FREE INITIAL CONSULTATION WITH ATTORNEYS WHO CAN HANDLE YOUR SECURITIES, COMMODITIES AND INVESTMENT PROBLEMS

The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities, commodities and investment law matters and constantly strives to secure the most favorable possible result. Mr. Pearce provides a complete review of your case and fully explains your legal options. The firm works to ensure that you have all of the information necessary to make a sound decision before any action is taken in your case.

For dedicated representation by a law firm with substantial experience in all kinds of securities, commodities and investment disputes, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. We may also be able to arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere.

Dec 15, 2022

Announcing 2022 Winner – Robert Wayne Pearce Investor Fraud Awareness Scholarship

As promised, today we are announcing the 2022 winner of the Robert Wayne Pearce Investor Fraud Awareness Scholarship. Over the course of the year, we received applications from over 75 students from 44 schools around the country who all wrote quality essays about the Robinhood App and whether it was a good tool for novice investors or just a game to take advantage of them.  The winner of the $2,500 scholarship is Alecia Ann Des Lauries, a student at Alexandria Technical & Community College located in Alexandria, Minnesota, who wrote: The Robinhood Investment app is a darling amongst Millennials and Generation Z. The dashboard is sleek and easy to understand. It’s a “simple” and “easy” platform that “democratizes investing for all.” Anyone can buy stocks, EFTs, and cryptocurrency with just a press of the button. There are no commission fees, and you can start investing with just $1! What’s not to like? Turns out, a lot. Its slick marketing and user-friendliness disguise an ugly truth: the app is one of the worst ways to begin investing. The whole platform is a thinly veiled game that exploits first-time investors, which makes up more than half of its userbase (Segal, 2021).  Robinhood promotes freebies aggressively. New customers get free stock. You can earn more free stock if you refer friends to the app. There are frequent “giveaway sweepstakes” for cryptocurrencies and stocks. Social media influencers entice new users through unique free stock offers. Once you sign up, the app will even help you pick your first stock. Then, you can sign up for their debit card, the “Cash Card”, where you can earn bonuses, but for reinvesting in stock and crypto only on their platform.  Once you’re in, you’re pushed hard to invest. There are “Popular” and “Trending” stock lists. Widgets recommend what individual stocks and crypto to buy or sell. Celebratory messages and animations trigger when you buy, sell, or hit certain milestones. The bright, cartoonish art design is fun, but disarming. It’s easy to forget that you’re trading with real money and you’re undertaking real risks.  That’s intentional. It’s how Robinhood generates revenue. About 70% (Curry, 2022) of its revenue comes from payment for order flow, which means it receives payments upon routing trades to market makers. The more trades that occur, the more revenue Robinhood receives. That’s how the company collected $331 million in Q1 2021 (Geron, 2021). Most tellingly, the platform itself is simplistic. There are no mutual funds or fixed income for more conservative investors. There are no IRAs or 401(k)s—a huge disservice to the 55% of Millennials (Loudenback, 2019) and 90% of Generation Z (Koterbski, 2022) who don’t have retirement accounts. Robinhood doesn’t offer forex or futures for more experienced investors, let alone stock or ETF screeners for research-intensive investing. The most rudimentary research tools are behind a paywall, and even then, it’s insufficient compared to competing brokers. More seasoned investors quickly flock to other brokers that offer more robust tools. That’s because those investors aren’t Robinhood’s target market. And the platform wants to remain that way. The educational resources, while improving, are still laughably shallow. There is almost nothing on risk management; most of the “risk” you’ll see is on their disclaimers. Robinhood pays lip service to help build “wealth for a new generation”, while equipping its users with inferior tools and subpar education. It’s no wonder many columnists criticized Robinhood for being too much like a casino. And like the saying goes, the house always wins! We thank all the other applicants for their efforts and announce that the next scholarship to be awarded December 15, 2023, will be given to the student who writes the most thoughtful essay about the Risks of Investing in the Cryptocurrency Market.

