Securities Arbitration Lawyers Blog

Since the beginning of 2017, he’s been involved in numerous customer disputes For the time being, Abraham Heimann is not working as a broker. He started at Cetera Advisors LLC out of Alpharetta, Georgia, in June of 2013, but his employment there ended in early 2016. And even though he…

The West Des Moines broker is under suspicion of elder financial fraud surrounding agreement with 76-year old customer. According to the Financial Industry Regulatory Authority (FINRA), Steven Anthony Olejniczak was discharged from his employment with Edward Jones in West Des Moines, IA in May 2016 for failing to report to…

Founded in 1983, Cetera Advisor Networks, LLC (CRD# 13572) is one of the largest independently managed brokerage firm in the U.S. Based in El Segundo, California, the company has a network of 10 broker-dealer firms consisting of nearly 10,000 advisors. Cetera was originally created under the name of Financial Network…

The former Mid Atlantic broker was accused of violating his duty as a trustee Earlier this year, the Financial Industry Regulatory Authority (FINRA) began investigating David Wesley Wells due to allegations that he misappropriated funds from at least one client. When Wells refused to give FINRA the information it needed,…

The New Jersey broker is alleged to have committed elder financial fraud V. Cullen Kempson III (also known as Voigt C. Kempson) was fined and suspended earlier this year by the Financial Industry Regulatory Authority (FINRA). The agency discovered and reported that he had made trades in the account of…

Silver Law Group is investigating claims against Miami-based stockbroker Angel E. Aquino-Velez. According to FINRA records, Mr. Aquino is no longer registered with Morgan Stanley. Aquino’s FINRA BrokerCheck record shows (11) total Customer Disputes with (3) of those disputes still pending resolution. The pending claims allege unsuitability and misrepresentation with…

After numerous allegations, his 23-year career has come to an end The Financial Industry Regulatory Authority (FINRA) has permanently barred Darnell Anthony Deans from the securities industry. The agency’s final ruling came after years of sanctions, suspensions, and fines related to a charge that he borrowed money from clients. In…

Outside business activities involving elderly clients cost him his career As of April 2017, Timothy David Ballard is no longer allowed to act as a broker or have anything to do with firms that sell securities to the public. It was then that he was permanently barred by the Financial…

A Long Island-based cold-calling scam allegedly stole more than $10 million from clients The Securities and Exchange Commission (SEC) recently brought charges against 13 defendants who allegedly operated two cold-calling investment scams in Long Island, NY. According to the complaint, the companies involved defrauded investors out of more than $10…

A new study from Allianz Life Insurance Company of North America offers tips on how to protect yourself and your loved ones against financial abuse Elder financial abuse affects not only the elderly victims, but those who care them as well. According to a recent study by Allianz Life Insurance…