Jan 20, 2022

Lawrence Fawcett of WestPark Capital, Inc

DID LAWRENCE JOHN FAWCETT JR CAUSE YOU INVESTMENT LOSSES? Lawrence John Fawcett Jr formerly with WestPark Capital, Inc. Has 8 Customer Complaints for Alleged Broker Misconduct   Who is Lawrence J. Fawcett Jr formerly with WestPark Capital, Inc.? Lawrence Fawcett (CRD #5851474) who was formerly registered with WestPark Capital, Inc. and located in Los Angeles, California is a subject of one of our many securities industry sales practice abuse investigations.   Prior to WestPark Capital, Inc., Lawrence Fawcett was associated with Salomon Whitney Financial and 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. In March 2018, Lawrence Fawcett was discharged by WestPark Capital, Inc. for allegedly conducting business from a non-disclosed location in making false representations to his employer. Lawrence Fawcett, Jr., has had his share of regulatory problems; he has been permanently barred from association with any FINRA member firm in any capacity for failure to pay an arbitration award, and failure to pay fees, failure to supply information to FINRA in violation of Rule 8210. WestPark Capital, Inc. Broker Misconduct In his career, Lawrence Fawcett has been the subject of 8 customer complaints that we know about, 4 of those complaints were filed in the last year to recover investment losses. Two customers went all the way through an arbitration proceeding and received an arbitration award in their favor to recover their investment losses.   One of Lawrence Fawcett’s 8 customer complaints was settled in favor of investors. There are currently 3 pending customer complaints filed against Lawrence Fawcett’s former employers WestPark Capital, Inc. and SW Financial for investment losses caused by his alleged misconduct. Allegations Against Lawrence Fawcett A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: A customer alleged and proved in an arbitration proceeding all or some of his allegations that Lawrence Fawcett was negligent and engaged in qualitative and quantitative suitability misconduct, breach of fiduciary duty, breach of contract, negligent misrepresentations, and omissions. The customer alleged that Lawrence Fawcett engaged in unauthorized trading, made unsuitable investment recommendations, and engage in an unsuitable investment strategy. The customer alleged Lawrence Fawcett engaged in unauthorized trading at Salomon Whitney brokerage. The claimant alleged that Lawrence Fawcett made unsuitable recommendations and misrepresentations and breach his fiduciary duty related to common stock transactions and private placement investments. The claimant alleged excessive trading or churning which are unsuitable transactions. The claimant alleged, churning, negligence, unauthorized trading, and breach of contract related to certain equity transactions. Lawrence Fawcett Red Flags & Your Rights as An Investor Of course, Lawrence Fawcett 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 Lawrence Fawcett at Westpark Capital, Inc. and Salomon Whitney Financial on alert to review carefully the activity and performance of their accounts and question whether Lawrence Fawcett has engaged in any stockbroker misconduct that may have caused them investment losses. A large number of customer complaints at Westpark Capital, Inc. and Salomon Whitney Financial about Lawrence Fawcett 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 Westpark Capital, Inc., Salomon Whitney Financial, And SW Financial If you have questions about Westpark Capital, Inc., Salomon Whitney Financial, SW Financial, and/or Lawrence Fawcett 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

Jan 20, 2022

Marc Friedson of RBC Capital Markets, LLC

DID MARC ROBERT FRIEDSON CAUSE YOU INVESTMENT LOSSES? Marc Robert Friedson formerly with RBC Capital Markets, LLC Has 9 Customer Complaints For Alleged Broker Misconduct Who is Marc R. Friedson formerly with RBC Capital Markets, LLC? Marc Friedson (CRD #1178838) who was formerly registered with RBC Capital Markets, LLC and located in West Palm Beach, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to RBC Capital Markets, LLC, Marc Friedson was associated with5other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. RBC Capital Markets, LLC Broker Misconduct In his career, Marc Friedson has been the subject of 9 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. 6 of Marc Friedson’s 9 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Marc Friedson’s former employer RBC Capital Markets, LLC for investment losses caused by his alleged misconduct. Allegations Against Marc Friedson A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants alleged that their financial advisor recommended unsuitable investments in Puerto Rico bonds and recommended that they hold an unsuitable level of concentration and such bonds. Client alleged that Marc Friedson made unsuitable recommendations that led to an overconcentration in the energy sector and municipal bonds. Customers allege recommendations of Puerto Rico bonds and Lynn Energy were unsuitable investment recommendations. Claimants alleged unsuitable investment recommendations to purchase various corporate bonds. Client alleged unsuitable in unauthorized transactions. Customer allege that Marc Friedson recommended an unsuitable transaction in PLMIV, a Limited partnership. Marc Friedson Red Flags & Your Rights As An Investor Of course, Marc Friedson 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 Marc Friedson at RBC Capital Markets, LLC on alert to review carefully the activity and performance of their accounts and question whether Marc Friedson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at RBC Capital Markets, 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 RBC Capital Markets, LLC If you have questions about RBC Capital Markets, LLC and/or Marc Friedson 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

