Mar 4, 2022

Jason Woods of Thurston, Springer, Miller, Herd & Titak, Inc

DID JASON WOODS CAUSE YOU INVESTMENT LOSSES? Jason Woods formerly with Thurston, Springer, Miller, Herd & Titak And LPL Financial Has 7 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years Who is Jason Woods formerly with Thurston, Springer, Miller, Herd & Titak, Inc., and LPL Financial? Jason Woods (CRD #5992754) who was formerly registered with Thurston, Springer, Miller, Herd & Titak, Inc. and located in Louisville, Kentucky is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Thurston, Springer, Miller, Herd & Titak, Inc., Jason Woods was associated with LPL Financial LLC, brokerage firms with a history of customer complaints and securities industry regulatory problems. Thurston, Springer, Miller, Herd & Titak, Inc. Broker Misconduct In his career, Jason Woods has been the subject of 9 customer complaints that we know about, 7 of those complaints were filed in the last two years to recover investment losses. Seven of Jason Woods’ 9 customer complaints were settled in favor of investors. There are currently 2 pending customer complaints filed against Jason Woods’ former employer LPL Financial for investment losses caused by his alleged misconduct. Allegations Against Jason Woods A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants allege they desired to purchase low-risk investments but were encouraged to invest in risky business development companies and reads through ongoing misrepresentations, which caused them monetary losses.  They further allege losses in connection with a variable annuity investment.  They also alleged that LPL Financial failed to adequately supervise its representatives. Customers allege misrepresentation and unsuitable recommendations in connection with alternative investment purchases involving real estate. The customer alleges misrepresentation and unsuitable investment in connection with an alternative investment. The customer alleges excessive selling of annuities, misrepresentation, failure to disclose material facts, unsuitability of products, and alteration of account profiles. The customer alleges misrepresentation of financial information, unsuitable investments, unwarranted fees, and failure to invest in a timely manner. Customers allege misrepresentation, unsuitable investments, failure to invest in a timely manner, and losses and accounts.  Customers also allege some documents were altered and specifically allege they do not recognize certain signatures or initials and other signatures appear to be copied. Jason Woods Red Flags & Your Rights as An Investor Of course, Jason Woods did not admit to any of the allegations.  In fact, he claims the customers who complained were not his clients.  Apparently, the firm disagreed and settled 7 of those complaints about his objection.  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 Jason Woods at Thurston, Springer, Miller, Herd & Titak, Inc. on alert to review carefully the activity and performance of their accounts and question whether Jason Woods has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Thurston, Springer, Miller, Herd & Titak, 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 Thurston, Springer, Miller, Herd & Titak, Inc. If you have questions about Thurston, Springer, Miller, Herd & Titak, Inc., LPL Financial LLC and/or Jason Woodsand 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.

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Mar 4, 2022

Gerardo Latimer-Janer of Morgan Stanley

DID GERARDO JOSE LATIMER-JANER CAUSE YOU INVESTMENT LOSSES? Gerardo Jose Latimer-Janer formerly with Morgan Stanley Has 8 Customer Complaints for Alleged Broker Misconduct Who is Gerardo J. Latimer-Janer formerly with Morgan Stanley? Gerardo Latimer-Janer (CRD #2491626) who was formerly registered with Morgan Stanley and located in Fort Lauderdale, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Gerardo Latimer-Janer was associated with 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Morgan Stanley Broker Misconduct In his career, Gerardo Latimer-Janer has been the subject of 8 customer complaints that we know about. Two of Gerardo Latimer-Janer’s 8 customer complaints were settled in favor of investors. There are currently 6 pending customer complaints filed against Gerardo Latimer-Janer’s former employer Morgan Stanley for investment losses caused by his alleged misconduct. Allegations Against Gerardo Latimer-Janer 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, misrepresentation, and overconcentration in Puerto Rico municipal bonds and also alleges unsuitable recommendation to hold those bonds. The claimant alleges unsuitability, misrepresentation, and overconcentration in Puerto Rico municipal bonds. Claimants alleged misrepresentations, unsuitability, and overconcentration concerning their investments in Puerto Rico municipal bonds, closed-end funds, and preferred stocks. The claimant alleges its investments in Puerto Rico municipal bonds were unsuitable, over-concentrated, and misrepresented as safe investments. Gerardo Latimer-Janer Red Flags & Your Rights as An Investor Of course, Gerardo Latimer-Janer did not admit to any of the allegations.  In fact, he claims he was not even a financial advisor.  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 Gerardo Latimer-Janer at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Gerardo Latimer-Janer has engaged in any stockbroker misconduct that may have caused them investment losses. A 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 Gerardo Latimer-Janer 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.

