Securities Arbitration Lawyers Blog

Silver Law Group is investigating former South Florida-based RBC Capital Markets (“RBC”) broker Lisa J. Lowi (CRD# 1347790) for amassing 23 customer complaints since early 2015, many of which deal with energy-related investments. According to Lowi’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck report, 23 customer complaints have been reported against…

The Securities and Exchange Commission (the “SEC”) filed charges against 10 individuals, five of which were registered brokers, involved in schemes to trick investors into buying shares of ForceField Energy Inc. According to the complaint, the schemes involved ForceField’s then-chairman, Richard St. Julien, steering these registered brokers to sell the…

Fraud, misappropriation of funds, and criminal charges—this New York broker is in serious trouble. The subject of numerous customer disputes, Frederick Monroe has been barred from associating with acting as a broker or otherwise associating with firms that sell securities to the public. Frederick Monroe began his career in the…

This is the fourth complaint filed against the Raymond James broker Martin “Skip” Waldman of Boca Raton, Florida. Boca Raton broker Martin Waldman now faces yet another client complaint. In his 13 years in the securities industry, Waldman has several reported disclosure events on his professional track record. Waldman has…

Paul Posillico, a New York stock broker, is no longer licensed. After ten years in the securities industry, Paul Posillico has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. Although his barring occurred in June of 2015, Posillico was…

David Burke has been barred by FINRA. David Burke failed to respond the requests from FINRA for information, and as a result has been permanently barred from the securities industry. Accused of selling away, which means that Burke solicited clients to purchase securities not held or offered by his member…

New Jersey broker Edward T. Murphy permanently barred by FINRA due to multiple allegations of misconduct. Multiple serious client complaints have plagued Wells Fargo broker, Edward T. Murphy over the last several years and he has now been permanently barred from all securities activity by the Financial Industry Regulatory Authority…

With Puerto Rico’s credit issues and default taking front and center in the media, people may not realize that the damage from what is going on is not limited to Puerto Rico but may affect a number of U.S. Mutual Fund Companies.  In fact, the average, small passive investor may…

Silver Law Group is pursuing securities arbitration claims for the sale of leveraged closed-end bond funds by brokerage firms such as UBS Financial Services, Inc. of Puerto Rico, Popular Securities, LLC, Santander Securities, LLC, Oriental Financial Services Corp., and Merrill Lynch.  The investigation involves the sales practices of these brokerage…

Allegations of churning, unsuitability, and questionable exercise of discretion surround barred broker. William Siegel began his securities industry career in 2001 with Citigroup Global Markets Inc. in New York. Shortly after moving to Morgan Stanley & Co. in 2007, Siegel received his first complaint arising out of the sale of…