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Dec 14, 2022

Elvira Makarevich formerly with Thrivent Investment Management Inc.

DID ELVIRA P. MAKAREVICH CAUSE YOU INVESTMENT LOSSES? Elvira Makarevich Formerly With Thrivent Investment Management Inc. Has A Customer Complaint For Alleged Broker Misconduct Who is Elvira Makarevich formerly with Thrivent Investment Management Inc.? Elvira Makarevich (CRD #6714175) who was formerly registered with Thrivent Investment Management Inc. and located in Bellevue, Washington is a subject of one of our many securities industry sales practice abuse investigations.   Elvira Makarevich Customer Complaint Elvira Makarevich has been the subject of at least one customer complaint that we know about, which was filed to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were the customer could not afford the variable life insurance policy recommended by financial advisor and sold to her. Elvira Makarevich’s customer complaint was settled in favor of the investor. Elvira Makarevich Red Flags & Your Rights As An Investor Of course, Elvira Makarevich 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 Elvira Makarevich at Thrivent Investment Management Inc. on alert to review carefully the activity and performance of their accounts and question whether Elvira Makarevich has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Thrivent Investment Management Inc. also raises questions about the brokerage firm’s 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 Thrivent Investment Management Inc. Due To Elvira Makarevich If you have questions about Thrivent Investment Management Inc. and/or Elvira Makarevich 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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Dec 14, 2022

Elwis Johnson of Edward Jones

DID ELWIS JOHNSON JR CAUSE YOU INVESTMENT LOSSES? Elwis Johnson Of Edward Jones And Formerly With Waddell & Reed Has A Customer Complaint For Alleged Broker Misconduct Who is Elwis Johnson of Edward Jones? Elwis Johnson (CRD #6356996) who is currently registered with Edward Jones and located in Lakewood, Washington is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Edward Jones, Elwis Johnson was associated with Waddell & Reed and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Elwis Johnson Customer Complaint Elwis Johnson has been the subject of at least one customer complaint that we know about, which was filed to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were the financial advisor failed to disclose the tax consequences of a liquidation of an annuity. Elwis Johnson’s customer complaint was settled in favor of the investor. Elwis Johnson Red Flags & Your Rights As An Investor Of course, Elwis Johnson 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 Elwis Johnson at Edward Jones and Waddell & Reed on alert to review carefully the activity and performance of their accounts and question whether Elwis Johnson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Edward Jones and Waddell & Reed also raises questions about the brokerage firms’ 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 Edward Jones Due To Elwis Johnson If you have questions about Edward Jones, Waddell & Reed, and/or Elwis Johnson 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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Dec 14, 2022

Emilio Vazquez of Infinex Investments, Inc.

DID EMILIO A. VAZQUEZ CAUSE YOU INVESTMENT LOSSES? Emilio Vazquez Of Infinex Investments, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct Who is Emilio Vazquez of Infinex Investments, Inc.? Emilio Vazquez (CRD #3222414) who is currently registered with Infinex Investments, Inc. and located in Coconut Grove, Florida is a subject of one of our many securities industry sales practice abuse investigations.   Emilio Vazquez Customer Complaints Emilio Vazquez has been the subject of 2 customer complaints that we know about, 1 of those complaints was filed in the last year to recover investment losses. One of Emilio Vazquez’s 2 customer complaints was settled in favor of investor. There is currently 1 pending customer complaint filed against Emilio Vazquez’s current employer Infinex Investments, Inc. for investment losses caused by the alleged misconduct. Allegations Against Emilio Vazquez A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Emilio Vazquez Red Flags & Your Rights As An Investor Of course, Emilio Vazquez 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 Emilio Vazquez at Infinex Investments, Inc. on alert to review carefully the activity and performance of their accounts and question whether Emilio Vazquez has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Infinex Investments, Inc. also raises questions about the brokerage firms’ 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 Infinex Investments, Inc. Due To Emilio Vazquez If you have questions about Infinex Investments, Inc. and/or Emilio Vazquez 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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Dec 14, 2022

