A National Securities Arbitration & Investment Fraud Law Firm
CRD#5475175
Silver Law Group is investigating former Melville, New York-based LPL Financial broker Thomas Borruso after a customer allegation of breach of unsuitable investment recommendations and over concentration was received by FINRA.
The Silver Law Group and the Law Firm of David Chase have announced their joint investigation into allegations that Fort Lauderdale, Florida based Invest Financial Corporation broker Roger Kroeger made improper loans from a customer account to a family members and/or misappropriated customers funds. Invest Financial Corporation terminated Kroeger on November 17, 2017, on the grounds that: “Representative admitted to facilitating a loan to his sister from a senior client, and was subsequently charged with multiple felony offenses in connection with these circumstances.”
The Sun Sentinel recently reported that Kroeger is facing state criminal charges arising out of his handling of this elderly customer’s brokerage account. The criminal charges include: exploitation of the elderly, grand theft and money laundering.
Securities brokerage firms are legally responsible for supervising the activities of their stock brokers and financial advisors, and can be held liable for their wrongful conduct, including misappropriation of customer funds.
Clint H. Stoffels
CRD# 5891072
Silver Law Group is investigating former Dallas, Texas UBS Financial Services broker Clint H. Stoffels after a client filed a FINRA complaint alleging unsuitable options investments, churning and misrepresentation.
Ricardo F. Guimares
CRD#5442981
Silver Law Group is investigating Miami, New Florida-based Wells Fargo broker Ricardo Guimares after a customer complaint alleging unsuitable investment advice.
Jeffrey S. Thompson
CRD#4602601
Silver Law Group is investigating Lake Wales, Florida-based LPL Financial broker Jeffrey Thompson following a customer complaint alleging unauthorized investment activity and unsuitable investment recommendations.
Harold J. Lauber
CRD#2001512
Silver Law Group is investigating Naples, Florida-based Herbert J. Sims & Co broker Harold Lauber, after a customer allegation of unsuitable investment recommendations was received by FINRA.
Scott L. Silver is the managing partner of Silver Law Group, a nationally recognized law firm with offices conveniently located in New York and Florida representing aggrieved investors worldwide to recover their investment losses. Scott has received a Martindale Hubbell Preeminent “AV” Rating, the highest ratings given for general ethical standards and legal ability. Scott has spent his entire legal career practicing securities and financial services law.
Silver Law Group’s New York, New York office is focused on securities arbitration and litigation and plaintiff-side class action litigation, representing individual investors and institutions in claims against brokerage firms, investment advisors, commodities firms, hedge funds and others. Scott also routinely serves as counsel to receivers and trustees in matters relating to the recovery of investor losses in Ponzi schemes. Consultations and case reviews are available on a appointment only basis
Call Silver Law Group New York at 212-377-5227
Felipe N. Arrieta
CRD#4142123
Silver Law Group is investigating Miami, Florida-based Dakota Securities International broker Felipe Arrieta following a customer complaint alleging unauthorized trading, breach of fiduciary duty and breach of contract in customers’ accounts.
Christopher D. Sinkula
CRD#2001512
Silver Law Group is investigating former Stuart, Florida-based Janney Montgomery Scott LLC broker Christopher Sinkula, after a customer allegation of misrepresentation and unsuitable recommendations were received by FINRA.
Binary options have become a subject of heightened discussion in the financial sector since they appear like a good investment on the surface; however, bad binary option companies do not provide a viable potential for the user to have success in their trade. Their unpredictable activity has caught the attention of many governmental agencies around the globe that are trying to crack down on the fraud associated with them. Where this debate becomes the most intense is when financial experts are discussing whether there is a possibility to recover a gain even though the trader has had so many losses. This hidden aspect of binary options makes them exceedingly unreliable for traders to pursue. In order to fully understand what a “loss” means for binary options, consider the conversation below:
What Does a Loss Actually Mean?
Where the issue of a “loss” becomes paramount is when dealing with high-low binary options. In this instance, the trader will have more losses than they will gains in many circumstances. This is where it become quite difficult to recover the money that was invested as well as any potential gains that may have occurred on a series of transactions since losses are more common than gains across the board. Granted, this will differ depending on the broker involved; however, it is the constant that has remain standard across the board in terms of investing in binary options.
Securities Arbitration Lawyers Blog