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Mar 4, 2022

Michael Mackay of Transamerica Financial Advisors, Inc

DID MICHAEL R. MACKAY CAUSE YOU INVESTMENT LOSSES? Michael R. Mackay formerly with Transamerica Financial Advisors, Inc. Has 4 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years Who is Michael R. Mackay formerly with Transamerica Financial Advisors, Inc.? Michael Mackay (CRD #2279775) who was formerly registered with Transamerica Financial Advisors, Inc. and located in Cincinnati, Ohio is a subject of one of our many securities industry sales practice abuse investigations. Prior to Transamerica Financial Advisors, Inc., Michael Mackay was associated with 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Transamerica Financial Advisors, Inc. Broker Misconduct In his career, Michael Mackay 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. Two of Michael Mackay’s 4 customer complaints for selling unauthorized promissory notes (Selling Away) were settled in favor of investors.  One complaint was denied by the brokerage firm and to date, the customer has not pursued any further action. There is currently one pending customer complaint filed against Michael Mackay’s former employer Transamerica Financial Advisors, Inc. for investment losses caused by his alleged misconduct. FINRA commenced an investigation into allegations that Michael Mackay had referred customers to an outside real estate investment opportunity that is firm had not approved.  Michael Mackay refused to cooperate with the investigation and was permanently barred from any further association with a member firm in the securities industry. Allegations Against Michael Mackay A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimant’s alleged the registered representative sold them unsuitable investments, including promissory notes, which were sold away from the firm.  The firm settled the Selling Away claim for $425,000. The complainant alleged that she purchased a total of $427,000 of Equity Trust Company REPF Fund and discovered it was an unauthorized and unapproved product. Claimants alleged a registered representative sold unsuitable investments, which were sold away from the firm. The complainant alleged that she provided a check to the registered representative in the amount of $300,000 for real estate investment and wanted the funds returned to her.  The firm settled the matter for $235,000, even though it was an unauthorized and unapproved investment. Michael Mackay Red Flags & Your Rights as An Investor Of course, Michael Mackay 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 Michael Mackay at Transamerica Financial Advisors, Inc. on alert to review carefully the activity and performance of their accounts and question whether Michael Mackay has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Transamerica Financial Advisors, 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 Transamerica Financial Advisors, Inc. If you have questions about Transamerica Financial Advisors, Inc. and/or Michael Mackay 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.

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Mar 4, 2022

Donald Waage of Capital Financial Services, Inc

DID DONALD PAUL WAAGE CAUSE YOU INVESTMENT LOSSES? Donald Paul Waage formerly with Capital Financial Services, Inc. Has 4 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years Who is Donald P. Waage formerly with Capital Financial Services, Inc.? Donald Waage (CRD #1509320) who was formerly registered with Capital Financial Services, Inc. and located in Saint Cloud, Minnesota is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Capital Financial Services, Inc., Donald Waage was associated with 14 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Donald Waage Broker Misconduct In his career, Donald Waage has been the subject of 4 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses.  In 2011, Donald Waage was suspended for 10 days and fined $10,000 for failing to exercise reasonable supervision over a representative who recommended that his customer invest 47.5% of the customer’s available funds and high-risk investments which warrant suitable for the customer.   The 4 customer complaints filed against Donald Waage’s former employer Capital Financial Services, Inc. for investment losses caused by his alleged misconduct are still pending. Allegations Against Capital Financial Services, Inc. A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Clients alleged breach of fiduciary duty, misrepresentation, and violation of the Indiana state securities laws related to annuity, oil and gas, and real estate investments. Clients alleged violations of the federal securities laws, breach of fiduciary duty, and breach of contract related to mutual fund and oil and gas investments. The client alleges violations of the federal securities laws, violations of the Minnesota Securities Act, and violation of FINRA rules related to real estate securities investments. Donald Waage Red Flags & Your Rights as An Investor Of course, Donald Waage 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 Donald Waage at Capital Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Donald Waage has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Capital Financial Services, 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 Capital Financial Services, Inc If you have questions about Capital Financial Services, Inc. and/or Donald Waageand 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.

