INVESTORS: Los Angeles-based brokerage firm Wedbush Securities, Inc. was fined $975,000 by FINRA for failing to ensure it had appropriate systems and controls in place[...]
Investment Loss Investigations
The Financial Industry Regulatory Authority (FINRA) regulates over 600k individual registered representatives, commonly referred to as stockbrokers or financial advisors. In 2017 alone FINRA received over 3,000 complaints from investors. 733 individual brokers were suspended and nearly 500 others were barred from the financial services industry entirely.
As securities fraud attorneys we represent investors who have suffered significant losses because of malpractice, negligence, or even fraud on the part of their investment advisor or stockbroker. We invite you to explore the articles below to get up-to-date information on brokers who we are currently investigating for misconduct. If you see your advisor’s name in the articles below, it’s worth reading about their regulatory history.
If you’ve suffered significant investment losses, click here to understand why it’s critical that you speak with an attorney about your options. When you’re ready, contact our firm for a free, no obligation review of your case.
If you invested in “10X” or with Cardone Capital based on any misleading information published by Cardone on social media, with promises of high investment[...]
Clients of UCB Financial Advisors and its principals Lina Maria Garcia and Ramiro Jose Sugranes may have grounds for damages. In November 2021 Sonn Law[...]
Investors concerned about option strategies recommended by their broker should seek advice from a securities attorney. FINRA has ruled that Morgan Stanley must pay $11.5[...]
Sonn Law Group is investigating potential claims against BlockFi after news that BlockFi has frozen customer withdrawals. Get a Free Consultation Online Or, call us[...]
Sonn Law Group is investigating potential claims against FTX and others for the loss of customer funds at FTX.com. Get a Free Consultation Online Or,[...]
INVESTORS: The SEC filed charges against the estate of Stephen Romney Swensen, a former registered investment adviser representative, for operating a fraudulent investment offering from[...]
If you were hit with a significant tax burden as a result of Vanguard’s sell-off of large amounts of assets in target-date retirement funds, you[...]
INVESTORS: James Arthur McDonald, Jr. and his SEC-registered investment adviser firm, Hercules Investments, LLC, were charged by the SEC in connection with two fraudulent securities[...]
INVESTORS: Secured Income Group and its owner, Max McDermott, were charged with $100 million offering fraud. On September 15, 2022, the SEC announced charges against[...]