the purchase of leveraged and inverse exchange traded funds (LIETFs).  Allegedly, Darren Kubiak, did not understand the risk and features associated with LIETFs. These investments that should only be held for a very short period and yet all the customers he recommended them to held the LIETFs for an average of 722 days. Darren Kubiak allegedly did not understand that LIETFs whose value over time and that the losses are compounded the longer they are held due to the resetting of valuations each day. He served a suspension but never re-entered the business after was concluded earlier this year. Kalos Capital, Inc. Broker Misconduct In his career, Darren Kubiak has been the subject of 8 customer complaints that we know about, all of those complaints were filed in the last two years to recover investment losses. Two of Darren Kubiak’s 8 customer complaints have been settled in favor of investors. There are currently 6 pending customer complaints filed against Darren Kubiak’s former employer Kalos Capital, Inc. for investment losses caused by his alleged misconduct. Allegations Against Darren Kubiak A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimant alleged unsuitable recommendations, negligence and breach of fiduciary duty related to private equity in alternative investments and Darren Kubiak’s former employer Kalos Capital, Inc. paid the investor $250,000 for all of the alleged losses. Claimant alleged unsuitable investment recommendations and failure to do to due diligence related to GPB Capital Holdings sponsored private placement investments. Claimant alleges that the investments recommended were unsuitable and that the brokerage and broker failed to conduct reasonable due diligence, and made material misrepresentations and omissions about the GPB private placements. Client claims that the investments are suitable, over-concentrated and that there was a failure to conduct due diligence prior to selling the GPB private placements to clients. Claimants alleged that the financial advisor made unsuitable investment recommendations related to private debts and business development companies. Darren Kubiak Red Flags & Your Rights As An Investor Of course, Darren Kubiak did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Darren Kubiak at Kalos Capital, Inc. on alert to review carefully the activity and performance of their accounts and question whether Darren Kubiak has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Kalos Capital, Inc. about Darren Kubiak also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Kalos Capital, Inc. If you have questions about Kalos Capital, Inc. and/or Darren Kubiak and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Continue Reading