Morgan Stanley terminated around ten brokers following a nationwide probe of alleged abuses in its inherited account program, according to lawyers, firm sources and former managers per advisor Hub. Miller Stern Lawyers – 410-Law-Firm is currently investigating clients of Morgan Stanley who are victims of, and suffered damages and losses,…
NEW YORK (Legal Newsline) – Miller Stern Lawyers – 410-Law-Firm is currently investigating clients of Citigroup who are victims of, and suffered damages and losses in their pension funds, due to regulatory fines and penalties. A securities class action against Citigroup has been filed in New York federal court. Their plaintiff…
Securities Experts Roundtable The Expert’s Examiner Stifel, Nicolaus & Co. v. Stern, No. 1:20-cv-00005 (D. Md. Mar. 31, 2020). September 6, 2020 We reach back in time a bit to present this Explained Award, but for good reason, we think. First, it’s still timely, in that a post-Award challenge…
Miller Stern Lawyers – 410-Law-Firm is currently investigating clients of Wells Fargo Advisors who are victims of, and suffered damages and losses, due to the failure to supervise. It has been reported that Wells Fargo Advisors has agreed to pay more than $550,000 in fines and restitution for failing to…
FINRA has fined and suspended a former Edward Jones & Co. broker in Kansas who attempted to settle a customer complaint on his own, according to a settlement letter and Advisor Hub. “Topeka-based broker Michael A. Erwin allegedly wrote a $2,500 check out of pocket to resolve a complaint from…
According to Advisor Hub, “Joseph Woitkoski, who was terminated by Raymond James Associates in 2018 after 20 years as a registered rep, was suspended for 30 days and fined $7,500 for allegedly making discretionary trades for 12 customers without their written authorizations, according to an acceptance, waiver and consent letter…
Miller Stern Lawyers, LLC – 410-Law-Firm is currently investigating allegations of fraud against Stephen Douglas Pizzuti in connection with an SEC settlement. According to the settlement posted on www.sec.gov “Pizzuti (CRD 1461660), age 58, is a resident of DeBary, Florida. At the time of the misconduct that led to his…
Miller Law Group – Miller Stern Lawyers, LLC is currently investigating allegations against John Hoff Russell CRD#: 728702 and Stifel, Nicolaus & Company, Incorporated pertaining to a multitude of allegations including broker fraud, subterfuge negligence and intentional actions in customer accounts without authority, breach of fiduciary duty, and other securities violations. Please call…
Miller Stern Lawyers, LLC 410- Law Firm is currently investigating claims against Financial Advisor Philip Rousseaux and Everest Wealth Management allegations of violations of various securities laws. According to the Daily Record, Investment adviser Philip Rousseaux is in another legal battle with his own lawyers this time, facing a lawsuit seeking…
According to Advisor Hub customer complaints and litigation against brokerages will be heating up with the market turmoil. Most of the industry will likely conclude that coronavirus pandemic fears and oil wars between Russia and Saudi Arabia are the cause of the market drop and are totally out of anyone one…