Jan 20, 2022

Arthur Grossbard of Ameriprise Financial Services, LLC

DID ARTHUR GROSSBARD CAUSE YOU INVESTMENT LOSSES? Arthur Grossbard Of Ameriprise Financial Services, LLC And Formerly with Royal Alliance Associates, Inc. Has 2 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years Who is Arthur Grossbard with Ameriprise Financial Services, LLC? Arthur Grossbard (CRD #1020971) who was recently registered with Ameriprise Financial Services, LLC and located in West Orange, New Jersey is a subject of one of our many securities industry sales practice abuse investigations.   Prior to Ameriprise Financial Services, LLC, Arthur Grossbard was associated with Royal Alliance Associates, Inc. and 3 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. At the beginning of his career, Arthur Gross was investigated and prosecuted by the State of Vermont and FINRA F/K/A the NASD for switching mutual fund investments in clients’ accounts.  He was censured and ordered to pay restitution and disgorge commissions. Royal Alliance Associates, Inc. Broker Misconduct In his career, Arthur Grossbard has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses. One of Arthur Grossbard’s customer complaints was settled in favor of investors and the other was denied by his former employer. Allegations Against Arthur Grossbard   A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants allege that Arthur Grossbard made unsuitable investment recommendations that his client invests in 2 private placements. The claimant alleged that Arthur Grossbard made unsuitable investment recommendations related to annuity and mutual fund investments. Arthur Grossbard Red Flags & Your Rights as An Investor Of course, Arthur Grossbard 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 Arthur Grossbardat Ameriprise Financial Services, LLC and Royal Alliance Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Arthur Grossbardhas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints about Arthur Grossbard at Royal Alliance Associates, Inc. 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 Ameriprise Financial Services, LLC And Royal Alliance Associates, Inc. If you have questions about Ameriprise Financial Services, LLC, Royal Alliance Associates, Inc., and/or Arthur Grossbardand 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

Jan 20, 2022

Brian Btesh of Northwestern Mutual Investment Services, LLC

DID BRIAN BTESH CAUSE YOU INVESTMENT LOSSES? Brian Btesh formerly with Northwestern Mutual Investment Services, LLC Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Brian Btesh formerly with Northwestern Mutual Investment Services, LLC? Brian Btesh (CRD #6112889) who was formerly registered with Northwestern Mutual Investment Services, LLC and located in Aventura, Florida is a subject of one of our many securities industry sales practice abuse investigations. Northwestern Mutual Investment Services, LLC is an investment advisory and brokerage firm with a history of customer complaints. Rather than terminate Brian Btesh for apparent misconduct, Northwestern Mutual Investment Services, LLC permitted him to resign from his position after a review of sales practice complaints, including his applying large payments to premium and initiating policy changes promptly after the payments are exhausted; initiating and collecting payment amounts which were inconsistent with the amounts of premiums due; and basing the amount of the policy, death benefit on the corresponding premium amount, rather than the client need. Rather than terminate him for suspected forgery, and admissions that he altered documentation, they permitted him to resign. Based on the foregoing, one wonders what it would take for Northwestern Mutual Investment Services, LLC to terminate any financial advisor for misconduct.  Northwestern Mutual Investment Services, LLC Broker Misconduct In his career, Brian Btesh has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses. Both of Brian Btesh’s customer complaints were settled in favor of investors. Allegations Against Brian Btesh A sample of the allegations made in the FINRA reported arbitration claim settlements for investment losses are as follows: A customer alleged that she did not sign policy change forms for 2 non-variable life insurance policies. Another customer alleged that she had not signed forms related to changes for her 3 non-variable life insurance policies or even requested any policy changes. Brian Btesh Red Flags & Your Rights As An Investor Of course, Brian Btesh 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 Brian Btesh at Northwestern Mutual Investment Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Brian Btesh has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Northwestern Mutual Investment Services, LLC about Brian Btesh 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 Northwestern Mutual Investment Services, LLC If you have questions about Northwestern Mutual Investment Services, LLC and/or Brian Btesh 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

Jan 20, 2022

Daniel Brunette of First Allied Securities, Inc.