Emilio Guajardo of Merrill Lynch, Pierce, Fenner & Smith Incorporated

DID EMILIO GUAJARDO JR CAUSE YOU INVESTMENT LOSSES? Emilio Guajardo Of Merrill Lynch, Pierce, Fenner & Smith Incorporated And Formerly With BB&T Securities, LLC Has 2 Customer Complaints For Alleged Broker Misconduct Who is Emilio Guajardo of Merrill Lynch, Pierce, Fenner & Smith Incorporated? Emilio Guajardo (CRD #4871764) who is currently registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated and located in The Woodlands, Texas is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Merrill Lynch, Pierce, Fenner & Smith Incorporated, Emilio Guajardo was associated with BB&T Securities, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Emilio Guajardo Customer Complaints Emilio Guajardo has been the subject of 2 customer complaints that we know about, 1 of those complaints was filed in the last year to recover investment losses. One of Emilio Guajardo’s 2 customer complaints was settled in favor of the investor. There is currently 1 pending customer complaint filed against Emilio Guajardo’s former employer BB&T Securities, LLC for investment losses caused by the alleged misconduct. Allegations Against Emilio Guajardo A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Emilio Guajardo Red Flags & Your Rights As An Investor Of course, Emilio Guajardo 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 Emilio Guajardo at Merrill Lynch, Pierce, Fenner & Smith Incorporated and BB&T Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Emilio Guajardo has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner & Smith Incorporated and BB&T Securities, LLC also raises questions about the brokerage firms’ 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 Merrill Lynch, Pierce, Fenner & Smith Incorporated Due To Emilio Guajardo If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated, BB&T Securities, LLC, and/or Emilio Guajardo 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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Dec 14, 2022

Eric Coffman of Valmark Securities, Inc.

DID ERIC DONALD COFFMAN CAUSE YOU INVESTMENT LOSSES? Eric Coffman Of Valmark Securities, Inc. Has A Customer Complaint For Alleged Broker Misconduct Who is Eric Coffman of Valmark Securities, Inc.? Eric Coffman (CRD # 2206779) who is currently registered with Valmark Securities, Inc. and located in Fairlawn, Ohio is a subject of one of our many securities industry sales practice abuse investigations.   Eric Coffman Customer Complaint Eric Coffman has been the subject of at least one customer complaint that we know about, which was filed to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were the customer’s instructions to stop automatic income distributions set up on her accounts were not executed. Eric Coffman’s customer complaint was settled in favor of the investor. Eric Coffman Red Flags & Your Rights As An Investor Of course, Eric Coffman 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 Eric Coffman at Valmark Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Eric Coffman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Valmark Securities, Inc. also raises questions about the brokerage firm’s 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 Valmark Securities, Inc. Due To Eric Coffman If you have questions about Valmark Securities, Inc. and/or Eric Coffman 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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Dec 13, 2022

Elad Rahamim of Wells Fargo Clearing Services, LLC

DID ELAD RAHAMIM CAUSE YOU INVESTMENT LOSSES? Elad Rahamim Of Wells Fargo Clearing Services, LLC Has A Customer Complaint For Alleged Broker Misconduct Who is Elad Rahamim of Wells Fargo Clearing Services, LLC? Elad Rahamim (CRD #5460323) who is currently registered with Wells Fargo Clearing Services, LLC and located in Purchase, New York is a subject of one of our many securities industry sales practice abuse investigations.   Elad Rahamim Customer Complaint Elad Rahamim has been the subject of at least one customer complaint that we know about, which was filed to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were financial advisor recommended unsuitable investments. Elad Rahamim’s customer complaint was denied, and, to date, the customer has not taken any further action. Elad Rahamim Red Flags & Your Rights As An Investor Of course, Elad Rahamim 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 Elad Rahamim at Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Elad Rahamim has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services, LLC also raises questions about the brokerage firm’s 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 Wells Fargo Clearing Services, LLC Due To Elad Rahamim If you have questions about Wells Fargo Clearing Services, LLC and/or Elad Rahamim 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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Dec 13, 2022