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Mar 4, 2022

Adam Belardino of MML Investors Services, LLC

DID ADAM GERARD BELARDINO CAUSE YOU INVESTMENT LOSSES? Adam Gerard Belardino formerly with MML Investors Services, LLC Has 5 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years Who is Adam G. Belardino formerly with MML Investors Services, LLC? Adam Belardino (CRD #5221927) who was formerly registered with MML Investors Services, LLC and MSI Financial Services, Inc. and located in Elmsford, New York is a subject of one of our many securities industry sales practice abuse investigations.   Prior to MML Investors Services, LLC, Adam Belardino was associated with MSI Financial Services, Inc. and 3 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. MML Investors Services, LLC Broker Misconduct In his career, Adam Belardino has been the subject of 5 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. One of those cases settled for over $1.5 million.  Three of Adam Belardino’s 5 customer complaints were settled in favor of investors. He was terminated by his last employer in connection with its investigation of a customer complaint. There is currently one pending customer complaints filed against Adam Belardino’s former employer MML Investors Services, LLC for investment losses caused by his alleged misconduct. Allegations Against Adam Belardino A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The Complainant alleges that the representative misrepresented, the Variable Universal Life policy he purchased in 2017. The customer states that it was never explained to him, that he could lose value when the policy if he failed to pay the premiums. The complainants alleges that in and around July 2018, mutual fund trades were executed in their joint brokerage account without their consent, and the signatures used were not valid.  They also state that a whole life insurance policy was purchased, but they never agreed to the policy premium, nor was the policy delivered.  They also state they did not sign the pre-authorized check form approving the withdrawal of the premium, or the delivery receipt confirming delivery.  The signatures on both forms were not valid.  The Complainants further alleged that a Variable Universal Life insurance policy was also surrendered without their knowledge, and as a result, surrender fees were incurred. Beginning in November 2018, the customers have alleged that the representative misrepresented their account values, engaged in excess of levels of training, and failed to comply with requests to have their accounts liquidated and the proceeds distributed.  This case was settled by the brokerage firm for $1,537,066.34. The customers alleged that the representative misrepresented features of and acted without their consent.  With regards to their investments. The customers alleged that the representative conducted unauthorized transactions and solicited new accounts under false pretenses. Adam Belardino Red Flags & Your Rights as An Investor Of course, Adam Belardino 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 Adam Belardino at MML Investors Services, LLC and MSI Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Adam Belardino has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors Services, LLC and MSI Financial Services, 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 MML Investors Services, LLC If you have questions about MML Investors Services, LLC and MSI Financial Services, Inc. and/or Adam Belardino 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.

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Mar 4, 2022

Christopher Bennett of J.J.B. Hilliard, W.L. Lyons, LLC

DID CHRISTOPHER DUKE BENNETT CAUSE YOU INVESTMENT LOSSES? Christopher Duke Bennett formerly with J.J.B. Hilliard, W.L. Lyons, LLC Has 15 Customer Complaints for Alleged Broker Misconduct Who is Christopher D. Bennett formerly with J.J.B. Hilliard, W.L. Lyons, LLC? Christopher Bennett (CRD #2510231) who was formerly registered with J.J.B. Hilliard, W.L. Lyons, LLC and located in Louisville, Kentucky is a subject of one of our many securities industry sales practice abuse investigations.  Christopher Bennett has been associated with J.J.B. Hillard, W.L. Lyons since 1995, a brokerage firm with a history of customer complaints and securities industry regulatory problems. Christopher Bennett Broker Misconduct In his career, Christopher Bennett has been the subject of 15 customer complaints that we know about. Eight of Christopher Bennett’s 15 customer complaints were settled in favor of investors. An arbitration award was entered against his employer and him for $445,000. One claim was denied by his employer antedate the customer is not taking any further action.  There are currently 5 pending customer complaints filed against Christopher Bennett’s former employer J.J.B. Hilliard, W.L. Lyons, LLC for investment losses caused by his alleged misconduct. Allegations Against Christopher Bennett A sample of the allegations made in the FINRA reported arbitration award and claims resulting in settlements and pending complaints for investment losses are as follows: Christopher Bennett was named in a customer complaint that asserted the following causes of action: breach of fiduciary duty, unauthorized trading, suitability, churning, misrepresentation, omission of facts, common law negligence, fraud, failure to supervise, common law, negligent supervision, Respondeat Superior, violation of Kentucky statutes and regulations, and violation of FINRA Rules, including, without limitation, KRS 292.480; 808 KAR 10:030, Section 1 (12), (13), (18), and (22); 808  KAR 10:030, Section 2 and 3; and FINRA Rules, 2010, 2020, 2090, 2111, and 30 110.  Claimant alleged that Christopher Bennett executed transactions in her accounts without authorization, allocated her assets in an unsuitable manner for her age and investment objectives without discussing the risks of such re-allocation, and engaged in excessive trading in her accounts.  This claim resulted in an arbitration award against Christopher Bennett and his employer in the amount of $445,000. The claimant alleged violation of the Kentucky Securities Act, breach of fiduciary duty, and unsuitable investment recommendations. The client expressed concerns over losses in the account and alleges that the representative had conducted trading without her permission and that she was charged excessive commissions on those transactions. Former client alleges breach of fiduciary duty, violation of the Kentucky Securities Act, common law fraud, breach of contract, negligent/negligent misrepresentation and omissions, and negligent supervision related to the purchase of Breitburn Energy. The claimant alleges that the registered representative failed to properly diversify our portfolio and invested in products that exposed the client’s portfolio to significant risk. Claimants allege unauthorized trading and violation of suitability rules with regard to certain securities in the oil and gas sector. Christopher Bennett Red Flags & Your Rights as An Investor Of course, Christopher Bennett 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 Christopher Bennett at J.J.B. Hilliard, W.L. Lyons, LLC alert to review carefully the activity and performance of their accounts and question whether Christopher Bennett has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.J.B. Hilliard, W.L. Lyons, 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 J.J.B. Hilliard, W.L. Lyons, LLC If you have questions about J.J.B. Hilliard, W.L. Lyons, LLC and/or Christopher Bennett 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.