DID DANIEL EDWARD BRUNETTE CAUSE YOU INVESTMENT LOSSES? Daniel Edward Brunette with First Allied Securities, Inc. Has 16 Customer Complaints For Alleged Broker Misconduct, 3 Complaints In the Past Year Who is Daniel E. Brunette with First Allied Securities, Inc.? Daniel Brunette (CRD #813924) who is currently registered with First Allied Securities, Inc. and located in Indianapolis, Indiana is a subject of one of our many securities industry sales practice abuse investigations. Prior to First Allied Securities, Inc., Daniel Brunette was associated with 7 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Daniel Brunette has had his own share of regulatory problems. While he was employed with Northwestern Mutual investment Services, LLC, it was alleged that he misrepresented variable life insurance policies in the NASD censured, suspended and fined him for that alleged misconduct. Thereafter, he failed to notify the states of Indiana, Ohio, Wisconsin, Pennsylvania, and Illinois of the any as the action and he was subject to a variety of sanctions, including, revocation of his licenses, withdrawals of his registration, probation, heightened supervision, censures, cease-and-desist orders, and/or fines. First Allied Securities, Inc. And Northwestern Mutual Investment Services, LLC Broker Misconduct In his career, Daniel Brunette has been the subject of 16 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. Nine of Daniel Brunette’s 16 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Daniel Brunette’s current employer First Allied Securities, Inc. for investment losses caused by his alleged misconduct. Allegations Against Daniel Brunette   A sample of the allegations made in the FINRA reported customer complaints, arbitration claims and settlements and pending complaints for investment losses are as follows: Multiple customers in separate arbitrations and written complaints alleged misrepresentation of variable life insurance policy. Complainant alleged that Daniel Brunette is misleading sales materials in misrepresenting a variable life insurance policy. Client alleged that financial advisor misrepresented a variable life insurance policy as a private pension plan and further that his signature and initials on certain applications were forgeries. Customer alleged that a variable life insurance policy offered and sold was not a suitable investment recommendation. Customers alleged that variable life insurance policy sold to them were misrepresented to be private pension plans and that Daniel Burnett guaranteed a certain rate of tax-free return, and further that the actual return would be greater than the guaranteed rate or return. Moreover, customers alleged that the registered representative stated they would only have to pay the premiums until the age of 55 and thereafter, the policy would provide certain annual payments, tax-free for a source of retirement income. Daniel Brunette Red Flags & Your Rights As An Investor Of course, Daniel Brunette 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 Daniel Brunette at First Allied Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Daniel Brunette has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Northwestern Mutual Investment Services, LLC 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 First Allied Securities, Inc. and Northwestern Mutual Investment Services, LLC If you have questions about First Allied Securities, Inc., Northwestern Mutual Investment Services, LLC, and/or Daniel Brunette 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

Jan 20, 2022

Donald Dever of UBS Financial Services Inc.

DID DONALD J. DEVER CAUSE YOU INVESTMENT LOSSES? Donald J. Dever with UBS Financial Services Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Donald J. Dever with UBS Financial Services Inc.? Donald Dever (CRD #5317492) who is currently registered with UBS Financial Services Inc. and located in West Palm Beach, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to UBS Financial Services Inc., Donald Dever was associated with Credit Suisse Securities (USA) LLC and 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. UBS Financial Services Inc. Broker Misconduct In his career, Donald Dever has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses. One of Donald Dever’s customer complaints was settled in favor of investors. There is currently 1 pending customer complaint filed against Donald Dever’s current employer UBS Financial Services Inc. for investment losses caused by his alleged misconduct. Allegations Against Donald Dever A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Client alleged that transactions were executed in his account without his authority. Claimant alleged that Donald Dever made misrepresentations and unsuitable recommendations with respect to an options overlay strategy known as the UBS-YES strategy. Donald Dever Red Flags & Your Rights As An Investor Of course, Donald Dever 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 Donald Dever at UBS Financial Services Inc. and Credit Suisse Securities (USA) LLC on alert to review carefully the activity and performance of their accounts and question whether Donald Dever has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services Inc. about Donald Dever in such a short period 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 UBS Financial Services Inc.   If you have questions about UBS Financial Services Inc., Credit Suisse Securities (USA) LLC and/or Donald Dever 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

