Complaint Filed Against Park Avenue Securities For Poor Annuity Advice Myles Davis Thurston II (CRD#: 1810907, Maitland, Florida) has been a registered representative of Park Avenue Securities LLC since June 8, 2001. He disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that he is subject of a customer-initiated investment-related complaint dated November 20, 2017. Customer […]

Customers Sue RBC Capital Markets for Unsuitable Municipal Bonds Samuel Kluft Koltun (CRD#: 1739664, West Palm Beach, Florida) was a registered representative of RBC Capital Markets, LLC until his August 8, 2018 termination. He disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities have given rise to a customer-initiated investment-related arbitration dated November […]

Wells Fargo’s Charles Sherman Sanctioned By FOFR Christopher Charles Sherman (CRD #: 2233839, Viera, Florida) is a prior Wells Fargo Advisors, LLC registered representative whose registration was terminated on June 18, 2014. The Florida Office of Financial Regulation issued an Order on April 5, 2017 requiring Sherman to cease and desist breaking rules relating to […]

Customer Contends MML Investors Omitted Annuity Fees Andrew Charles Berleth (CRD #1476284, Walnut Creek, California) has been a registered representative of MML Investors Services LLC since November 17, 2003. He disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities have given rise to a customer-initiated investment-related written complaint dated June 11, 2018. MML […]

AFinancial Industry Regulatory Authority (FINRA) panel of arbitrators has ordered Trustmont Financial Group Inc. to pay one of their clients more than $1 million in damages. The client had accused Trustmont of breach of fiduciary duty, fraud and negligence relating to two 1035 annuity exchanges and a private real estate investment trusts (REITs). The client […]

Massachusetts regulators have charged StockCross Financial Services and Peter Edward Cunningham (CRD#: 2400211), one of its brokers/investment advisors, with allegedly engaging in improper trading practices. StockCross is also charged with alleged failure to reasonably supervise its agent. The regulators have charged StockCross and Peter Cunningham of Los Angeles, with allegedly recommending their clients, 30% of […]

SCOTT PATRICK KOZAK (SCOTT KOZAK) CRD#: 1272583, according to FINRA’s BrokerCheck, was discharged from Cetera Advisors LLC of Highlands Ranch, Colorado on July 23, 2018 following allegations of “Violating firm policy prohibiting Personal Securities Transactions.”  Scott Kozak worked as a registered representative with Cetera Advisors LLC in Highlands Ranch, Colorado, from 2001 until he was […]

Business Development Corporation of America (BDCA) Losses? Soreide Law Group is investigating possible claims on behalf of investors who purchased Business Development Corporation of America (BDCA). BDCA is a New York, New York based business development company making debt investments in middle-market companies. Soreide Law Investigating (BDCA) Losses? Business development companies (BDCs) are entities investing […]

Customer Files Suitability Complaint Against Summit Brokerage Soreide Law Group is investigating claims on behalf of customers who invested with David Charles Hill (CRD #818407, Port Orange, Florida). Hill was a registered representative of Summit Brokerage Services, Inc. who was discharged on November 16, 2017. Summit Brokerage Services alleged that Hill did not disclose the […]