For over 25 years, Silver Law Group has been representing investors in securities and investment fraud cases. A core part of our practice is representing investors in stockbroker misconduct cases which are generally administer by FINRA and hearings are held in major cities around the country. However, the current health…
Articles Posted in FINRA Arbitration
The Parking REIT Offers Investors “No Assurance” Liquidity Event Will Occur At All
The Parking REIT said in an April, 2020 letter to investors that the option to provide liquidity to shareholders by listing common shares on a stock exchange is “not currently viable” and “there can be no assurance that the company will cause a liquidity event to occur in the near…
FINRA Disciplinary Actions For April 2020 Names Registered Individuals Suspended For Failure To Comply With Award Or Settlement Agreement
According to FINRA Disciplinary actions for April 2020, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules: NAME FORMER EMPLOYERS Neal Carlson Wells Fargo Clearing Services, LLC Wells Fargo Advisors, LLC Michael…
Silver Law Group Files FINRA Arbitration Claim On Behalf Of A Customer Of David Krumrey Of Oppenheimer & Co., Inc.
Silver Law Group recently filed a FINRA arbitration claim on behalf of a customer of David Krumrey of Oppenheimer & Co. Among other things, the suit alleges breach of fiduciary duty, negligence, breach of contract, and failure to supervise resulting in substantial investment losses in the customer’s account. Silver Law…
Silver Law Group Files FINRA Arbitration Claim Against Wells Fargo Regarding Broker’s Real Estate Advice
Silver Law Group has filed a FINRA dispute resolution claim against Wells Fargo and one of its brokers on behalf of a client who lost over $1,000,000 as a result of bad real estate investment advice he received from his broker. Silver Law Group has filed arbitration claims against Wells…
Robert Perlman Subject Of Customer Dispute For Selling UBS YES Strategy
Robert Perlman (CRD# 1892131) is a currently-registered broker with UBS Financial Services who has 3 customer disputes on his publicly-available FINRA BrokerCheck report, including 1 that seeks $750,000 in damages related to investment in the UBS Yield Enhancement Strategy (YES). Robert Perlman (Robert Benjamin Perlman) has been in the securities…
Matthew Crafa, Royal Alliance Broker, Subject Of 2 Disclosures
Matthew Crafa (Matthew William Crafa) (CRD#: 3114277), a currently-registered broker with Royal Alliance Associates, Inc (CRD#: 23131) in Garden City, New York, is the subject of 2 disclosures on his publicly-available FINRA BrokerCheck report, which are both customer disputes. Mr, Crafa allegedly sold GPB to many residents in Boca Raton,…
Steven Reznic, Former Broker With Raymond James, Subject Of 24 Disclosures
Steven Reznic (a/k/a Steven Paul Reznik, Steve Reznik) (CRD#: 1067199), a previously-registered broker who last worked for Raymond James Financial Services (CRD#: 6694) at their Tallahassee, Florida branch, is the subject of a remarkable 24 disclosures on his publicly-available FINRA BrokerCheck report. Reznic has been in the industry since 1982.…
Silver Law Group Files Claims for Unsuitable Sale of a Reg D Private Placement
Silver Law Group recently filed FINRA arbitration claims against a broker-dealer for the recommendation and sale of an unsuitable Regulation D (“Reg. D”) private placement. The broker-dealer marketed the investment as having huge upside because the company’s initial public offering (“IPO”) was coming up. However, despite repeated promises to customers,…
FINRA Bars Benjamin Lowder After Allegations Of Fraud And Deceptive Trade Practices
Benjamin Benoit Lowder Jr. (CRD: #3014106) is a former registered broker whose last employer was MSI Financial Services, Inc. (CRD#:14251) of Charlotte, NC. He was previously employed with Metropolitan Life Insurance Company (CRD#:4095), also of Charlotte, NC, and Jefferson Pilot Securities Corporation (CRD#:3870) of Fort Wayne, IN. He has been…