Jan 20, 2022

Gregory Ricker of Westpark Capital, Inc

DID GREGORY ALAN RICKER CAUSE YOU INVESTMENT LOSSES? Gregory Alan Ricker formerly with Westpark Capital, Inc. Has 7 Customer Complaints for Alleged Broker Misconduct Who is Gregory A. Ricker formerly with Westpark Capital, Inc.? Gregory Ricker (CRD #1834893) who was formerly registered with Westpark Capital, Inc. and located in Boca Raton, Florida is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Westpark Capital, Inc., Gregory Ricker was associated with 7other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Gregory Ricker has also had his regulatory problems.  On August 20, 2019, he was suspended by FINRA for failing to respond to its request for information in connection with an investigation.  On June 29, 2020, Gregory Ricker entered into an agreement with FINRA, without admitting or denying the findings, that he participated in a private securities transaction when he referred a potential investor to accompany and receive selling compensation in the amount of $75,000 for the investors to investments in totaled $750,000 in the company without notifying and receiving prior written approval from his employer.  The FINRA findings also stated that Gregory Ricker also made false statements to his firm and annual compliance questionnaires concerning his participation in private securities transactions.  He was suspended for 6 months, fined $5,000 and ordered to disgorge the $75,000 commission he received for the investor’s participation in the private securities transactions. Westpark Capital, Inc. Broker Misconduct In his career, Gregory Ricker has been the subject of 7 customer complaints that we know about, 3 of those complaints were filed in the last two years to recover investment losses. Four of Gregory Ricker’s 7 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Gregory Ricker’s former employer Westpark Capital, Inc. for investment losses caused by his alleged misconduct. Allegations Against Gregory Ricker A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimant alleged churning and unsuitable investment recommendations. The claimant alleged that Gregory Ricker engaged in the churning of his account and unauthorized trading.  Further, the claimant alleged that his financial advisor made unsuitable speculative option transactions in his account. The claimant alleged that Gregory Ricker excessively traded his account in various securities. The claimant alleged that Gregory Ricker made unauthorized mutual fund investments. Claimant alleged that Gregory Ricker engaged in selling away (unapproved securities transactions) and caused $860,000 in losses. Gregory Ricker Red Flags & Your Rights As An Investor Of course, Gregory Ricker 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 Gregory Rickerat Westpark Capital, Inc. on alert to review carefully the activity and performance of their accounts and question whether Gregory Ricker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Westpark Capital, 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 Westpark Capital, Inc. If you have questions about Westpark Capital, Inc. and/or Gregory Rickerand 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

Jan 20, 2022

Gary Ginsberg of Ameriprise Financial Services, LLC

DID GARY DAVID GINSBERG CAUSE YOU INVESTMENT LOSSES? Gary David Ginsberg with Ameriprise Financial Services, LLC Has 3 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Gary D. Ginsberg with Ameriprise Financial Services, LLC? Gary Ginsberg (CRD #1175258) who is currently registered with Ameriprise Financial Services, LLC and located in West Orange, New Jersey is a subject of one of our many securities industry sales practice abuse investigations. Prior to Ameriprise Financial Services, LLC, Gary Ginsberg was associated with Royal Alliance Associates, Inc. and two other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Gary Ginsberg has had his own share of regulatory problems. In 2010, the New York State Department of Insurance investigated the sale of annuity contracts when he was not licensed to sell any products in that state. He consented to a fine of $20,600 which he paid in full. Royal Alliance Associates Broker Misconduct In his career, Gary Ginsberg 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. All 4 of the customer complaints arose in connection with his employment at Royal Alliance Associates. Two of Gary Ginsberg’s 4 customer complaints were settled in favor of investors. One of his customer complaints was denied by his employer in today, the customer is not taking any further action. The other customer complaint filed against Gary Ginsberg’s former employer, Royal Alliance Associates for investment losses caused by his alleged misconduct is currently pending. Allegations Against Gary Ginsberg A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Customer led to the financial advisor exposed claimants principal to an unwanted and unreasonable risk of loss. Customer alleges that a variable annuity investment was placed erroneously in a traditional IRA account. Client alleged that financial advisor recommended a non-traded REIT which was unsuitable and in light of his investment objectives and financial condition. Claimant alleges that there was a failure of due diligence in connection with an alternative real estate investor recommended by financial advisor. Gary Ginsberg Red Flags & Your Rights As An Investor Of course, Gary Ginsberg 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 Gary Ginsberg at Ameriprise Financial Services, LLC and Royal Alliance Associates on alert to review carefully the activity and performance of their accounts and question whether Gary Ginsberg has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints about Gary Ginsberg at Royal Alliance Associates 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 Ameriprise Financial Services, LLC And Royal Alliance Associates If you have questions about Ameriprise Financial Services, LLC, Royal Alliance Associates and/or Gary Ginsberg 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