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Mar 4, 2022

David Bibo of Western International Securities, Inc

DID DAVID OMORI BIBO CAUSE YOU INVESTMENT LOSSES? David Omori Bibo with Western International Securities, Inc. Has 6 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years Who is David O. Bibo with Western International Securities, Inc.? David Bibo (CRD #2602436) who is currently registered with Western International Securities, Inc. and located in San Jose, California is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Western International Securities, Inc., David Bibo was associated with 3other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Western International Securities, Inc. Broker Misconduct In his career, David Bibo has been the subject of 4 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Two of David Bibo’s 4 customer complaints were settled in favor of investors. Two of the complaints were denied by his employer and to date, the customers have not pursued any action. There are currently 2 pending customer complaints filed against David Bibo’s current employer Western International Securities, Inc. for investment losses caused by his alleged misconduct. Allegations Against David Bibo A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The client expressed concern about the reasonableness of the investments. Misrepresentation and unsuitable recommendations related to REIT. David Bibo Red Flags & Your Rights as An Investor Of course, David Bibo 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 David Bibo at Western International Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether David Bibo has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Western International 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 Western International Securities, Inc. If you have questions about Western International Securities, Inc. and/or David Bibo 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.

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Mar 4, 2022

Bart Bohrer of Calton & Associates, Inc

DID BART JAMES BOHRER CAUSE YOU INVESTMENT LOSSES? Bart James Bohrer with Calton & Associates, Inc. Has 5 Customer Complaints At Capital Financial Services, Inc. For Alleged Broker Misconduct In the Past 2 Years Who is Bart J. Bohrer with Calton & Associates, Inc. and formerly with Capital Financial Services, Inc.? Bart Bohrer (CRD #4315654) who is currently registered with Calton & Associates, Inc. and located in Tampa, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Calton & Associates, Inc., Bart Bohrer was associated with Capital Financial Services, Inc. an investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems. Bart Bohrer was an officer and registered representative at both firms. Calton & Associates, Inc. Broker Misconduct In his career, Bart Bohrer has been the subject of 5 customer complaints that we know about, all of those complaints were filed in the last year to recover investment losses. Four of Bart Bohrer’s 5 customer complaints were settled by Capital Financial Services, Inc. in favor of investors. There is currently one pending customer complaint filed against Bart Bohrer’s former employer Capital Financial Services, Inc. for investment losses caused by his alleged misconduct. Allegations Against Calton & Associates, Inc. A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Clients alleged breach of fiduciary duty, violations of federal securities laws, and violations of state securities laws related to direct investments in the oil and gas sector. Breach of fiduciary duty, violation of federal and state securities laws, negligent supervision, and hiring. Clients alleged violations of federal securities laws, breach of contract, and breach of fiduciary duty. Bart Bohrer Red Flags & Your Rights as An Investor Of course, Bart Bohrer did not admit to any of the allegations.  Rather, he contends he was not an officer at the time of the recommendations.  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 Bart Bohrer at Calton & Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Bart Bohrerhas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Capital Financial Services, 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 Calton & Associates, Inc. and Capital Financial Services, Inc. If you have questions about Calton & Associates, Inc., Capital Financial Services, Inc. and/or Bart Bohrerand 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.