Eli Buchman of J.P. Morgan Securities LLC

DID ELI BUCHMAN CAUSE YOU INVESTMENT LOSSES? Eli Buchman Of J.P. Morgan Securities LLC Has 3 Customer Complaints For Alleged Broker Misconduct Who is Eli Buchman of J.P. Morgan Securities LLC? Eli Buchman (CRD #4266664) who is currently registered with J.P. Morgan Securities LLC and located in Brooklyn, New York is a subject of one of our many securities industry sales practice abuse investigations. Eli Buchman Customer Complaints Eli Buchman has been the subject of 3 customer complaints that we know about, which were filed to recover investment losses. One of Eli Buchman’s customer complaints resulted in an Award in favor of the investor. Two of Eli Buchman’s customer complaints were denied and, to date, the customers have not taken any further action. Allegations Against Eli Buchman A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Eli Buchman Red Flags & Your Rights As An Investor Of course, Eli Buchman 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 Eli Buchman at J.P. Morgan Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Eli Buchman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.P. Morgan Securities LLC also raises questions about the brokerage firm’s 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.P. Morgan Securities LLC Due To Eli Buchman If you have questions about J.P. Morgan Securities LLC and/or Eli Buchman 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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Dec 13, 2022

Elizabeth Liechty of Lincoln Financial Advisors Corporation

DID ELIZABETH ANN LIECHTY CAUSE YOU INVESTMENT LOSSES? Elizabeth Liechty Of Lincoln Financial Advisors Corporation Has 2 Customer Complaints For Alleged Broker Misconduct Who is Elizabeth Liechty of Lincoln Financial Advisors Corporation? Elizabeth Liechty (CRD #3215809) who is currently registered with Lincoln Financial Advisors Corporation and located in Annapolis, Maryland is a subject of one of our many securities industry sales practice abuse investigations.   Elizabeth Liechty Customer Complaints Eli Buchman has been the subject of 3 customer complaints that we know about, which were filed to recover investment losses. One of Eli Buchman’s customer complaints resulted in an Award in favor of the investor. Two of Eli Buchman’s customer complaints were denied and, to date, the customers have not taken any further action. Allegations Against Elizabeth Liechty A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Elizabeth Liechty Red Flags & Your Rights As An Investor Of course, Elizabeth Liechty 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 Elizabeth Liechty at Lincoln Financial Advisors Corporation on alert to review carefully the activity and performance of their accounts and question whether Elizabeth Liechty has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Lincoln Financial Advisors Corporation also raises questions about the brokerage firm’s 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 Lincoln Financial Advisors Corporation Due To Elizabeth Liechty If you have questions about Lincoln Financial Advisors Corporation and/or Elizabeth Liechty 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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Dec 13, 2022

Elizabeth Rahn of J.P. Morgan Securities LLC

DID ELIZABETH E. RAHN CAUSE YOU INVESTMENT LOSSES? Elizabeth Rahn Of J.P. Morgan Securities LLC Has A Customer Complaint For Alleged Broker Misconduct Who is Elizabeth Rahn of J.P. Morgan Securities LLC? Elizabeth Rahn (CRD #496189) who is currently registered with J.P. Morgan Securities LLC and located in Los Angeles, California is a subject of one of our many securities industry sales practice abuse investigations. Elizabeth Rahn Customer Complaint Elizabeth Rahn has been the subject of at least one customer complaint that we know about, which was filed to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were misrepresentation and suitability. Elizabeth Rahn customer complaint was settled in favor of the investor. Elizabeth Rahn Red Flags & Your Rights As An Investor Of course, Elizabeth Rahn 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 Elizabeth Rahn at J.P. Morgan Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Elizabeth Rahn has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.P. Morgan Securities LLC also raises questions about the brokerage firm’s 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.P. Morgan Securities LLC Due To Elizabeth Rahn If you have questions about J.P. Morgan Securities LLC and/or Elizabeth Rahn 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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