Securities Arbitration Lawyers Blog

According to FINRA Disciplinary actions for March 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   Eric Abrahams   Burch & Company, Inc.   Stillwater Structured Finance, LLC   Ronny Acluche…

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…

Silver Law Group, a nationally-recognized class action law firm representing investors, is investigating plant-based meat producer Beyond Meat, Inc. (BYND) on behalf of shareholders in the company. Beyond Meat (BYND) Subject Of Class Action Lawsuit A class action lawsuit has been filed against Beyond Meat for potential violations of federal…

Silver Law Group is investigating PNC Bank regarding its involvement with The Income Store, a company The SEC accuses of operating a “Ponzi-like scheme”, which allegedly promised investors high rates of return from revenue-generating websites. SEC Files Emergency Enforcement Action Against The Income Store In January, 2020, The Securities and…

The Securities and Exchange Commission (SEC) is accusing Florida-based real estate firm EquiAlt LLC, and its owner and managing director, with running a Ponzi scheme that raised over $170 million from 1,100 investors and misappropriated millions of dollars to pay for personal luxury items including sports cars and private jet…

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…

Christopher Tolmacs (CRD#: 4648724), a barred broker formerly with Triad Advisors, Inc. (CRD#: 25803) in Portage, MI, is the subject of 18 disclosures on his publicly available FINRA BrokerCheck report. Christopher Tolmacs has been in the industry since 2003. Before joining Triad Advisors in 2008, he previously worked for ING…

Silver Law Group has filed a FINRA arbitration claim against Kalos Capital, Inc. (CRD# 44337) regarding broker Eric Weschke (CRD# 3486324) and losses our client suffered by investing in GPB Capital Holdings. Eric Weschke has been in the industry since 1994, and works out of Setauket, New York. Before joining…

FINRA requested comments on its proposed rule to limit registered representatives from being “named as a customer’s beneficiary or holding a position of trust for or on behalf of a customer.” Silver Law Group, a nationally-recognized investor rights law firm, has submitted a comment letter to FINRA that states our…

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,…