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Mar 4, 2022

Robert David Jr. of Morgan Stanley

DID ROBERT C. DAVID JR. CAUSE YOU INVESTMENT LOSSES? Robert C. David Jr.  formerly with Morgan Stanley Has 5 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years Who is Robert C. David Jr. formerly with Morgan Stanley? Robert David (CRD #5211223) who was formerly registered with Morgan Stanley and located in Farmington Hills, Michigan is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Morgan Stanley, Robert David was associated with and one other investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems. Morgan Stanley Broker Misconduct In his career, Robert David has been the subject of 5 customer complaints that we know about, 4 of those complaints were filed in the last year to recover investment losses. Three of Robert David’s 5 customer complaints were settled in favor of investors. There are currently 3 pending customer complaints filed against Robert David’s former employer Morgan Stanley for investment losses caused by his alleged misconduct. In 2019, Robert David was terminated at Morgan Stanly for allegedly entering inaccurate client profile information relative to a bond transaction and concerns that some of those transactions were not confirmed immediately beforehand. Allegations Against Robert David A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The client alleged unsuitability with respect to investments. The client alleged failure to follow instructions with respect to investments made in his managed account. The client alleged misrepresentation with respect to corporate bond investments. Robert David Red Flags & Your Rights as An Investor Of course, Robert David 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 Robert David at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Robert David has engaged in any stockbroker misconduct that may have caused them investment losses. A 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 Robert David 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.

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Mar 4, 2022

Angel Bardeche of Ameriprise Financial Services, Inc.

DID ANGEL WYNETTE BARDECHE CAUSE YOU INVESTMENT LOSSES? Angel Wynette Bardeche formerly with Ameriprise Financial Services, Inc. Has 4 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years Who is Angel W. Bardeche formerly with Ameriprise Financial Services, Inc.? Angel Bardeche (CRD #4698117) who was formerly registered with Ameriprise Financial Services, Inc. and located in Cincinnati, Ohio is a subject of one of our many securities industry sales practice abuse investigations. Prior to Ameriprise Financial Services, Inc., Angel Bardeche was associated with 3 investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Angel W. Bardeche was just suspended and fined by FINRA  A month after our initial Legal Blog post about this stockbroker, we learned that FINRA, just last week, suspended Angel Bardeche for 9 months, fined her $10,000 and ordered her to disgorge $5,000 in commissions she received a result of her alleged misconduct.  The Acceptance, Waiver and Consent agreement, Angel Bardeche signed, without admitting or denying the allegations, includes findings by FINRA that she recommended and the effected an unsuitable “mutual fund switching” investment strategy by recommending that her customers switch in and out of Class A mutual fund shares. This class of mutual fund shares generally pay the highest amount of commissions to stockbrokers. Investments in Class A mutual fund shares are generally intended to be held as a long-term investment. As a result of that inappropriate “mutual fund switching” activity, customers unnecessarily paid over $450,000 in sales charges by following her unsuitable investment strategy recommendations. Further, FINRA found that she exercised discretion, without prior written authorization, in executing over 100 transactions in many customer accounts in violation of NASD Rule 2510(b) and FINRA Rule 2010.  Ameriprise Financial Services, Inc. Broker Misconduct In her career, Angel Bardeche 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 Angel Bardeche’s 4 customer complaints were settled in favor of investors. In April 2019 she was terminated by Ameriprise Financial Services, Inc. for her alleged stockbroker misconduct; she reportedly was terminated for “company policy violations related to failing to obtain authorization from clients prior to placing trades and mutual fund trading activity.” Allegations Against Angel Bardeche A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The client alleged her former advisor did not explain there was a surrender charge associated with the variable annuity purchased in 2013. The client was reimbursed $8,000 for the annuities surrender charges, and an additional $114,000 related to an unsuitable trading strategy involving mutual funds noted during the firm’s review. The client alleged her former advisor did not disclose the surrender charge, or annual fees associated with the variable annuity purchased in 2015. The client was reimbursed $9,927 for the annuities surrender charges and fees, and an additional $41,618 related to an unsuitable trading strategy involving mutual funds noted during the firm’s review. The client alleged his former advisor did not disclose that the variable annuity purchased in 2014 had a 10-year surrender period with associated surrender charges for premature liquidations. The client was reimbursed $14,430 for the annuities surrender charges, and an additional $123,847 related to an unsuitable trading strategy involving mutual funds noted during the firm to review. The clients alleged their former advisor did not disclose the front-and sales charges associated with recommended mutual fund purchases. The firm settled the case for $68,500. Angel Bardeche Red Flags & Your Rights As An Investor Of course, Angel Bardeche 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 Angel Bardeche at Ameriprise Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Angel Bardeche has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services, 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 Ameriprise Financial Services, Inc. If you have questions about Ameriprise Financial Services, Inc. and/or Angel Bardeche 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.

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