Wayne Hummer Clients Allege Structured CDs Misrepresented By Broker Jeannette Adcock Evidently, investors are voicing complaints and serious concerns in regard to securities broker Jeannette Adcock [CRD#: 1432053, Bloomingdale, Illinois]. It appears that the securities broker, who worked for Wayne Hummer Investments between September 20, 2004 and April 21, 2017, is involved in 10 investor […]

Short Treasury Losses? Did Your Broker Put You In an Unusual Amount of Short Treasury Positions? Levered short positions in treasuries such as Proshares Ultrashort 7-10 Year Treasury symbol PST have created massive losses in client portfolios.  These instruments are faulty in the long run because of decay related to leverage besides betting on the […]

STIFEL, NICOLAUS & COMPANY, INC was ordered to pay over $1.5 million to three clients by a Financial Industry Regulatory Authority (FINRA) arbitration panel.  These three clients alleged that Stifel, Nicolaus & Co failed to properly supervise their broker, KENNETH DAVID BLUMBERG (KENNETH BLUMBERG) CRD#: 1585520, who they claim allegedly over-concentrated his clients into biotechnology […]

Money Concepts Broker Christopher Puffer Allegedly Breaches Fiduciary Duty In Connection With Alternative Investment Sales Have you invested with Christopher Puffer [CRD#: 2878141, Louisville, Kentucky]? Notably, the securities broker, who joined Money Concepts Capital Corp. on October 27, 2006, discloses on FINRA BrokerCheck that at least three of his clients challenged his sales practices. In […]

SSoreide Law Group has been contacted by investors alleging unsuitable annuity transactions by the following broker: CYNTHIA MARY COUYOUMJIAN (CYNTHIA COUYOUMJIAN, CYNTHIA MARY KOCZKODAN) CRD#: 1456630 According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website, CYNTHIA COUYOUMJIAN is currently registered with INDEPENDENT FINANCIAL GROUP of Tustin, California, and has 27 Disclosures […]

JOHN RAYMOND LISOWSKI CRD#: 1011572, along with his firm, STIFEL, NICOLAUS & COMPANY, INC., was ordered by a FINRA arbitration panel to pay $500,000.00 to a client who alleged over-concentration and unauthorized trading. Lisowski is currently a registered representative at Stifel, Nicolaus & Co in Pittsburgh, Pennsylvania. According to FINRA, the client filed the claim […]

UBS Broker Cary Moskowitz Allegedly Caused Investor's Losses Soreide Law Group is looking into potential investor disputes against securities broker Cary Moskowitz [CRD#: 1287997, New York, New York]. Notably, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that 3 or more clients were allegedly wronged by the securities broker, who joined UBS in 2008. Supposedly, clients […]

Joseph Stone Broker Erik Pica Allegedly Steals $200,000 From Client Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports alarming allegations of improprieties by Joseph Stone Capital securities broker Erik Pica [CRD#: 4829533, New York, New York]. Namely, FINRA filed a complaint against Pica alleging his conversion of client funds. In addition, 7 clients  brought […]

Broker Gabe Block's License Revoked By NJ Securities Bureau Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) shows troubling information in regard to securities broker Gabriel “Gabe” Block (CRD#: 2103543, Red Bank, New Jersey). Not only has New Jersey Bureau of Securities issued a $750,000 fine to Block and revoked his license for allegedly engaging […]